Science Based Targets initiative
An initiative validating companies' emission-reduction targets against climate science. Defines sectoral methods, including the financial sector and insurance, and publishes the list of validated targets. A reference for the scientific credibility of reduction commitments.
Validation against reduction pathways compatible with a temperature goal, under published methodological criteria. Validation concerns the scientific consistency of targets, not their actual achievement, which is monitored separately.
Use to assess the scientific credibility of a company's or insurer's climate target. A reference for distinguishing a substantiated commitment from a statement of intent in ESG analysis.