The UN Global Compact Network Australia (UNGCNA), the Australian local network of the United Nations (UN) Global Compact, will spearhead the regional strategy for the world recognised network, Science Based Targets. With support from the Rockefeller Foundation, the UNGCNA will operate as the Science Based Targets Network Regional Outreach Coordinator for Australia and New Zealand/Aotearoa.
As Regional Outreach Coordinator, UNGCNA is convening a working group that outlines a regional strategy for nature-positive business engagement. The inaugural session will be held online on Friday 18 August 12.00pm (AEST).
About the Science Based Targets Network
The Science Based Targets Network (SBTN) brings together more than 60 NGOs, business associations and consultancies to collectively define what is necessary for businesses to do “enough” to stay within Earth’s limits and sustainably meet global needs. An initial group of seventeen global companies are preparing to submit targets for validation, including AB InBev, Alpro (part of Danone), Bel, Carrefour, Corbion, GSK, H&M Group, Hindustan Zinc Limited, Holcim Group, Kering, L’OCCITANE Group, LVMH, Nestlé, Neste Corporation, Suntory Holdings Limited, Tesco and UPM.
The work builds on the momentum of the Science Based Targets initiative, a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The organisations that make up the Science Based Targets initiative are among the core founding partners of the SBTN. Over 200 organizations have already helped road-test SBTN’s initial methods, tools and guidance including 115 companies; the majority of whom participate in SBTN’s Corporate Engagement Program – representing 20+ sectors in 25 countries with over $4 trillion in market cap.
The SBTN responds to a demand for more methods, guidance and tools to set science-based targets for the whole Earth system.
This working group is limited to UNGCNA participants. To enquire about participation, contact Dr Evan Center, Environment and Climate Change Manager.
