Temperature alignment indicates the degree of global temperature increase compared to preindustrial levels targets are aligned to, in line with the goals of the Paris Agreement Companies with net-zero targets have both near- and long-term targets validated by the SBTi. Net-zero targets encompass both near and long-term targets. Long-term targets are developed by companies wishing to set net-zero targets under the Corporate Net-Zero Standard. These targets must be achieved no later than 2050 (or 2040 for the power sector). Long-term targets indicate the degree of emission reductions organizations need to reach in order to achieve net-zero according to the SBTi’s Corporate Net-Zero Standard criteria. Near-term targets are also a prerequisite for companies wishing to set net-zero targets. These targets galvanize the action required for significant emissions reductions to be achieved by 2030. Near-term targets outline how organizations will reduce their emissions over the next 5-10 years. Making a commitment is the first step in setting a science-based target organizations with the word ‘committed’ have not yet set a target. They are indicated by the word ‘committed’ in the dashboard. Details of an organization’s target can be viewed by expanding the rows below.Ĭommitments demonstrate organizations’ intention to develop targets and submit these for validation within 24 months. Targets are clearly-defined pathways for companies and financial institutions to reduce greenhouse gas (GHG) emissions, which have been validated by the SBTi. A more detailed data set is available to download in.
This includes the ‘target wording’: Details of the specific emissions reductions organizations must make that have been independently assessed and validated as science-based by the SBTi. It provides details of all organizations that are working to reduce their emissions by setting science-based targets.
The SBTi’s target dashboard shows science-based targets set and commitments made by companies and financial institutions since 2015.
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