Econsense: New Paper Explains the Methodology Behind Science-Based Targets

Race to Net Zero
 
 

Five years after its adoption, the Paris agreement continues to drive climate action around the globe. The decarbonization of companies remains one of the most powerful levers in the transition to a net-zero economy. In this context, companies nowadays cannot get around science-based targets (SBTs). But what does “science-based” mean and how can companies develop science-based targets?

Econsense is addressing all these questions in the newly published paper “Accelerating the Race to Net Zero – How Companies Set, Implement, and Benefit from Science-Based Targets”. The document:

  • Explains the science and methodology behind SBTs, their interconnection with net-zero pledges.

  • Highlights the benefits companies with SBTs can expect as well as the limitations of this approach.

  • Emphasizes the importance of supporting governance instruments by showcasing examples from econsense member companies, incl. climate KPIs, carbon pricing, and compensation schemes.

The paper will be discussed at the public, digital event on June 1, 2021, from 10:00 to 11:30 a.m. Register here.

 

For more information:

 
 

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NATIONAL PARTNER ORGANIZATIONSDaria DelnevoEconsense