Publication of a new discussion paper on Science Based Targets

Together with the Global Compact Network Germany, sustainable has published a new discussion paper on science-based climate targets as the basis for a corporate climate strategy in line with the goals of the Paris Agreement.

The paper serves as a concise introduction to the logic and methods of setting corporate climate targets in line with the degree of decarbonization required to limit global warming to 1,5°C or at least well below 2°C. It gives an overview of the new criteria and requirements of the Science Based targets Initiative (SBTi) for climate targets which apply from October 15th 2019 if companies want to have their Science Based Target officially validated. It also makes practical recommendations about choosing and applying the method which is best suited to a company’s needs and provides company examples.

The content of the paper was developed in the context of the Peer Learning Group (PLG) Climate, a company working group hosted by the German UN Global Compact Network. Members from the Science Based Targets Initiative provided valuable input and reviewed the paper. The PLG Climate currently consists of 12 companies from different sectors which exchange experiences and develop new solutions in webinars and face-to-face meetings. sustainable AG supports the working group by providing expert knowledge and facilitating its meetings.

Please find the discussion paper in English here.