Standards & FrameworksSenior Science Based Targets initiative officials who attended COP29 in Baku in November 2024 reported strong private-sector urgency but said financial institution climate commitments remain below the…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative announced in November 2024 that it is revising its Corporate Net-Zero Standard with a target to release Version 2 in early 2026. More than 1,200 companies have val…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative published a comprehensive jargon guide in October 2024 to clarify common but inconsistently used terms in the corporate net-zero space, including abatement, beyond…
11 Jun 2026
Standards & FrameworksSBTi Interim CEO reflected after Climate Week NYC in October 2024 that private-sector stakeholders increasingly recognise climate risks to business operations, with scope 3 value chain emissions cited…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative called in September 2024 for finance sector practitioners, academics and civil society experts to submit feedback on the draft Financial Institutions Net-Zero Stan…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released four technical outputs on 30 July 2024 to inform the ongoing revision of its Corporate Net-Zero Standard, covering scope 3 approaches and the effectivenes…
11 Jun 2026
Standards & FrameworksSwiss Steel Holding and thyssenkrupp Steel Europe AG became the first steel companies in the world to set 1.5 degrees Celsius-aligned science-based targets using the Science Based Targets initiative's…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative called for sustained corporate decarbonisation momentum following a year in which 2023 was confirmed as the hottest on record by a clear margin, according to the W…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative issued a call in May 2024 for technical experts from industry, finance, academia and civil society to join Expert Advisory Groups for new Automotive and Power Sect…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative published its final evaluation of the Business Ambition for 1.5 degrees Celsius campaign on 7 March 2024, finding that 84 percent of participating companies set a …
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released three new and updated target validation resources in December 2023, including a consolidated validation procedure, expanded criteria assessment indicators…
11 Jun 2026
Standards & FrameworksThe 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 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative is updating its near-term framework for financial institutions and introducing a new Financial Institutions Net-Zero Standard, with draft documents set for public …
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative is overhauling its publicly accessible company target dashboard to address usability shortcomings identified by regular users, including the absence of machine-rea…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative has released Corporate Net-Zero Standard Version 2.0, its most comprehensive corporate climate framework to date, designed to embed science-based targets into core…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative has updated the Absolute Contraction Approach, the primary methodology companies use to calculate near-term emissions reduction targets under the Corporate Net-Zer…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative's Trend Tracker 2025 report shows that the number of companies with validated science-based targets grew by 40% during 2025, with 9,764 companies holding validated…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative has published Version 1.2 of its Forest, Land and Agriculture Science-Based Target-Setting Guidance, effective immediately, introducing updated no-deforestation re…
11 Jun 2026