The exception is auto manufacturers, which also have scope 3 category 11 temperature alignment. Please note: Temperature alignment is only provided for most companies' scope 1 and 2 targets. Temperature alignment is identified in the dashboard with one of the following values: 1.5☌, well-below 2☌, and 2☌. Temperature alignment indicates the degree of global temperature increase compared to preindustrial levels companies are aligned with, based on their scope 1 and 2 targets, in line with the goals of the Paris Agreement. Long-term targets are developed by companies wishing to set net-zero targets under the Corporate Net-Zero Standard.
These targets must be achieved no later than 2050 (or 2040 for the power sector). Long-term targets indicate the degree of emission reductions organizations need to achieve net-zero according to the SBTi’s Corporate Net-Zero Standard criteria. Near-term targets are also a requirement for companies wishing to set net-zero targets. These targets galvanize the action required for significant emissions reductions to be achieved by 2030. Near-term targets outline how organizations will reduce their emissions, usually over the next 5-10 years. From March 2nd 2023, organizations that fail to submit targets within 24 months of their commitment will be identified in the dashboard as ‘Commitment removed’. These organizations do not yet have validated science-based targets. They are indicated by the word ‘committed’ in the dashboard. Organizations with targets are identified with temperature alignments and dates in the dashboard’s ‘Target’ columns.Ĭommitments demonstrate an organization’s intention to develop targets and submit these for validation within 24 months. Details of an organization’s target can be viewed by expanding the rows below, or downloading the data file. Targets are clearly-defined, science-based pathways for companies and financial institutions to reduce greenhouse gas (GHG) emissions, which have been reviewed and validated by the SBTi. The dashboard and data download will be updated on April 28th 2023 - find out more about the updates here. xlsx data file is also available to download. Updated every Thursday, the dashboard includes high-level information about each organization’s targets or commitments. The SBTi’s target dashboard shows companies and financial institutions that have set science-based targets, or have committed to developing targets.
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