Science Based Targets Initiative (SBTi)

Science Based Targets Initiative (SBTi)
  1. Top executives of SBTi recently stated that India has the scale and momentum to influence how global businesses respond to climate risk.
  2. SBTi is a global corporate climate action organisation with the aim to help companies and financial institutions reduce greenhouse gas emissions in line with climate science and consistent with limiting global warming to 5°C.
  3. Role of SBTi:
    1. Develops standards, tools, and guidance
    2. Helps companies set GHG emission reduction targets
    3. Validates whether these targets truly align with climate science
    4. Supports industry leaders in adopting best practices consistent with the Paris Agreement
  4. SBTi helps companies to improve climate risk management, attract investors. gain competitive advantage and become sustainability leaders.
  5. Global Reach: As of April 2025 over 10,000 companies worldwide have either committed to or already set science-based emission reduction targets through SBTi. This shows how rapidly corporate climate action is expanding globally.