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SBTi shifts strategy, from target setting to implementation

The Science-based Targets initiative (SBTi) is planning to move away from helping companies set targets - to helping them implement them, its 2026-2030 strategy document has revealed.

'Net zero as the north star': SBTi publishes second draft of revised corporate standard

A second draft of the Science-Based Targets initiative's (SBTi) revised corporate net-zero standard will aim to make net-zero target-setting "easier to understand, apply and scale across sectors and regions".

Fossil-fuel financing in crosshairs with SBTi's first finance standard

The Science-Based Targets initiative (SBTi) has launched a net-zero standard for financial institutions that includes a requirement on ending fossil fuel financing.

SBTi unveils framework to accelerate buildings sector's net zero alignment

SBTi consultation's 'mixed' findings leave it mulling role of carbon credits in new standard

Science Based Targets initiative (SBTi) has published four technical papers "as an early step" in the revision of its Corporate Net-Zero Standard but noted that "direct decarbonisation" of the value chain remains a priority as controversy surrounds the role played by carbon credits.

Palatine receives SBTi validation for emission reduction targets

SBTi regrets 'misinterpretation' over offsets statement

The Science-Based Targets Initiative (SBTi) has sought to take the heat out of the furore surrounding its change of stance towards offsets, arguing its announcement was misinterpreted.

SBTi board faces resignations and staff ire after change to carbon credit stance

The Science-Based Targets initiative (SBTi) Board of Trustees has come under fire for changing its stance on corporate use of carbon credits for Scope-3 emissions reduction targets, which has been described as a "major departure" from existing policy.

Banks 'resisting SBTi fossil fuel phase-out goals'

Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.

GFANZ lamented for 'no clear signs it has achieved anything'

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.