Climate change and nature loss are deeply interrelated and present enormous risks to businesses.
We must transform the way we live and do business in a way that protects the global commons - our shared natural resources. A zero-carbon, nature-positive future is the only one in which people and planet can thrive. Business leaders have a critical role to play in steering their organizations towards a future where humanity and nature will thrive.
Through the 2015 Paris Agreement, world governments committed to curbing global temperature rise to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C. In 2018, the Intergovernmental Panel on Climate Change warned that global warming must not exceed 1.5°C to avoid the catastrophic impacts of climate change.
To achieve this, GHG emissions must halve by 2030 – and drop to net-zero by 2050. We have limited time for action and the private sector has a crucial role to play – every sector in every market must transform. Companies with science-based targets are already cutting emissions at scale.
More than 4,000 businesses in the world and 2,000 in Europe are already working with the Science-Based Targets initiative (SBTi).
Join the world’s biggest companies in five steps:
COMMIT: Submit a letter establishing your intent to set a science-based target
DEVELOP: Work on an emissions reduction target in line with the SBTi’s criteria
SUBMIT: Present your target to the SBTi for official validation
COMMUNICATE: Announce your target and inform your stakeholders
DISCLOSE: Report company-wide emissions and progress against targets on an annual basis
» Discover more: https://sciencebasedtargets.org/