These targets must be achieved no later than 2050 (or 2040 for the power sector). Long-term targets indicate the degree of emission reductions organizations need to achieve net-zero according to the SBTi’s Corporate Net-Zero Standard criteria. Near-term targets are also a requirement for companies wishing to set net-zero targets. These targets galvanize the action required for significant emissions reductions to be achieved by 2030.

Near-term targets outline how organizations will reduce their emissions, usually over the next 5-10 years. From March 2nd 2023, organizations that fail to submit targets within 24 months of their commitment will be identified in the dashboard as ‘Commitment removed’. These organizations do not yet have validated science-based targets. They are indicated by the word ‘committed’ in the dashboard. Organizations with targets are identified with temperature alignments and dates in the dashboard’s ‘Target’ columns.Ĭommitments demonstrate an organization’s intention to develop targets and submit these for validation within 24 months. Details of an organization’s target can be viewed by expanding the rows below, or downloading the data file. Targets are clearly-defined, science-based pathways for companies and financial institutions to reduce greenhouse gas (GHG) emissions, which have been reviewed and validated by the SBTi.

You can explore and share your feedback on the new dashboard here. On May 5th 2023, we launched an updated version of the target dashboard as a Beta for testing. xlsx data file is also available to download. Updated every Thursday, the dashboard includes high-level information about each organization’s targets or commitments.

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