ESG News

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  1. Standards & Frameworks

    SBTi Halves Validation Wait Times with New Submission and Assessment Tools

    The Science Based Targets initiative released three new and updated target validation resources in December 2023, including a consolidated validation procedure, expanded criteria assessment indicators…

  2. Standards & Frameworks

    SBTi Finds Indian Companies Shifting From Climate Ambition to Implementation

    The Science Based Targets initiative reports that Indian corporate leaders are increasingly focused on how to implement credible climate transition plans rather than debating whether to act, following…

  3. Standards & Frameworks

    SBTi Updates Forest and Land Agriculture Guidance After GHG Protocol Standard Release

    The Science Based Targets initiative has published Version 1.2 of its Forest, Land and Agriculture Target-Setting Guidance, introducing updated implementation timelines and revised no-deforestation re…

  4. Standards & Frameworks

    SBTi Publishes New Guides to Help Financial Institutions Set Net-Zero Targets

    The Science Based Targets initiative has released two new resources — a Financial Institutions Getting Started Guide and an Insurance Underwriting Explanatory Note — to help banks, insurers, asset man…

  5. Standards & Frameworks

    SBTi Launches 2026–2030 Strategy Focused on Corporate Climate Implementation

    The Science Based Targets initiative has unveiled its 2026–2030 strategic plan, marking a shift from facilitating target-setting to actively supporting companies in implementing their net-zero commitm…

  6. Standards & Frameworks

    SBTi Opens Corporate Net-Zero Standard V2.0 for Target Validation from February 2027

    The Science Based Targets initiative has published the Corporate Net-Zero Standard Version 2.0, with target validation under the new framework opening on February 1, 2027. More than 11,000 companies h…

  7. Standards & Frameworks

    SBTi CEO Reaffirms Standard Governance After Scope 3 Media Controversy

    The Science Based Targets initiative CEO issued a public statement in April 2024 reaffirming that the organisation's standards had not changed and that any revision to how environmental attribute cert…

  8. Standards & Frameworks

    SBTi Services Appoints Three Non-Executive Directors to Strengthen Governance

    SBTi Services Limited, the wholly owned target validation subsidiary of the Science Based Targets initiative, appointed three experienced non-executive directors to its board effective 17 February 202…

  9. Standards & Frameworks

    SBTi Establishes Five Expert Working Groups for Corporate Net-Zero Standard Revision

    The Science Based Targets initiative announced in February 2025 that it will establish Expert Working Groups across five key topics to gather additional stakeholder feedback on the revision of its Cor…

  10. Standards & Frameworks

    SBTi Updates FLAG Guidance to Strengthen Land Emissions Targets

    The Science Based Targets initiative has released Version 1.1 of its Forest, Land and Agriculture Guidance, introducing mandatory requirements for separate scope 1 and scope 3 land-related emissions t…

  11. Standards & Frameworks

    SBTi Partners with CAFA to Embed Science-Based Targets in Trade Associations

    The Science Based Targets initiative and Climate Action for Associations have announced a partnership to advance science-based target adoption through the global trade association sector. The collabor…

  12. Standards & Frameworks

    SBTi Appoints Climate Economist David Kennedy as Incoming Chief Executive

    The Science Based Targets initiative named David Kennedy as its new CEO in January 2025, following an extensive global recruitment process. Kennedy, previously a partner at EY and founding Chief Execu…

  13. Standards & Frameworks

    SBTi Releases Updated Transport Guidance Enabling Automakers to Set 1.5C Targets

    The Science Based Targets initiative released updated Land Transport Guidance that for the first time gives automakers a pathway to align Scope 3 use-phase vehicle emissions with a 1.5C trajectory. Au…

  14. Standards & Frameworks

    SBTi 2022 Report Records Surge in Corporate Science-Based Target Adoption

    The Science Based Targets initiative's 2022 Monitoring Report found that more companies and financial institutions set science-based targets that year than in the previous seven years combined. The re…

  15. Standards & Frameworks

    SBTi Seeks Experts to Develop Oil and Gas Emissions Standard

    The Science Based Targets initiative has opened a call for experts to join a new advisory group that will inform the development of a science-based target-setting standard specifically for the oil and…

  16. Standards & Frameworks

    SBTi Updates Development Plans for Oil and Gas, Chemicals, and Power Standards

    The Science Based Targets initiative published updated Terms of Reference in December 2024 for three high-impact sector standard projects: oil and gas, chemicals, and power. The updates set out revise…

  17. Standards & Frameworks

    SBTi Validates Net-Zero Targets for 500 Companies Globally

    The Science Based Targets initiative has validated science-based net-zero targets for more than 500 companies, two years after launching its Corporate Net-Zero Standard in October 2021. As of November…

  18. Standards & Frameworks

    SBTi Research Identifies Critical Gaps in Corporate Climate Target Verification

    The Science Based Targets initiative has published a research paper examining current practices and challenges in measuring, reporting and verifying progress against corporate science-based targets. T…

  19. Standards & Frameworks

    SBTi Invites Chemicals Companies to Pilot Sector Target-Setting Criteria

    The Science Based Targets initiative opened applications for chemicals companies to participate in pilot testing of its Chemicals Sector Target-Setting Criteria and Tool in December 2024, with a submi…

  20. Standards & Frameworks

    SBTi Extends Finance Sector Consultation Deadline to August 2023

    The Science Based Targets initiative has extended the deadline for its public consultation on new and updated resources for financial institutions to 23 August 2023, following multiple stakeholder req…

  21. Standards & Frameworks

    SBTi Opens Second Consultation on Chemicals Sector Net-Zero Criteria

    The Science Based Targets initiative launched a second public consultation on its revised Chemicals Sector Criteria Draft on 12 November 2024, with the feedback window running until 10 January 2025. T…

  22. Standards & Frameworks

    SBTi Consults on Automotive Net-Zero Standard Covering 20 Percent of Global Emissions

    The Science Based Targets initiative launched a public consultation on its draft Automotive Sector Net-Zero Standard on 12 June 2025, with the feedback window running until 11 August 2025. The standar…

  23. Standards & Frameworks

    SBTi Revises FLAG Target Timelines Linked to GHG Protocol Land Guidance

    The Science Based Targets initiative has updated the implementation timelines for its Forest, Land and Agriculture target-setting framework, following the announcement by the GHG Protocol that its Lan…

  24. Climate & Nature

    SBTi Publishes Guidance to Drive Decarbonisation Across Supply Chains

    The Science Based Targets initiative has released a new guide to help companies develop and achieve scope 3 supplier engagement targets, addressing what is typically the largest source of corporate em…

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