Science Based Targets Network (SBTN) aims to enable organisations to set ambitious science-based targets to reduce greenhouse gas emissions, ultimately contributing to global climate goals. The organisation focuses on empowering businesses to align their emissions reduction strategies with the latest climate science, ensuring that their targets are meaningful and effective in combating climate change.
One of SBTN’s key goals is to provide a clear pathway for companies to establish targets that reflect the urgency of climate action. By developing frameworks and resources, SBTN facilitates the adoption of science-based target-setting practices across various sectors. This helps organisations not only meet regulatory requirements but also gain a competitive edge in the transition to a low-carbon economy.
SBTN operates through a collaborative model, bringing together a diverse range of stakeholders, including businesses, NGOs, and governments. This multi-stakeholder approach allows for the development of comprehensive guidelines and standards that are both practical and impactful. By engaging with various actors in the sustainability space, SBTN fosters a unified approach to emissions reduction and climate resilience.
The organisation offers valuable resources, including tools and databases that assist companies in assessing their current emissions and setting achievable targets. Their research focuses on critical areas such as corporate climate accountability, sectoral benchmarks, and best practices for target-setting. Additionally, SBTN provides training and support to organisations looking to integrate science-based targets into their sustainability strategies.
In relation to sustainable finance, SBTN plays a crucial role by guiding companies in making informed investment decisions aligned with their climate commitments. By equipping businesses with the necessary tools and knowledge, SBTN enhances their ability to attract sustainable financing and invest in initiatives that drive long-term environmental benefits.
Science Based Targets Network, or “SBTN”, is developing science-based targets for nature both for companies and cities, so they can comprehensively address their environmental impacts across biodiversity, land, freshwater and ocean, in addition to climate through the Science Based Targets initiative.
