Science-based target setting manual choke

SBTI Science Based Targets Initiative. SEI Stockholm Environment Institute. SRC Stockholm Resilience Centre. It sets out the Alliance's recommended approach to target setting and reporting on progress towards real world emissions reductions in line with established science and members' Science Based Targets: Align your corporate CO2 reduction efforts with scientific scenarios and help curb climate change! DFGE will guide you along the way. But how are they different from regular targets? They are calculated on a scientific basis to ensure global warming from the pre-industrial Science-based target setting makes business sense - it future-proofs growth. This manual is a product of the Science Based Targets initiative, which identifies and promotes innovative approaches to setting ambitious and meaningful corporate GHG reduction targets. Setting science-based targets is a powerful way for companies to boost their competitive advantage in the transition to a low-carbon economy by ensuring that they are not exposed to regulatory Science-based targets set the basis and guiding principles for all climate action strategy at Unilever. Science-based targets show companies how much and how quickly businesses need to reduce their GHG emissions to prevent the worst impacts of climate change, leading them on a clear path towards decarbonization. By guiding companies in science-based target setting CDP recognizes that science-based targets represent best practices in target setting and is incentivizing/rewarding their adoption through • C16.1 Supplier engagement targets: Company targets to drive the adoption of science-based emission reduction targets by their suppliers are Science Based Targets & Electric Power Sector Decarbonization. Presentation outline § The Science Based Target Initiative (SBTi) methodology § Technical issues for companies to consider § Insights for company emissions reduction goal setting. Companies wishing to set a science based target recognised by SBTi need to consider the greenhouse gas emissions associated with their internal This Guidance supports ICT companies in the process of setting science based targets associated with their use of electricity to run their ICT What is a Science Based Target? V. Setting an SBT. V. Setting an SBT Company Considerations According to the Science-based Target Setting Manual (2017), if a company decides to set a SBT, there are six approved methods it can choose from (Table 2): Absolute emissions contraction 5 Science Based Targets Initiative (2019): Foundations of Science-Based Target-Setting. bit.ly/SBT-Foundations 6 Science Based Targets The foundations of setting science-based targets. SBT methodologies comprise three core components: a carbon or GHG budget, emission Science-based targets are carbon reduction targets consistent with the level of decarbonisation required to keep global temperature increase within 1.5° Target-setting in line with science. In 2015, close to 200 of the world's governments committed to prevent dangerous climate change by limiting 13. Science-based Target Setting Manual I Methods Overview An initiative by Allocation mechanism 2010 2020 2030 2040 2050 EmissionsIntensity Year Convergence Company A Company B Sector Company C • Used with sector-specific scenarios • Emissions intensity can be a physical or value 13. Science-based Target Setting Manual I Methods Overview An initiative by Allocation mechanism 2010 2020 2030 2040 2050 EmissionsIntensity Year Convergence Company A Company B Sector Company C • Used with sector-specific scenarios • Emissions intensity can be a physical or value Science Based Targets aims to encourage businesses to take swift climate action by Want to learn more about how to set science based targets for your business? We're writing the manual on how to mind the science and align corporate greenhouse gas emissions cuts with climate science.