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SBTI

SBTi chief expresses 'deep regret' at corporate carbon offset row

Climate change

SBTi chief expresses 'deep regret' at corporate carbon offset row

Climate standards-setting body confirms it is pressing ahead with plans to consult on potential changes that could see companies expand the use of carbon credits to tackle value chain emissions

clock 22 April 2024 • 6 min read
How SBTi's shift on Scope 3 rules will affect carbon markets

Offsets

How SBTi's shift on Scope 3 rules will affect carbon markets

The Science Based Targets Initiative's controversial proposals to allow for the wider use of carbon credits could result in four possible outcomes

clock 19 April 2024 • 5 min read
'Unambiguous and robust': IETA publishes new guidelines on corporate use of carbon credits

Offsets

'Unambiguous and robust': IETA publishes new guidelines on corporate use of carbon credits

Guidelines aim to address growing concerns over the potential for carbon offsets to distract from the need to cut emissions at source

clock 16 April 2024 • 6 min read
SBTi: Board accused of 'damaging trust' as row over role of carbon offsets escalates

Offsets

SBTi: Board accused of 'damaging trust' as row over role of carbon offsets escalates

'Overwhelming majority' of SBTi staff accuse board of trustees of 'undermining our Standard Operating Procedures and governance processes'

clock 12 April 2024 • 7 min read
Reports: SBTi faces internal revolt over plans to relax rules on use of carbon offsets

Offsets

Reports: SBTi faces internal revolt over plans to relax rules on use of carbon offsets

Reuters reports staff at the influential non-profit are calling for the CEO's resignation after controversial move to consult on changes to net zero standard

clock 11 April 2024 • 6 min read
Could carbon offsets play a major role in tackling supply chain emissions after all?

Offsets

Could carbon offsets play a major role in tackling supply chain emissions after all?

Science Based Targets initiative announces it will consult on changes to net zero standard that would allow for greater use of carbon offsets to tackle Scope 3 emissions

clock 10 April 2024 • 7 min read
Sainsbury's accelerated emissions targets validated by SBTi

Management

Sainsbury's accelerated emissions targets validated by SBTi

Supermarket has updated targets to cut Scope 1 and 2 emissions by 68 per cent and more than halve Scope 3 emissions by 2030

clock 19 March 2024 • 4 min read
'Commitment removed': Have over 200 businesses really dropped their net zero pledges?

Management

'Commitment removed': Have over 200 businesses really dropped their net zero pledges?

The Science Based Targets initiative recently removed more than 200 companies' short-term or net zero climate commitments from its list - but where does that leave affected firms?

clock 14 March 2024 • 8 min read
New SBTi reports aim to extend corporate climate action beyond value chains

Carbon Accounting

New SBTi reports aim to extend corporate climate action beyond value chains

Science Based Targets initiative moves to support the design and deployment of 'beyond value chain' mitigation measures

clock 28 February 2024 • 4 min read
Science Based Targets Initiative awarded charitable status, eyes further expansion

Management

Science Based Targets Initiative awarded charitable status, eyes further expansion

Organisation confirms number of companies setting science based emissions targets more than doubled last year to over 4,200

clock 30 January 2024 • 3 min read
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