The Science Based Targets Initiative (SBTi ) is a joint initiative between CDP, WRI, the United Nations Global Compact, and WWF that enables companies to set science-based emission reduction targets.
SBTi shows companies and financial institutions how much and how fast they need to reduce their greenhouse gas emissions (GHG) to avoid the worst impacts of climate change.
Identifies and promotes best practices in emission reduction and net zero targets in line with climate science. Co-campaigns for climate action with UN agencies, business and industry leaders mobilising companies to set net zero science-based targets aligned with 1.5°C. Provides target-setting methods and guidance to companies to set science-based targets in line with the latest climate science.
SBTi mobilises the private sector to lead urgent climate action. It shows companies and financial institutions how much and how fast they need to cut greenhouse gas emissions to avoid the worst impacts of climate change, guiding them on a clear path to decarbonisation. It provides clarity and guidance on these journeys, including in the forest, land and agriculture and financial sectors. It launched the world’s first Corporate Net-Zero Standard to ensure that companies’ net-zero targets translate into consistent action by 2050 at the latest.
More than a thousand leading businesses and financial institutions are setting emission reduction targets in line with the latest climate science. The companies analysed collectively reduced their annual emissions by 25% between 2015 and 2019. Today’s momentum shows that, if supported, it is possible to fully decarbonise the economy by 2050 or earlier.