Time to be confirmed. The SBT Initiative is a global program and its goal is simple: to limit global warming to no more than 2 degrees Celsius /1.5 degrees Celsius, in line with the United Nations’ Paris Agreement on climate change. In essence, it helps businesses set a clear pathway to transition towards a zero-carbon economy.
Internationally, over 500 companies have either set or committed to set targets under this Initiative. Since launching the Initiative, two companies each week across the globe are joining including global enterprises such as Dell, Coca-Cola Enterprises, Wal-Mart, Tesco, Procter & Gamble, Sony, Nestlé, Unilever, the Kellogg Company, Pfizer Company, AbInBev, Thalys, Komatsu, Tetra Pak, Walmart and Optus Singtel.
The initiative:
- Supports companies who demonstrate a commitment to ambitious target setting.
- Showcases companies that set science-based targets through case studies, events and media.
- Defines and promotes best practice with the support of a Technical Advisory Group.
- Offers resources, workshops and guidance to reduce barriers to adoption.
- Independently assesses and approves companies’ targets.
What is a ‘Science Based’ Target?
Targets adopted by companies to reduce emissions are “science-based” if they are in line with the level of decarbonisation required to keep the global temperature increase well below 2oC/1.5oC. Targets reflect both direct and indirect emissions, including emissions that occur in the life cycle of a material/product/service as well as supply chains.
More details about this webinar will be forthcoming.
