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Ditch 1.5°C focus given likely overshoot, NBIM tells SBTi
15 December 2025Likely "overshoot" of an aim to keep warming within 1.5°C should mean the widely used Science-Based Targets initiative (SBTi) abandons its focus on the alignment target in favour of a less ambitious one, according to Norges Bank Investment Management (NBIM).
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Corporates looking for 'SBTi Plus' approach to transition plan assessment
20 August 2025SBTi assessments are widely used, but corporates are looking to provide extra layers of credibility. Ahren Lester reports
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SBTi calls for corporates to test its overhauled standards
20 June 2025 -
People Moves, 10 January: SBTi, S&P, Impax, Natixis, HSBC, Morningstar Sustainalytics ... and more
10 January 2025 -
SBTi appoints EY's David Kennedy as new CEO
08 January 2025The Science Based Targets initiative (SBTi) has appointed David Kennedy as its new chief executive, to lead the organisation and its target validation subsidiary.
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Financial institutions begin piloting dedicated SBTi standard
22 August 2024A group of 40 financial institutions has started piloting a dedicated standard for setting Science Based Targets, using a draft published by the initiative last month.
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SBTi consults on draft net zero standard for financial institutions
26 July 2024 -
SBTi CEO steps down
02 July 2024Luiz Amaral has stepped down as chief executive of The Science Based Targets initiative (SBTi).
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TransitionArc launched to 'supercharge' transition plan analysis
27 June 2024CDP, Transition Pathway Initiative (TPI) and the Science Based Targets initiative (SBTi) have collaborated with Climate Arc to launch a "one-stop tool to assess corporate transitions" that a senior executive said would "supercharge" such analysis.
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SBTi updates criteria to enable 'ambitious' near-term targets
29 May 2024The Science Based Targets initiative (SBTi) has released criteria updates and resources for financial institutions to set "ambitious" near-term emission-reduction targets to keep warming to 1.5°C as well as the introduction of fossil fuel finance criteria.