Detalles
| The Science Based Targets Network (SBTN) has released the results of its year-long corporate pilot program, demonstrating that companies now have a clear and credible path to take ambitious action for nature. The pilot results, detailed in this report, highlight that pioneering companies are equipped with an approach to comprehensively assess their greatest impacts on nature, measure those impacts accurately, and set science-based targets, starting with freshwater and land. This approach allows them to address the main drivers of nature loss in the ecosystems where they and their suppliers operate. The corporate pilot program has provided significant value for companies, consultancies, NGOs and SBTNs by reinforcing that science-based targets for nature are closing a critical gap in corporate sustainability. Companies participating in the pilot highlighted that setting targets helped them increase corporate ambition and drive credible actions for nature, including moving beyond zero deforestation to zero conversion of natural ecosystems, and helping to establish a foundation for measurable, comparable and standardized approaches. The goal-setting process proposed by SBTN not only helped drive more strategic discussions around business functions at the leadership level, but also provided credibility and a common language for advancing stakeholder engagement. The pilot successfully provided companies with a valuable testing and learning opportunity to engage in the goal-setting process in an integrated manner for the first time. Most participating companies received validation for some or all of their goals, and while some used the pilot as an opportunity to gain input for future commitments, others are preparing to publicly disclose and adopt their goals. These pilot companies have six months (until January 10, 2025) to adopt their targets, which will be made public through a target tracker on an ongoing basis. |
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