Explore the increasing importance of setting actionable decarbonization targets rooted in science today and the vital steps to accelerate sustainability transformation and meet ambitious science-based goals.
“To set science-based targets, organizations must first conduct a comprehensive assessment of their current greenhouse gas emissions across scopes 1, 2, and 3, considering all aspects of their operations, supply chains, and value chains. This involves collecting data on energy usage, transportation, production processes, and more. Once the emissions baseline is established, organizations can then define specific reduction targets in line with the latest climate science. These targets must be ambitious, realistic, and time-bound, and they should address both short and long-term goals. Collaboration with relevant stakeholders, including suppliers, is essential for success. Finally, organizations should regularly track and report on their progress, adjusting strategies as needed to meet their science-based targets and contribute to global efforts to combat climate change.”