Our tried and tested five-step approach to Science Based Target Initiative (SBTi) submission support has always resulted in successful verification of our clients’ targets. An experienced consultant will take you through each stage of the process from your commitment letter all the way through to support in how to communicate your validated targets. Our support not only includes setting your target and filling in SBTi’s submission forms and tools but also being there to support you with any questions you get from SBTi’s validation team at the end of the process.
SBTi ensures a consistent and well-established method for target setting and provides a basis for strategies outlining how to get there in a way that is understandable for investors, clients and other stakeholders.
The 5 stages to a successful SBTi submission
Commit
Register online and submit a letter to commit to setting a science-based target. This commitment will appear on SBTi’s website.
Develop
You have 24 months from your commitment to develop your 1.5°C aligned net-zero target. You might also develop other targets for submission such as FLAG, renewable energy and customer & supplier engagement.
Submit
Submit your target for through SBTi’s portal. Numerous submission forms and supporting evidence will be required to ensure your target is validated. Q&A with SBTi’s validation team.
Communicate
Once approved by SBTi you will appear on their website and will have 6 months to publicly report your target. SBTi provide guidance on how to communicate your target and the wording you will need to use.
Disclose
Disclose your target and report progress annually through your annual or sustainability reports. After 5 years you will have to remodel and update your target if necessary.
External approval from SBTi, the world’s most recognised net zero body, adds a huge amount of weight to your claims. It will send a very clear signal to your investors, lenders, customers and staff that you are committed to achieving your target. Lorna JamesSenior Consultant
Sustainability can be a complex landscape, we work with your organisation to fully equip your employees and stakeholders with the necessary skills and knowledge so everyone can engage in your strategies.
Given our comprehensive understanding of key sustainability disclosure standards, we will work with you to identify compliance gaps and alignment issues and offer strategies to enhance business performance across various reporting frameworks.
