SBTi issues clarification on carbon offsetting

The Board of the Science-Based Targets initiative (SBTi) has issued a “clarification” after a surprise announcement on carbon offsetting, which appeared to breach the body’s own decision-making procedures. This clarification highlights that no change had been made to SBTi frameworks and that proper procedures will be followed to establish any inclusion of environmental attribute certificates

Maersk becomes first to have climate targets validated by SBTi

A.P. Moller – Maersk´s (Maersk) greenhouse gas emissions targets have been validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris Agreement. This marks an industry first under SBTi’s new Maritime Guidance. While Maersk continues to aim for Net-Zero* greenhouse gas (GHG) emissions for the entire

Tesco reveals netzero targets

Tesco has revealed a set of netzero targets, approved by the Science Based Targets Initiative (SBTi), in a bid to achieve carbon neutrality within its operations by 2035 and across its value chain by 2050. Tesco was one of the first businesses to set approved 1.5C science-based targets. The targets encompass interim aims to cut

Medtronic joins SBTi to become carbon neutral

Medtronic is joining 4,600+ organizations worldwide that are leading the challenge to become carbon neutral by setting ambitious emissions reduction targets grounded in climate science through the Science Based Targets initiative (SBTi). The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wildlife Fund for Nature

Lenovo to become NetZero by 2050

Lenovo announced its goal to reach netzero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi), a partnership between the UN Global Compact, CDP and World Wide Fund for Nature – making it the first PC and smartphone maker and one of only 139 companies in the world

Kearney gets nod from SBTi for its net-zero targets

Kearney announced it is the first management consulting firm to have its near- and long-term emissions targets approved by the Science Based Targets initiative (SBTi). A collaboration between the UN Compact, WWF, and other NGOs, the SBTi commits its more than 2,000 corporate signatories to set, measure, and report science-based reduction targets in line with

Accenture Acquires Carbon Intelligence for Sustainable Impact

Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategy consultancy, adding more than 160 professionals to its rapidly growing group of data scientists, consultants and sustainability experts. Carbon Intelligence is focused on helping global businesses understand their overall carbon footprints, and ways to reduce them, using Science Based Targets Initiative (SBTi) strategies

Telefónica obtains SBTi validation

Telefónica is the first telecommunications operator in the world to obtain the validation of the Science Based Targets Initiative (SBTi). The company confirms that its decarbonization route is in line with science. Telefónica is committed to achieving net zero greenhouse gas (GHG) emissions across the entire value chain by 2040, which represents an effective reduction