SBTI-TARGETS

Science-aligned GHG reduction target validation.

Definition

SBTi target categories: Near-term targets (5-10 years), Long-term targets (towards 2050), Net-Zero targets. Specific standards: Corporate Net-Zero Standard (published 2021), Financial Institutions Net-Zero Standard (published 2024), Aviation Sector Guidance, Buildings Sector Guidance, Forest Land and Agriculture (FLAG) Guidance, Power Sector Guidance, etc. Validation process: Application + Validation + Public Disclosure. SBTi Net-Zero standard requires deep decarbonization 90-95% emissions reduction + residual offset via certified carbon removals.

Origin

SBTi created September 2015 at New York Climate Week by CDP, UNGC, WRI, WWF ; first framework 2017 ; Corporate Net-Zero Standard published October 2021 ; ~4500 validated companies 2024.

Example in context

Schneider Electric has SBTi-validated target: Scope 1+2 reduction 100% 2030, Scope 3 reduction 25% 2030, Net-Zero 2050 (1.5C-aligned pathway). Annual progress reporting vs 2019 baseline.

Related terms

• PCAF — financial methodology.