Tuesday, 1 April 2025

Focus on SBTi

The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. It develops standards, tools and guidance for companies to set greenhouse gas (GHG) emissions reductions targets. SBTi is incorporated as a charity. Partners include CDP, the United Nations Global Compact, the We Mean Business Coalition, the World Resources Institute (WRI), and the World Wide Fund for Nature (WWF).

FILE PHOTO: An Air New Zealand Airbus A320 plane sits on the tarmac at Auckland Airport in New Zealand June 25, 2017. REUTERS/David Gray/File Photo
AviationBiofuelsElectric Vehicles (EVs)EmissionsNewsSustainable Aviation Fuel

Air New Zealand dumps 2030 carbon intensity targets in climate policy shift

Air New Zealand said it would drop its carbon intensity reduction target due to challenges faced in fleet renewal and fuel availability.

BusinessEmissions MarketsNewsPoliticsRegulationsVoluntary Carbon Markets (VCMs)

US unveils policy to boost carbon offset market integrity

Carbon offset integrity will be bolstered by new rules, hopes United States, in move to "unlock the power of private markets".

BusinessCarbon ManagementClimate FinanceEconomyEmissionsEmissions MarketsFinanceIndustryNewsPoliticsVoluntary Carbon Markets (VCMs)

US to launch carbon offset guidelines to boost integrity

New U.S. guidelines for the use of carbon offsets inside and outside of government meant to build confidence in the market and ensure...

BusinessClimateEmissionsEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Corporate climate pledge weakened by carbon offsets move

The world's main benchmark for vetting corporate climate action, the Science-Based Targets Initiative, has been accused by its own staff of "greenwashing"

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