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Science-Based Targets Initiative

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
'Offsetting cannot be a substitute for reducing emissions': WWF wades into row over proposed changes to SBTi standards

Supply chain

'Offsetting cannot be a substitute for reducing emissions': WWF wades into row over proposed changes to SBTi standards

Internal battle at Science Based Targets Initiative rumbles on, as influential non-profit faces backlash over plans to allow wider use of carbon offsets to tackle corporate supply chain emissions

clock 15 April 2024 • 8 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
Are leading corporates still relying too heavily on carbon credits to meet 2030 climate goals?

Carbon Accounting

Are leading corporates still relying too heavily on carbon credits to meet 2030 climate goals?

Study claims vast majority of 2030 climate targets set by 51 major global companies fall far short of what is needed to cap global warming at 1.5C

clock 09 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
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
CDP: $33bn-worth of investors and corporates join push for high-emitting firms to set science based targets

Carbon Accounting

CDP: $33bn-worth of investors and corporates join push for high-emitting firms to set science based targets

Around 2,100 high-emitting companies, including FedEX, Eskom, Nippon Steel Corp, Rio Tinto, and JD.com are being targeted by CDP's campaign to set science-aligned climate goals

clock 02 November 2023 • 3 min read
'Ripple effect': Sodexo to ditch suppliers failing to make 'tangible' climate progress by 2030

Supplier

'Ripple effect': Sodexo to ditch suppliers failing to make 'tangible' climate progress by 2030

UK & Ireland wing of the food services giant launches new supply chain climate engagement programme in support of its 2040 net zero target

clock 19 October 2023 • 4 min read
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