Science Based Targets: After the Paris Climate Summit, countries have come together on climate change and started to take some measures to prevent the problem. It is aimed to reduce climate change and its effects, which is an international problem, with the awareness that companies will create on this issue. Companies need to make a start to prevent the global temperature increase.
After the Paris Climate Summit, countries have come together on climate change and started to take some measures to prevent the problem. It is aimed to reduce climate change and its effects, which is an international problem, with the awareness that companies will create on this issue. Companies need to make a start to prevent the global temperature increase.
In order to leave a lower carbon footprint in the carbon market, companies are now requiring themselves to calculate their carbon footprint. Many companies show that they can grow economically while reducing their carbon footprint.
Science Based Target, on the other hand, means that companies sign under the promise of how much they will reduce the greenhouse gas emissions they create in a certain period of time. In doing so, you actually become a part of the problem and directly contribute to the target of 1.5 to 2 degrees reduction in climate change. In short, the target you have set and the promise you have made have meaning.
https://en.wikipedia.org/wiki/Sustainability_standards_and_certification
Minimise Uncertainty.
Increase Investors' Confidence.
Increase Profitability and Competitiveness.
What are the Science Based Targets (SBTi) Stages?
State Your Intentions
Develop Your Goal
Present your target to SBti
Announce Your Goal
Report Your Progress
Meet our Science Based Targets (SBTi) Consultants
Orhan Atacan
Sustainability Manager
Ali Rüzgar
Sustainability Senior Advisor
Orhan Atacan
Sustainability Manager
Ali Rüzgar
Sustainability Senior Advisor
Yıldıray Yılmaz
Senior Sustainability Advisor
Yıldıray Yılmaz
Senior Sustainability Advisor
David Parker
Sustainability Consultant
What are Science Based Targets (SBTs)?
Science Based Targets are goals set by companies to reduce their greenhouse gas (GHG) emissions in alignment with scientific recommendations to limit global warming. These targets are based on the latest climate science, particularly the targets outlined in the Paris Agreement, and aim to ensure that companies contribute to keeping global temperature rise well below 2 degrees Celsius above pre-industrial levels.
How are Science Based Targets determined?
Science Based Targets are typically established through a rigorous process that involves setting emission reduction goals consistent with the decarbonization pathway necessary to limit global warming. This process often includes conducting a comprehensive assessment of a company’s current emissions, identifying areas for emission reductions, and aligning reduction targets with the latest climate science and sector-specific benchmarks.
Why are Science Based Targets important for businesses?
Science Based Targets provide businesses with a clear and credible roadmap for addressing climate change and transitioning to a low-carbon economy. By setting targets that are grounded in scientific evidence, companies can demonstrate their commitment to sustainability, enhance their resilience to climate-related risks, and seize opportunities associated with the transition to a greener future. Additionally, Science Based Targets can enhance corporate reputation, attract investors seeking sustainable investment opportunities, and foster innovation in sustainable business practices.