Tag: SBTi

• Factsheet – From guidelines to global impact: Guaranteeing consistent net zero claims

  The world is awash with claims that companies are ‘net zero’ aligned – but what does it really mean? Behind most corporate net zero claims are different standards and guidelines. Some of the most widely used are about to be updated—and we want them to be improved. Read our factsheet to find out how.

• Joint statement – 80+ civil society organisations reject the use of carbon offsets

  More than 80 leading civil society organisations, including ECOS, have issued a joint statement rejecting the use of carbon offsets to meet corporate climate targets. We call on accounting bodies like the Science-Based Targets Initiative (SBTi) and the Greenhouse Gas Protocol to continue excluding offsets and stick to scientifically-sound methodologies for tracking corporate climate efforts.

• New Science-Based Targets for steel will speed up decarbonisation, but more is needed

  The steel sector is the most carbon-intensive in the world, responsible for 7% of energy-related greenhouse gas (GHG) emissions. To decarbonise, individual companies need to commit to climate targets – and these need to be ambitious enough. The Science-Based Targets initiative (SBTi) recently updated its guidelines and targets for the steel sector, which now has a much stronger foundation for lowering emissions – but improvements must not stop there.

• Joint letter – Call for SBTI to align methodology with UN’s High Level Expert Group report on Net Zero Commitments

  The gold standard for climate targets, SBTi, falls short. It does not follow the latest science or UN recommendations on net zero. Together with 20+ NGOs, ECOS has urged SBTi to align with UN standards. Read the joint letter.