30th Mar

Science Based Targets initiative (SBTi)

SBTi drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets. The initiative provides companies with a clearly defined path to reduce emissions in line with the Paris Agreement goals.

Trade Interchange’s ARCUS® Supplier Information Management (SIM) and eRFX solutions now offer a live integration with the Science Based Targets initiative, allowing you to automatically collect the following information:

  • • Company/ Financial Institution
  • • Organisation type
  • • Targets:
    • Clearly-defined, science-based pathways for companies to reduce greenhouse gas emissions which have been reviewed and validated by the SBTi.
  • • Commitments:
    • Demonstrate an organisation’s intention to develop targets and submit these for validation within 24 months.
  • • Near-term targets:
    • Outline how organisations will reduce their emissions, typically over the next 5-10 years.
  • • And more…