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We encourage companies from all sectors and of all company sizes to join the movement and commit to setting a science-based target. Please see specific FAQs related to the Business Ambition for 1.5☌ campaign here. To fulfill the commitment, companies can either set 1.5☌-aligned targets across scope 1, 2, and 3 emissions, or set targets in line with current SBTi criteria and commit to set a net-zero target according to SBTi forthcoming criteria. There are two options companies can choose from when committing to Business Ambition for 1.5☌. By doing so, they will be recognized on the SBTi and UN Global Compact websites as having committed to the most ambitious science-based targets.Ĭommitting to the Business Ambition for 1.5☌ campaign is the highest ambition commitment offered through the SBTi, and we encourage all companies to choose this commitment level when committing to the SBTi. The Business Ambition for 1.5☌ campaign is an urgent call-to-action campaign led by the SBTi, UN Global Compact and the We Mean Business Coalition calling for companies to set emissions reduction targets in line with limiting global warming to 1.5C.Ĭompanies can commit to Business Ambition for 1.5☌ by signing the commitment letter in step 1 of the target-setting process. By supporting companies to achieve the low carbon transition and monitoring their climate action, ACT helps them implement that direction, and enhance the credibility of their climate commitments. By supporting companies in the process of setting science-based targets, the SBTi helps them define a clear sense of direction to be in line with a decarbonization pathway. Therefore, companies that commit to the Business Ambition for 1.5☌ campaign are automatically recognized as part of the Race to Zero campaign as well. Business Ambition for 1.5☌ is a partner in the Race to Zero campaign. The SBTi leads the Business Ambition for 1.5☌ campaign, calling for business leaders to set emissions reduction targets in line with a 1.5☌ future. Setting science-based targets via the SBTi is also one of the We Mean Business Coalition commitments.Ĭompanies that commit to the SBTi automatically count towards the We Mean Business campaign (though they may opt out if they choose). The Science Based Targets initiative (SBTi) is a partnership between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UN Global Compact). Our vision is for science-based target setting to become the new normal, creating a thriving economy in harmony with the natural world that sustains us all. Widespread and ambitious science-based target setting gives governments the clarity and confidence to take bolder action.
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We know that governments and business must act together.
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The Science Based Targets initiative (SBTi) mobilizes the private sector to take urgent climate action.īy guiding companies in science-based target setting, we enable them to tackle global warming while seizing the benefits and boosting their competitiveness in the transition to a zero-carbon economy.