Science based targets Australasia

Science-Based Targets.
Is your organisation ready to lead?

thinkstep Australasia has committed to set a science-based target.

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Science-based targets

The Science Based Target initiative (SBTi) is a call for organisations to take the lead in steering society  toward a brighter future. Underpinned by global commitments to limiting global temperature increases to well below 2 °C, the Science Based Targets initiative compels businesses everywhere to not only do more, but to do enough. 

Our commitments to the Paris Agreement are ambitious yet urgent and require going beyond good intentions with actions that are cohesive and purposeful. Science-based targets promote a united and consistent approach with each organisation contributing through their own, individually prescribed, decarbonisation goals.

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Companies across the world have come to see science-based targets as vital to their environmental ambitions and their business success.

Alberto Carrillo Pineda Director, Science-Based Targets & Renewable Energy ,CDP

How can thinkstep help?

SBT readiness assessment

Want to find out more about science-based targets or what they mean in the context of your organisation? We review your existing carbon reporting, provide guidance and facilitate internal workshops to demonstrate why the targets are not only good for people and planet, but also for your bottom line. After 25 years of working with organisations at all stages of their sustainability and carbon journey, we know where and how to get started.

Define & Commit

Just as the Science Based Targets initiative represents a concerted effort among organisations, a cooperative internal approach is fundamental to successful target setting. Lean on us to coordinate this within your organisation or for technical support. We can assist in selecting the appropriate methodology for your situation and work with you through the target setting process.

Calculate & Calibrate

You can’t manage what you don’t measure. Because we’re experts in GHG reporting, we can help you determine your baseline prior to target setting and track progress. Our scenario analysis enables you to assess the impact of specific actions. Our leading sustainability reporting and management platform SoFi ensures you’ve got all the information you need to make considered decisions at all times. We’re also able to assist with any Scope 3 emissions reporting.

Report & Communicate

Talk to us about communicating your science-based target and make your determined commitment a platform for your sustainability story. We provide support on how, where and what to report with respect to your target and progress, and set meaningful interim targets to guide your journey. Additionally, we can assist in framing your sustainability journey for your audience.

Strategy

We know that concrete actions are pivotal to achieving your science-based target. We also know that businesses are ever evolving and for success, an agile sustainability roadmap that changes when you change is required. Our worldwide experience in sustainability roadmap development and materiality assessment means we can help you develop a strategy that is aligned with your business and relevant to your stakeholders.

The Scope 3 challenge

An ambitious and measureable Scope 3 target must be set, if Scope 3 emissions cover a significant portion of a company’s overall emissions. Many companies see their science-based targets refused because of lacking or incorrect Scope 3 measurement. With our industry-leading life cycle inventories and expertise we can help organisations evaluate their value chain impacts and determine the appropriate target.

What are science-based targets?

Science-based targets are set by companies to reduce their greenhouse gas emissions at the rate required to limit global warming to below 2 °C, in accordance with the Paris Agreement.

The Science Based Targets initiative (SBTi) is a collaboration between a number of NGOs to champion the use of science-based targets, define and promote best practice, and independently assess and approve targets.

Part of the collaboration are:  CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC). It is one of the We Mean Business Coalition commitments.

Featured resources

Science - Based Targets
Brochure
 

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Download the webinar material of our Webinar 
How to benefit from CDP and
the Science Based Targets initiative

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Sustainability
Reporting & Management
Suite

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Contact us

     Barbara Nebel
     Managing Director
     barbara.nebel@thinkstep.com

     thinkstep Ltd                thinkstep Pty Ltd
     New Zealand                Australia
     +64 4 889 2520           +61 3 9015 9455

        

     Miriam Benarey-Meisel
     Senior Consultant
     miriam.benarey-meisel@thinkstep.com

     thinkstep Ltd                 
     United Kingdom             
     +44 (0)203 463 8772