Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksSBTi Services Limited launched its dedicated website and Validation Portal in October 2024, streamlining the science-based target submission and validation process for companies globally. The launch f…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative published an updated Terms of Reference for the revision of its Corporate Net-Zero Standard in September 2024, including plans to refine its approach to neutralisa…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released four technical publications in July 2024 as an early step in revising the Corporate Net-Zero Standard, including a Scope 3 Discussion Paper and a synthesi…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative invited financial institutions worldwide to apply to pilot test its forthcoming Financial Institutions Net-Zero Standard in July 2024, with applications due by 9 A…
11 Jun 2026
Standards & FrameworksDr Luiz Amaral announced his resignation as CEO of the Science Based Targets initiative in July 2024 for personal reasons, with Susan Jenny Ehr stepping in as interim CEO. Dr Amaral's tenure saw the n…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released its Buildings Sector Science-Based Target-Setting Criteria in August 2024, requiring companies and financial institutions to commit to no new fossil fuel …
11 Jun 2026
Standards & FrameworksThe total number of companies with science-based targets increased 102 percent in 2023 compared to all prior years, driven largely by exceptional growth in Asia, according to the SBTi Monitoring Repor…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative has reached 5,500 companies and financial institutions with validated science-based targets globally. The milestone coincides with the appointment of a five-member…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative publicly rebutted a Bloomberg article alleging irregularities in its approach to Scope 3 emissions and the Corporate Net-Zero Standard revision. SBTi CEO Luiz Amar…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative opened a public consultation and expert advisory call to develop sector-specific GHG reduction guidance for the chemicals industry. The consultation ran from 15 Ma…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released the Terms of Reference for the major revision of its Corporate Net-Zero Standard, setting out objectives, scope, timeline and stakeholder engagement oppor…
11 Jun 2026
Standards & FrameworksThe 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…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative launched an open call for five independent Validation Council members to oversee science-based target validation as it separates its standard-setting and validatio…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released two reports — Above and Beyond and Raising the Bar — to support companies in designing and implementing beyond value chain mitigation strategies. The repo…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative validated 4,204 companies and financial institutions by the end of 2023, doubling the prior year's count, while simultaneously securing UK charitable status and un…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released an Insurance Underwriting Industry Brief outlining approaches and methods for insurance companies to set science-based targets covering their underwriting…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative launched a call to action at COP28, asking companies to drive a chain reaction of climate action by committing suppliers to set their own science-based targets. Su…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative opened a call for financial institutions to pilot its updated Draft Near-Term Criteria and Recommendations for Financial Institutions Version 2.0. Applications wer…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative launched a 30-day public consultation on a draft interim 1.5C target-setting pathway for automakers, open until 10 November 2023. The pathway addresses Scope 3 Cat…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative opened a nine-week Call for Evidence on the effectiveness of Environmental Attribute Certificates in corporate climate targets, running from 21 September to 24 Nov…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative released the world's first science-based decarbonisation framework for iron and steelmakers, requiring direct emissions to fall by more than 91% by 2050 relative t…
11 Jun 2026
Standards & FrameworksThe Science Based Targets initiative validated 1,097 new companies in 2022, an 87% increase on 2021, with Japan leading by country and China recording 194% growth. Companies with science-based targets…
11 Jun 2026