As the Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment report states, the world is running out of time to combat climate change and prevent major damage. To limit the global temperature rise to 1.5°C, companies must reduce their greenhouse gas (GHG) emissions by at least 50% by 2030 and achieve net-zero emissions by mid-century.
Although the number of net-zero announcements is growing rapidly, the consistency, transparency, and scope of corporate commitments vary. For this reason, the Science-Based Targets (SBTi) initiative has developed and launched the first science-based framework for setting net-zero targets – the Net-Zero Standard. The standard provides companies with a guideline on calculating and defining a net-zero target that is verifiable, transparent, and state-of-the-art in environmental science.
Improve your ESG (Environmental, Social and Governmental) performance by setting a corporate net-zero target in accordance with the SBTi Net-Zero Standard. Partner with Sphera’s sustainability experts to increase the efficiency and accuracy of the target development process.