The Global Compact Network Australia in partnership with the WWF is holding its second Community Practice Meeting on Science Based Targets (SBT) for 2019.
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.
Community of Practice
The Second Community of Practice meeting for this year will cover the following topics:
- Update on new Resources and Criteria launched in late April 2019.
- Infrastructure Company case studies from Multiplex Europe and Ferrovial Europe.
Cost
This event is free of charge for GCNA Members and there is a nominal fee for non-GCNA members to cover costs.
Registration
Registration for the webinar is a two-step process.
Step 1: Register your attendance via the Eventbrite registration page.
Step 2: In order to access the webinar itself you will need to complete registration through our Zoom Webinar platform. Within 24 hours of the start of the webinar, a link will be sent to you to complete your Zoom registration. AFTER registering to Zoom you will receive a confirmation email containing information about joining the webinar room.
Please note: If your organisation has firewalls that prevent the use of Zoom, we suggest downloading the Zoom app which can be found here:https://zoom.us/support/download
