OCE-B.08.D - 1.5°C Alignment
Are the company’s targets aligned with a 1.5ºC pathway?
About the data
The WBA Ocean Benchmark measures and ranks the world's most influential companies on their efforts to halt and reverse nature loss in marine ecosystems, tracking how companies manage their impacts on ocean biodiversity, marine habitats, and the communities and workers dependent on healthy seas. The 2026 edition is WBA's first Ocean Benchmark, assessing 125 companies across key sectors dependent on oceans, including seafood, maritime transport, offshore wind energy, shipbuilding, port operations, apparel, and chemicals. Companies are assessed on 47 indicators across four measurement areas: governance, ecosystems and biodiversity, social responsibility, and core social indicators. The benchmark builds on WBA's Nature Benchmark and the former Seafood Stewardship Index, and its methodology was developed with input from more than 50 stakeholders including ocean communities, companies, scientists and civil society, with human rights and social impacts kept at its core alongside nature-specific concerns. More information can be found here.
Methodology
Food systems contribute to approximately a third of total global GHG emissions annually
(Crippa et al., 2021). Transforming food and land use systems is crucial to staying within the 1.5°C
temperature rise, as highlighted in the recent COP28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems and Climate Action (FOLU, 2024). This indicator focuses on companies’
emissions reductions in line with a 1.5°C trajectory as recommended by the Paris Agreement. The
indicator is also aligned with the interim target of the Science Based Targets initiative (SBTi) to reduce
value chain GHG emissions by 50% by 2030 and by 90-95% by 2050, in accordance with sectoral
ambitions for 2030.
Research Guidance:
This element will be MET if:
If:
Scoring Class is Financial sector
Then:
ANY of the following conditions should be true:
GMC\_01889 is in 1.5°C,Well-below 2°C,2°C,NA
GMC\_01894 is in 1.5°C,Well-below 2°C,2°C,NA
unspecified is in GMC\_01898
unspecified is in GMC\_01899
Else:
ALL of the following conditions should be true:
ANY of the following conditions should be true:
GMC\_01879 = 1.5°C
GMC\_01884 = 1.5°C
Scope 1+2 is in GMC\_01898
Scope 1+2 is in GMC\_01899
ANY of the following conditions should be true:
Significant S3 Emissions = false
GMC\_01889 is in 1.5°C,Well-below 2°C,2°C,NA
GMC\_01894 is in 1.5°C,Well-below 2°C,2°C,NA
Scope 3 is in GMC\_01898
Scope 3 is in GMC\_01899
GMC descriptions:
GMC\_01884: S1+2 long-term target SBTi temperature classification
GMC\_01889: S3 near-term target SBTi temperature classification
GMC\_01899: 1.5°C pathway reference from credible institutions
GMC\_01894: S3 long-term target SBTi temperature classification
GMC\_01898: 1.5°C pathway reference from SBTi Net-Zero standard or ISO Net-zero guidelines
GMC\_01879: S1+2 near-term target SBTi temperature classification
(Crippa et al., 2021). Transforming food and land use systems is crucial to staying within the 1.5°C
temperature rise, as highlighted in the recent COP28 UAE Declaration on Sustainable Agriculture, Resilient Food Systems and Climate Action (FOLU, 2024). This indicator focuses on companies’
emissions reductions in line with a 1.5°C trajectory as recommended by the Paris Agreement. The
indicator is also aligned with the interim target of the Science Based Targets initiative (SBTi) to reduce
value chain GHG emissions by 50% by 2030 and by 90-95% by 2050, in accordance with sectoral
ambitions for 2030.
Research Guidance:
This element will be MET if:
If:
Scoring Class is Financial sector
Then:
ANY of the following conditions should be true:
GMC\_01889 is in 1.5°C,Well-below 2°C,2°C,NA
GMC\_01894 is in 1.5°C,Well-below 2°C,2°C,NA
unspecified is in GMC\_01898
unspecified is in GMC\_01899
Else:
ALL of the following conditions should be true:
ANY of the following conditions should be true:
GMC\_01879 = 1.5°C
GMC\_01884 = 1.5°C
Scope 1+2 is in GMC\_01898
Scope 1+2 is in GMC\_01899
ANY of the following conditions should be true:
Significant S3 Emissions = false
GMC\_01889 is in 1.5°C,Well-below 2°C,2°C,NA
GMC\_01894 is in 1.5°C,Well-below 2°C,2°C,NA
Scope 3 is in GMC\_01898
Scope 3 is in GMC\_01899
GMC descriptions:
GMC\_01884: S1+2 long-term target SBTi temperature classification
GMC\_01889: S3 near-term target SBTi temperature classification
GMC\_01899: 1.5°C pathway reference from credible institutions
GMC\_01894: S3 long-term target SBTi temperature classification
GMC\_01898: 1.5°C pathway reference from SBTi Net-Zero standard or ISO Net-zero guidelines
GMC\_01879: S1+2 near-term target SBTi temperature classification
License
Topics
Framework Mappings
Value Type
Category
Options
Yes
No
Assessment
Steward Assessed
Report Type
Aggregate Data Report