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ESG & Sustainable Finance

Science-Based Targets

Also called: SBTi, science based targets initiative

Science-based targets are corporate emission reduction goals aligned with what climate science says is needed to limit warming, validated by an independent initiative. Their value is comparability and external verification, converting a press release into something auditable. Their contested edge is the treatment of Scope 3 and of offsets, where validation criteria have tightened repeatedly.

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