The Science Based Targets initiative has updated its key resources for financial institutions and companies

The Science Based Targets initiative (SBTi) has updated eight of its key resources that enable companies and financial institutions to set and commit to setting science-based emission reduction targets. The updates were made to increase accessibility and transparency through explanations and simplifications.Updates have been made to the following resources: Commitment letter, Getting Started Guide, SBTi Corporate Net-Zero Standard and SBTi Corporate Net-Zero Standard Criteria, SBTi Criteria for Near-term Targets, SBTi Corporate Manual, Target Validation Protocol and Target Validation pricing.The update also includes changes to terminology.

A comprehensive list of the updates and links to the documents is provided in this table.

aboutThe SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi call to action is one of the We Mean Business Coalition commitments. Read more about SBTi. All opinions expressed are those of the author and/or quoted sources. investESG.eu is an independent and neutral platform dedicated to generating debate around ESG investing topics.