With the new European regulations on sustainability reporting, most German companies will be required to report on sustainable issues starting in 2025. One mandatory aspect is the creation of a greenhouse gas balance sheet across the entire supply chain. For this specific area, the Science Based Target Initiative (SBTi) method is recommended. This method enables the fulfillment of all requirements, and the results can be seamlessly integrated into the company’s internal strategy and external reporting, with a high level of auditability.
SBTi is a recognized approach in business, society, and politics for determining an organization’s greenhouse gas emissions. The goals derived from it align with the Paris climate agreement. Through appropriate measures, companies secure legitimacy in reporting positively on their ambitions with the help of SBTi. Communication with stakeholders is also a crucial step in the SBTi process to bring it to a successful conclusion.
A combination of long-term and short-term climate goals – different scenarios and the individual path to the objective
The objectives of SBTi provide a robust and recognized method for establishing climate goals that are resistant to revision. Thanks to our expertise in this method, we can assist companies in their implementation. We ensure that the goals and measures align with the priorities set by the company and can be seamlessly integrated into sustainability reporting.
Please don’t hesitate to contact us if you’d like to learn more about the background of SBTi. We are here to support you in crafting your sustainability reporting. Stay tuned for more information on this topic coming soon to our website.
Photo by Khaosai Wongnatthakan (Canva)
