The Science Based Targets initiative (SBTi) helps companies set greenhouse gas (GHG) emission reduction targets in line with the Paris Agreement’s 1.5°C goal, the EU Green Deal, and the global net-zero by 2050 pathway. SBTi is the leading science-based framework for corporate climate action, with over 11,500 companies worldwide already committed.
What is SBTi?
The Science Based Targets initiative (SBTi) helps companies set greenhouse gas (GHG) emission reduction targets in line with the Paris Agreement’s 1.5°C goal, the EU Green Deal, and the global net-zero by 2050 pathway. SBTi is the leading science-based framework for corporate climate action, with over 11,500 companies worldwide already committed.
Why join SBTi?
Who is SBTi for?
Large companies
CSRD reporting requires a climate transition plan based on GHG Protocol emissions accounting. SBTi provides a transparent and credible framework to set near-term and net-zero targets, report progress, and demonstrate resilience to customers and investors. It also helps identify cost savings and strengthen management of transition risks.
SMEs and suppliers
Measuring emissions and setting reduction targets is becoming a condition for participating in large companies’ value chains. OP’s 2024 survey found that nearly 50% of large companies had already changed suppliers due to sustainability requirements, and over 80% expected to tighten value chain criteria further. Joining SBTi offers SMEs and suppliers more stable contracts and a competitive advantage. SMEs benefit from a simplified validation route that meets customer expectations without a resource-intensive process.
Financial institutions
SBTi’s Net-Zero Standard (FINZ Standard) is designed for banks, asset managers, and insurers. Over 150 financial institutions worldwide have already joined. The FINZ Standard influences portfolio alignment and lending decisions, requiring participating institutions to consider clients’ climate targets when providing finance and managing assets.
How Sustashift supports your SBTi journey
