Reporting under the SBTi
What is SBTi?
The Science-Based Targets Initiative (SBTi) uses climate science to articulate and promote the best practices in setting targets and in the reduction of greenhouse gas (GHG) emissions. It is a partnership of the CDP, the UN Global Compact, the World Resources Institute (WRI) and the World Wide Fund (WWF), and relies on science-based targets to promote the most effective and planet-friendly methods to reduce carbon and other GHG emissions.
The objective of the SBTI is to provide companies and organizations with a clear roadmap for effective climate action and carbon emissions reduction.
What are the different standards?
The first step involves registering online and submitting a letter in order to declare your organization’s commitment to setting a target. After this step is complete, your organization has 2 years to submit targets to the SBTi for review.
When your targets are approved, SBTi will publish it on their Companies Taking Action page, and you will be able to share the news with your organizations’ stakeholders. You are also required to disclose your annual GHG emissions and target progress.
How can EnergyElephant help?
EnergyElephant is a one-stop location for your company’s energy, water, waste/recycling and carbon emissions data, across Scope 1, Scope 2 and Scope 3.
Easily export structured data for inclusion in SBTi submissions.
For more information on how we can help Get in touch