SBTi updates requirements for financial sector climate targets

Cecilia Keating
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Standards body said revisions to guidelines and criteria would enable financial institutions to set near-term emission reduction targets in line with a 1.5C scenario

The Science Based Targets initiative (SBTi) has today unveiled a raft of revisions and resources designed to help financial institutions set ambitious near-term emissions reduction targets, including the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Accounting

ISEP and CAA launch new carbon accounting qualification

ISEP and CAA launch new carbon accounting qualification

Course to focus on technical competencies needed to accurately measure and report greenhouse gas emissions

Stuart Stone
clock 13 April 2026 • 3 min read
Study: How the EU can use its carbon market to deliver carbon removal at scale

Study: How the EU can use its carbon market to deliver carbon removal at scale

Potsdam Institute for Climate Impact Research (PIK) study explores benefits of integrating carbon removal projects into the EU’s Emissions Trading System

clock 01 April 2026 • 5 min read
Carlsberg delays 2030 climate goal by two years following Britvic acquisition

Carlsberg delays 2030 climate goal by two years following Britvic acquisition

Brewing giant claims addition of UK soft drinks brands to its portfolio has increased value chain emissions by almost one million tonnes

Michael Holder
clock 06 March 2026 • 4 min read