BBC provides tailored solutions to help businesses navigate the complexities of the Science Based Targets (SBTs). Our comprehensive consulting, monitoring, and decarbonisation solutions assist organisations in setting science-based targets, ensuring compliance with sustainability standards, mitigating climate risks, and enhancing their environmental reputation.
As global efforts to combat climate change intensify, the SBTi framework enables companies to align their emission reduction targets with the latest climate science, aiming to limit global warming to well below 2°C, preferably to 1.5°C. By implementing science-based targets, organisations demonstrate a commitment to sustainability and responsible business practices.
What is the Science Based Target Initiative (SBTi)?
The Science Based Target Initiative (SBTi) is a global body that enables companies to set ambitious greenhouse gas (GHG) emissions reduction targets in line with climate science. By establishing a clear pathway to achieving these targets, the SBTi encourages businesses to take measurable steps toward reducing their carbon footprint. The SBTi sets out rigorous criteria for target-setting, ensuring that corporate commitments are both credible and impactful.
Key components of the SBTi include:
- Target Development: Companies set specific, measurable, and time-bound targets to reduce GHG emissions.
- Guidance and Support: The SBTi provides methodologies, resources, and tools to help organisations develop and implement science-based targets.
- Validation: Targets submitted to the SBTi undergo a rigorous validation process to ensure they meet the initiative’s criteria.
- Reporting and Transparency: Companies are encouraged to disclose their progress toward achieving their targets, enhancing accountability and transparency.
How BBC Helps Your Science Based Targets (SBTs)?
BBC offers a comprehensive framework to help businesses navigate the complexities of SBTi compliance. Our services include helping you establish a solid emissions baseline, create comprehensive science based targets (SBTs), and transform your targets into tangible actions.
Step 1: Clarity
Begin with a comprehensive emissions assessment by quantifying Scope 1 and Scope 2 emissions, then evaluate Scope 3 emissions within your value chain to identify improvement area and establish a solid emissions foundation. Key activities include:
- Calculate the corporate carbon footprint
- Identify areas with high emissions and assess reduction opportunities
- Leverage data to inform strategies for advancing science-based reduction goals
Step 2: Setting Targets
After establishing your emissions baseline, the next step is to create comprehensive SBTs. Our experts will work alongside you, offering guidance and support throughout the target-setting process. Key activities include:
- Define near-term science-based targets for Scope 1, 2, and 3 emissions
- Set a long-term net-zero target aligned with the SBTi’s Corporate Net-Zero Standard
- Select the appropriate net-zero pathway for your organisation
- Prepare for SBTi validation submission
Step 3: Implementing
Achieving net-zero emissions requires actionable steps. Our unique, comprehensive monitoring and decarbonisation solutions are tailored to meet your specific needs, enabling you to convert targets into measurable actions and tangible outcomes. Key activities include:
- Implementing selected decarbonisation solutions
- Continuously monitoring GHG emissions
