2019 is well underway, meaning companies are fast approaching the deadlines for their 2020 goals and setting their sights on the decade ahead. From the IPCC 1.5˚C Special Report published last year, we know that the next ten years will be critical for preventing the worst-case scenario of climate change and that the next generation of goals must be bolder and more ambitious than ever before.
With this in mind, sustainability managers across industries are turning their attention towards science-based targets. A big driver is still the Paris Agreement, and particularly in the US, the
movement. This resounded in the halls and sessions at GreenBiz19 in Phoenix, Arizona recently. The Quantis team was positively surprised that
, science-driven goal setting and SBTs dominated the discourse. Why? Science-based targets for carbon and beyond (water, land use, biodiversity) are the best chance we have to keep global average temperatures below 1.5˚C by providing a roadmap for meaningful climate actions that focuses efforts on what is needed rather than what we think we can achieve.
Businesses - sustainability champions and those just just jumping on the bandwagon - know that SBTs can take them where they need to go, but many have questions around the new 1.5˚C limit and how to tackle topics beyond carbon.
To help you on either understanding, setting or reaching "NextGen" Science-Based Goals, we've curated some helpful resources in this issue:
Watch Climate Strategy Lead Charlotte Bande explain the 1.5° SBTi updates +
Read about Danone's SBT journey and action plan +
Explore the business case for planetary boundaries in this Q&A +
Want more? Contact
Climate Strategy and Science-Based Targets Lead Charlotte Bande
to start building ambitious next generation goals.