Archive

Further 150 companies preparing to follow SBTN

The Science-based Targets Network (SBTN) has revealed that a further 150 companies plan to set targets for nature, with piloting companies also planning to publicly disclose their targets.

SBTi unveils framework to accelerate buildings sector's net zero alignment

SBTi consultation's 'mixed' findings leave it mulling role of carbon credits in new standard

Science Based Targets initiative (SBTi) has published four technical papers "as an early step" in the revision of its Corporate Net-Zero Standard but noted that "direct decarbonisation" of the value chain remains a priority as controversy surrounds the role played by carbon credits.

Palatine receives SBTi validation for emission reduction targets

SBTi regrets 'misinterpretation' over offsets statement

The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.

SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

Banks 'resisting SBTi fossil fuel phase-out goals'

Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.

GFANZ lamented for 'no clear signs it has achieved anything'

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.

SBTi calls for end to coal financing by 2030

Financial institutions should phase out financing for coal by 2030 and oil & gas by 2040, the Science-Based Targets initiative (SBTi) has said.

SBTi, CDP refute net-zero standards criticism

The methodology in a report criticising net-zero standard setters has been called into question by the Science-Based Targets initiative (SBTi) and CDP.