Biodiversity and climate change are heavily interlinked (CBD, 2009), with conversion and
degradation of ecosystems leading to increases in GHG emissions. Subsequently, the effects of
climate change are driving further biodiversity loss through increased risk of extinctions and extreme
weather events. 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. This element will be BASIC if:
\- Valid Targets >= 1
Additional conditions to be STANDARD:
\- ALL of the following conditions should be true:
\- Number of S1+2 valid targets >= 1
\- ANY of the following conditions should be true:
\- The following statement should not be true:
\- Significant S3 Emissions
\- Number of S3 valid targets >= 1
Additional conditions to be ADVANCED:
\- If:
\- Significant S3 Emissions
\- Then:
\- Valid Targets >= 4
\- Else:
\- Number of S1+2 valid targets >= 2
Additional conditions to be NEXT PRACTICE:
\- Valid Targets >= 4
Additional conditions to be LOW-CARBON ALIGNED:
\- ALL of the following conditions should be true:
\- Number of S1+2 SBTi validated targets >= 2
\- ANY of the following conditions should be true:
\- The following statement should not be true:
\- Significant S3 Emissions
\- Number of S3 SBTi validated targets >= 2