What is a scientific carbon targets?
Science is carbon targets based on climate science, aiming to reduce carbon emissions and conform to the requirements of the limit global temperature rise of the Paris agreement global goals.In the field by SBTi (hereinafter referred to as the "SBTi) dominated.SBTiIs made up of several cooperation organization, designed to support the enterprise to use different ways to set carbon goal, and is verified to the enterprise target.More than 1600 enterprises have promised SBTi will set scientific carbon targets.A member of the carbon trust is the SBTi technical advisory group.
Set scientific carbon goal what help to deal with climate crisis?
The UN's intergovernmental panel on climate change (IPCC), a report released in August 2021, reiterated the urgency of the climate change, and more convinced that the cause of climate change is human activity.Although the report stressed that global warming will cause irreversible changes, such as sea level rise.But the IPCC thinks "radical and ongoing efforts to reduce carbon dioxide and other greenhouse gas emissions to slow climate change".Based on climate science set carbon targets, means that enterprises must have a clear plan to reduce emissions, and to make contribution to global warming.
What are the benefits of setting scientific carbon goals?
Set scientific carbon goal can:
- Improve the brand reputation, set up scientific carbon targets is becoming enterprise target for climate action, can be shown by setting scientific carbon target enterprise sense of responsibility
- Cost reduction - such as by reducing energy costs
- Form the business strategy, promote innovation, build competitive advantage
- Enhance investor confidence - financial institutions more attention to comply with the low carbon emissions of climate science
- Help the future risk management - carbon targets set science can improve toughness, conform to the policies and regulations in the future
SBTi what are the requirements, and which policy change?
SBTi original standard is the enterprise according to the "global temperature rise rate control in pre-industrial levels 2 c" requirements set range of one and two science carbon targets.With the development of science, SBTi updated accordingly to the requirement of the enterprise.Scope of the current one and two goals to reduce emissions level must be in accordance with "to control the global temperature rise rate is far lower than the requirement of the 2 c", and SBTi recently announced its latest standards, require companies since July 15, 2022, according to the "standard" to control the global temperature rise of 1.5 degrees Celsius for carbon targets.SBTi said its latest strategy aims to "respond to climate action increasingly urgency and scientific carbon targets the success so far."Drive SBTi is the reason for changing the strategy by 2050 net zero emissions requirements faster velocity, more mass to reduce carbon emissions.SBTi了解到目前已有众多企业根据全球温升1.5摄氏度的标准设定科学碳目标，并正超额完成减排目标。也基于以上两个因素，SBTi提升了设定科学碳目标的要求。经更新后，针对范围三排放设定科学碳目标，从全球温升2摄氏度调整为远低于2摄氏度。其他调整包括缩短达成科学碳目标的期限；此前从基准年开始计算的5至15年，而从2022年7月15日起，期限调整为10年。
Net zero carbon emissions targets and science goals have what differentiation?
Science carbon target is the enterprise needs to follow the Paris agreement and set targets.But net zero emissions targets set needs to be on the basis of scientific carbon targets, determine the enterprise in order to meet the requirements of the global temperature rise of 1.5 degrees Celsius scene and long-term measures need to be taken.Net zero emissions targets are divided into two aspects.First of all, range 1, 2 and 3 emissions reduction degree, need to meet the requirement of "to control the global temperature rise of 1.5 degrees Celsius".Second, unable to reduce any emissions should be carried out through greenhouse gas removal and, make the enterprise involved in emissions and to remove emissions offset.On September 20, 2021, SBTi issued "net zero emissions manual with standard" (in English), expounds the setting method of net zero emissions targets, and updated the science carbon goal setting method mentioned above.
Science carbon target standard updates mean for business?
Carbon targets of science update is expected to be released at the end of 2021, on July 15, 2022 formally.Before the date submitted to SBTi target accept verification, can choose which of the following versions of the standard, and according to the following the credibility of the best practices can produce benefits, balance its commitments to reduce emissions level.Goal has been approved for enterprises to adjust their strength levels within five years.
Enterprises can choose to adjust the target according to the latest standards, by the deadline in order to gain the initiative.
How long does it take to set up scientific carbon targets?
Enterprise to SBTi science carbon targets commitment, must be completed within two years, goal setting, submitted for examination and approval, and spread abroad.But the goal setting is only the first step.You need to consider how to achieve goals.In this regard, the carbon trust can target the feasibility evaluation for the enterprise to provide help.
What are the process submit scientific carbon targets?
After enterprise scientific carbon target submission, SBTi usually within 30 working days to approve or reject the company submitted targets.Such as enterprise target failed through application, the enterprise can submit again (no time).But businesses again in six months for the first time after the filing of the submit scientific carbon targets to accept secondary assessment, will not need to pay fees.
The carbon trust how to help enterprises to set goals and implement scientific carbon?
As long as can promote the change of the common human mission, we are all welcome.
The carbon trust can help enterprises to achieve the requirement of the SBTi.First, we will support enterprises according to the standard of greenhouse gas accounting system, measuring enterprise range one, two and three carbon emissions.Then we will according to the standard of SBTi determine necessary target path, and comply with the company submitted to SBTi targets.And more importantly, our goal in many projects including the feasibility evaluation, evaluation on the effect of corporate balance sheets, technical solutions and the evaluation of future scenarios, such as power companies and steadily.Through these assessment can let enterprise more clearly clarify their commitment is achievable.The next is to help enterprises planning how to implement a net zero emissions targets, including further reductions in emissions of range one, two and three, as well as greenhouse gas removal scheme.
