The Science Based Targets initiative is a partnership between CDP, UN Global Compact, WRI, and WWF. The initiative supports companies to set emissions reduction targets required to limit global warming well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C.
Over the past several years, science-based target-setting has rapidly become the most effective way for companies to align their corporate goals with the Paris Agreement. As stated in the 2018 IPCC Special Report on Global Warming, the transition to a low-carbon economy must be accelerated globally in order to hold warming to 1.5°. We are calling on all companies — across sectors — to set their science-based target with a new level of ambition — one that aligns with the 1.5° target.
The following UN Global Compact Network UK members have already committed to setting science-based targets:
BT Group plc
Burberry Group plc
Burges Salmon LLP
Coats Group plc
Coca-Cola European Partners (CCEP)
Compass Group plc
Dentsu International Limited
Drax Group plc
Environmental Resources Management
Ernst and Young
Freshfields Bruckhaus Deringer LLP
Grant Thornton UK LLP
Hilton Food Group
HSBC Holdings plc
InterContinental Hotels Group
John Menzies plc
Legal & General Group
Marks & Spencer plc
Ove Arup & Partners International Ltd
PricewaterhouseCoopers International Limited (PwC IL)
Severn Trent plc
Scottish Leather Group
Slaughter and May
Tate & Lyle PLC
The British Land Company plc
The British Standards Institution (BSI)
Turner & Townsend Ltd
Vodafone Group plc
2020 Webinar Series: "SCIENCE-BASED TARGET CHALLENGES"
The UN Global Compact Network UK and the Science Based Targets Initiative hosted a webinar series to support companies to overcome common challenges related to setting and implementing science-based targets.
With over 900 companies having already committed to set a science-based target, it is clear that momentum is building. However, there are common challenges companies across sectors face that are preventing further uptake of science-based targets and are threatening to slow down the progress. These challenges include: achieving internal buy-in and addressing scope 3 emissions.
This webinar series will support companies to overcome these common challenges by providing participants with practical tips, expert guidance and best practice examples from business case studies.
ACHIEVING INTERNAL BUY-IN TO SET SCIENCE-BASED TARGETS
ADDRESSING SCOPE 3 EMISSIONS TO ACHIEVE SCIENCE-BASED TARGETS
2020 Webinar Series - "RAISING BUSINESS AMBITION FOR 1.5°C: SETTING A SCIENCE-BASED TARGET”
This webinar series was held in partnership with the Carbon Trust, a mission-led global organisation who have supported numerous businesses worldwide in setting their science-based targets. We explored the business benefits of setting a science-based target in line with 1.5°, specifically looking at the opportunities and challenges of implementing a science-based target by sector. The webinars feature guidance from experts at the Carbon Trust and SBTi, as well as best practice examples from sector case studies. Watch your sector specific webinar below:
29 April: PROFESSIONAL SERVICES SECTOR
6 May: IT SECTOR
13 May: ENERGY AND UTILITIES SECTOR
20 May: CONSTRUCTION SECTOR
10 June: FINANCE SECTOR
17 June: RETAIL AND MANUFACTURING SECTOR
To learn more about science-based targets, listen to a webinar hosted by the United Nations Global Compact here.