WHAT?
Adopt and manage your net zero targets
Adopting SBTi targets helps companies anticipate regulatory changes and market shifts towards a low-carbon economy. This proactive approach can improve a company’s resilience and competitiveness in the face of climate-related risks and opportunities.
Fitsol helps you with setting SBTi-based targets which are scientifically validated ensuring transparency is key to building trust with stakeholders, including investors, customers, and regulators.
01
Ensuring Scientific Credibility and Alignment with Global Goals
Alignment with Paris Agreement: SBTi-based targets ensure that an organization's carbon reduction goals are in line with the level of decarbonization required to keep global temperature increase below 2°C above pre-industrial levels, a key aim of the Paris Agreement. This alignment ensures the targets are scientifically credible and contribute meaningfully to global efforts against climate change.
02
Improve brand reputation
Consumers are more aware than ever of the effects their choices have on the environment, and are more critical and unsupportive toward companies who are not taking climate action. Indeed, 79% of corporate executives surveyed by SBTi found a strengthened brand reputation to be one of the most significant business benefits experienced after publicly setting science- based targets.
03
Manage stakeholder expectations
Your sustainability resolve bolsters your customers' and employees' confidence in you leading to favourable outcomes in terms of revenue growth and talent retention
HOW?
Set science-based targets and reach net-zero
Step 1
Set target
Set emission reduction targets in line with the latest climate science to meet the goals of the Paris Agreement pursuing efforts to limit it to 1.5°C. This involves using methodologies and tools provided by initiatives like the Science Based Targets initiative (SBTi) to ensure targets are robust and credible.
Step 2
Reduce emissions
Work with suppliers, customers, and other stakeholders to reduce emissions throughout the value chain. This might involve changing procurement policies, collaborating on sustainability projects, or supporting suppliers in reducing their carbon footprint.
Step 3
Track progress
Continuously monitor emissions and collect data to track progress against the set targets. This involves using robust data collection and management systems.
