SBTi Support
Science-Based Targets Initiative
The Science-Based Targets Initiative (SBTi) provides companies with a clearly defined pathway to reduce greenhouse gas emissions in line with climate science and the Paris Agreement. Setting science-based targets ensures that businesses are contributing to limiting global warming to well below 2°C or 1.5°C. SBTi frameworks are designed for both SMEs and Non-SMEs, tailoring approaches based on company size and sector.
SBTi targets are recognized as a gold standard for climate action and are increasingly being adopted by leading organizations worldwide. By committing to these science-based targets, businesses not only help mitigate the effects of climate change but also enhance their credibility with investors, customers, and stakeholders who prioritize sustainability.
In addition to setting targets, the SBTi provides a comprehensive roadmap for achieving them, which includes reducing emissions, engaging stakeholders, and reporting progress transparently. It also enables companies to demonstrate leadership in sustainability, creating long-term value through innovation, cost reduction, and resilience in the face of regulatory changes.
ESGwithSK offers expert guidance to help your organization set and achieve science-based targets in line with the SBTi framework. Our team works closely with you to assess your current emissions, develop a tailored strategy, and implement practical measures to reduce your carbon footprint. By partnering with ESGwithSK, your company will be equipped to meet global climate goals, improve your environmental performance, and showcase your commitment to responsible, science-backed climate action.
Key Benefits of SBTi
Global Recognition
Demonstrates leadership in climate action and enhances reputation
Investor Confidence
Attracts ESG-conscious investors by aligning business goals with sustainability.
Operational Resilience:
Builds resilience against regulatory and market shifts related to climate policies.
Market Competitiveness
Positions businesses as climate leaders, meeting customer and stakeholder expectations.
Future-Proofing
Aligns business strategies with long-term sustainability goals
How ESGwithSK Can Help You Achieve SBTi Targets
ESGwithSK offers tailored support to organizations embarking on the SBTi journey:
1
Target Setting
Assisting with the development of science-based targets aligned with SBTi criteria.
2
Data Analysis
Providing tools to assess current emissions and calculate reductions needed to meet targets.
3
Sector-Specific Guidance
Offering customized strategies for both SMEs and large enterprises.
4
Documentation & Submission
Ensuring accurate documentation and successful target submission to the SBTi.
5
Ongoing Monitoring
Providing regular updates and reports to track progress toward targets
FAQ's
What is the difference between SBTi for SMEs and non-SMEs?
SBTi for SMEs offers a streamlined process, with predefined target options, while non-SMEs follow a more detailed and customized approach
Are SBTi targets legally binding?
No, SBTi targets are voluntary but widely regarded as a benchmark for credible climate action.
How does SBTi support net-zero commitments?
SBTi helps organizations set interim targets that align with long-term net-zero goals.
Partner with ESGwithSK to align your business with global climate objectives, setting ambitious yet achievable science-based targets.
Achieve your SBTi targets and drive impactful climate action.
Contact us today to get started!
