Target setting is a key element of climate action
Reduction targets are essential components of a comprehensive climate action strategy. They are crucial for maintaining long-term focus on necessary emission reductions and ensuring sufficient measures are taken. In addition, robust target setting enhances credibility, creates a competitive edge among peers, and complies with regulatory standards like the Corporate Sustainability Reporting Directive (CSRD). A comprehensive strategy should encompass both near- and long-term reduction targets guided by a clear roadmap.
How ClimatePartner supports you in setting reduction targets
Our Consulting Services team offers key solutions tailored to your company's needs:
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Foundation workshops
For companies in the early stages of their climate action journey, our interactive sessions act as target-setting guides to achieve ambitious goals. With flexible options to suit your company's needs, these workshops lay the groundwork for a successful start and empower clients to make informed decisions about setting targets.
Development of near-term science-based targets
Building on foundational knowledge, we offer comprehensive support in developing near-term science-based targets (SBTs) aligned with the Science Based Targets initiative (SBTi). SBTs are emission reduction objectives established in accordance with climate science that address both direct and indirect emissions linked to a company's operations, value chain, and products. Target development can follow a top-down approach according to SBTi guidelines, or it can be augmented through a bottom-up methodology. In the latter case, we assist in identifying and quantifying concrete decarbonisation measures.
Defining a net zero strategy
As the global momentum toward net zero emissions accelerates, we help companies establish a net zero roadmap aligned with the SBTi Net-Zero Standard. This entails crafting a long-term reduction vision supported by a decarbonisation roadmap that adheres to regulatory guidelines.
Support during SBTi submission and validation
With our expertise and proven track record of assisting numerous companies through the submission and validation phases with the SBTi, we are well-equipped to support you. Our services include pre-filling the SBTi target setting and net zero forms and tools, as well as providing comprehensive support during the validation phase, including prepared responses to SBTi inquiries.
Why ClimatePartner?
- With over 20 years of experience collaborating with clients across various industries, we provide insights and practical guidance on setting targets, including support for clients with specific needs such as the SBTi Sectoral Decarbonization Approach (e.g., FLAG, financial institutions, steel).
- We adopt a pragmatic, hands-on approach that combines software with consulting.
- We offer a one-stop solution that covers every stage of the climate action journey, including measuring a company’s corporate carbon footprint, establishing reduction targets, implementing reductions and devising a decarbonisation roadmap, financing climate projects, and communicating transparently about those steps.
Going beyond setting targets
Climate action is not just about targets. ClimatePartner can also support you with tools to implement your strategy: should you implement an internal carbon tax? What does a sustainable travel policy look like? How are your industry peers reducing their value chain emissions?
With over 6,000 customers, ClimatePartner helps provide the insights and advice necessary to develop a decarbonisation roadmap and become compliant with the CSRD, and enables you to engage your suppliers with our Network Platform.
Are you interested in an introductory meeting about target-setting options and wish to become an SBTi-verified company? Our team looks forward to hearing from you.