Science Based Target initiative (SBTi)
Coca-Cola’s confusing emissions claims draw fire
Inconsistent and confusing public disclosures muddle attempts to assess corporate ambitions on climate. Read More
Carbon markets look to put a turbulent 2024 behind with signs pointing to an uptick
Action by governments and others give carbon market advocates hope that a corner has been turned. Read More
Science Based Targets initiative CEO resigns, citing personal reasons
Luiz Amaral’s resignation is the latest development in a challenging time for the validation organization. Read More
What corporate finance teams should know about SBTi’s new financial sector guidance
Updates for banks and other institutions setting science-based targets for emissions reductions take effect Nov. 30. Read More
Here's the timeline for SBTi’s corporate net-zero update
The standards-setting organization plans to address stakeholder feedback, including updates to climate science and challenges related to Scope 3 target setting. Read More
How SBTi’s shift on Scope 3 rules will affect carbon markets
4 possible outcomes of the proposed flexibility on carbon credits. Read More
‘Existential crisis’ at SBTi inflames rift over future of net-zero organization
Staff “deeply concerned” over board’s new policy allowing carbon offsets for net-zero goals. Read More
Reports: SBTi faces internal revolt over plans to relax rules on use of carbon offsets
Staff at the influential nonprofit are calling for the CEO's resignation after a controversial move to consult on changes to the net-zero standard, according to a Reuters report. Read More
Read the leaked protest letter from SBTi staff angry over new carbon offset policy
Letter claims the board “undermined” governance process in disclosing revised stance Read More
SBTi: Yes, companies can use carbon offsets to abate certain Scope 3 emissions
Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, will be published in July. Read More