Developing and Validating your Science-Based Targets
IMS provides support developing targets, applying recognised emissions reduction models and getting your targets approved by the Science-Based Targets Initiative (SBTI).
Obtaining approval from the SBTI can be a complex and time-consuming process. The validation process is thorough and more often than not involves several rounds of communication with the SBTI and revision of targets, making the timescale for approval anywhere between 6 and 18 months. The support of external experts such as IMS Consulting can be invaluable throughout the process.
What if I don’t want to have my targets validated?
A very good question. Many companies that we work with are pressing ahead with a net zero ambition, implementation of an emissions reduction pathway or setting science-based emissions reduction targets that are not SBTI verified.
Why?
Several reasons. Maybe you have a particular plan for reaching net zero, perhaps you don’t want to wait for an approved methodology to be developed, or don’t want to delay implementation of emissions reduction measures while your targets are submitted and approved by SBTI – remember it can take over 12 months.
Our Coffee Break Briefing on Science Based Targets explains, in simple terms, how to set about calculating and implementing science based emissions reduction targets.