13. The Kunming-Montreal Global Biodiversity Framework has 23 action-oriented global targets for urgent action over the decade to 2030. The actions set out in each target need to be initiated immediately and completed by 2030. Together, the results will enable achievement towards the outcome-oriented goals for 2050. Actions to reach these targets should be implemented consistently and in harmony with the Convention on Biological Diversity and its Protocols, and other relevant international obligations, taking into account national circumstances, priorities and socioeconomic conditions.
Near-term targets outline how organizations will reduce their emissions, usually over the next 5-10 years. These targets galvanize the action required for significant emissions reductions to be achieved by 2030. Near-term targets are also a requirement for companies wishing to set net-zero targets.
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Temperature alignment indicates the degree of global temperature increase compared to preindustrial levels companies are aligned with, based on their scope 1 and 2 targets, in line with the goals of the Paris Agreement. Temperature alignment is identified in the dashboard with one of the following values: 1.5C, well-below 2C, and 2C.
Please note: Temperature alignment is only provided for most companies' scope 1 and 2 targets. The exception is auto manufacturers, which also have scope 3 category 11 temperature alignment. You can find out more here.
You can find answers to common questions about the dashboard and data in our FAQs below.
All scope 1 and 2 targets are classified under one of three categories: 2C, well-below 2C and 1.5C. The SBTi's assessment of a company's target does not include a classification of scope 3 targets. As of July 15th 2022 ,the SBTi will only accept target submissions of scope 1 and 2 targets that are in line with a 1.5C trajectory.
Near-term targets outline how organizations will reduce their emissions over the next 5-10 years. These targets galvanize the action required for significant emissions reductions to be achieved by 2030. These reductions are critical to not exceed the global emissions budget. Near-term targets are also a prerequisite for companies wishing to set net-zero targets.
Net-zero targets encompass both near and long-term targets. Companies wishing to set net-zero targets under the Corporate Net-Zero Standard have both near- and long-term targets validated by the SBTi.
Pipeline tools coordinate the pieces of computationally demanding analysis projects. The targets package is a Make-like pipeline tool for statistics and data science in R. The package skips costly runtime for tasks that are already up to date, orchestrates the necessary computation with implicit parallel computing, and abstracts files as R objects. If all the current output matches the current upstream code and data, then the whole pipeline is up to date, and the results are more trustworthy than otherwise.
Unlike most pipeline tools, which are language agnostic or Python-focused, the targets package allows data scientists and researchers to work entirely within R. targets implicitly nudges users toward a clean, function-oriented programming style that fits the intent of the R language and helps practitioners maintain their data analysis projects.
This manual is a step-by-step user guide to targets. The most important chapters are the walkthrough, help guide, and debugging guide. Subsequent chapters explain how to write code, manage projects, utilize high-performance computing, transition from drake, and more. See the documentation website for most other major resources, including installation instructions, links to example projects, and a reference page with all user-side functions.
These much-needed targets on nature build on and complement existing climate targets, which have been set by over 2,600 companies through the Science Based Targets initiative. They have been developed to give companies the guidance to know if they are doing their part towards realizing the vision of an equitable, net zero and nature positive future.
This first release from SBTN equips companies to assess their environmental impacts and set targets beginning with freshwater and land enabling companies to both reduce their negative impacts and increase positive ones for nature and people. Specifically, the first nature targets will help companies improve their impacts on freshwater quality (specific to nitrogen and phosphorus) and freshwater quantity as well as protect and restore terrestrial ecosystems.
This first release forms part of a multi-year plan to provide companies of all sizes and sectors with comprehensive science-based targets for nature, which will increase in scope as science and technology advances.
In 2023, an initial group of 17 companies are piloting the target validation process as well as the land methods which are currently in beta. This pilot will be of critical value towards the rollout of the target validation process and delivery of a version 1 of the land targets, both of which are anticipated to be available in early 2024 after incorporating insights from the pilot.
At the highest level, this release includes integrated technical guidance for companies to assess and prioritize their material impacts on the environment on freshwater quality (specific to nitrogen and phosphorus) and freshwater quantity as well as inter-related land targets to protect and restore terrestrial ecosystems, alongside climate through the Science Based Targets initiative (SBTi).
Land and freshwater targets that directly support biodiversity are the first action areas that SBTN is making available for companies to set targets against to both reduce their negative impacts and increase positive outcomes for nature and people. The first methods help companies address their impacts across their direct operations and upstream supply chains. Future releases of methods from SBTN will increase coverage of corporate impacts.
SBTN guidance is developed iteratively, constantly evolving with feedback from partners, stakeholders, and experts in our multi-stakeholder review process. All methodology within the first release of science-based targets for nature has undergone the following stages of review: internal technical consultation, corporate engagement consultation, public consultation, and an external expert review panel.
These companies will be piloting the target validation process as well as the land methods which are currently in beta. This pilot will be of critical value towards the rollout of the target validation process and delivery of a version 1 of the land targets, both of which are anticipated to be available in early 2024 after incorporating insights from the pilot.
We want to ensure the validation criteria for companies to set targets is robust, feasible and has clear validation and we have the ability to make any necessary optimizations before a full roll-out. We also want to gain an understanding of anticipated process times for companies and required resources to scale and respond to demand.
SBTN has developed a set of validation criteria designed as safeguards to guarantee companies have correctly and completely followed the methods. These validation criteria must be met before targets are accepted and companies are approved to make claims associated with those targets. The analysis will be done by an independent target validation pilot team who have not been involved in method development.
A validation process to guide companies through the required process to prepare and submit its targets for validation will also be provided. An initial group of companies are piloting the target validation process in 2023 with a full roll-out to companies anticipated in early 2024 once the pilot concludes and learnings have been incorporated.
SBTN and the Taskforce on Nature-related Financial Disclosures (TNFD) share the same vision: transforming business models toward a nature positive economy, based on the best available science. SBTN is equipping companies with the guidance to set science-based targets for nature. TNFD, in turn, is working to create a framework for companies and financial institutions to manage and disclose their nature-related risks. SBTN and TNFD are working actively together (SBTN is one of 16 TNFD Knowledge Partners) to ensure alignment in the way those nature-related risks are understood, framed, and addressed by companies and financial institutions, so they can incorporate nature into their decision-making processes in the most impactful and efficient way.
We anticipate publishing additional methods beginning in late 2024 including expanded land targets, further coverage of biodiversity, marine impacts, and additional sources of freshwater pollution. SBTN will also issue guidance to companies on target implementation (Step 4) and target monitoring, reporting and verification (Step 5), along with validatable metrics associated with the Stakeholder Engagement Guidance.
Science-based targets show companies how much and how quickly businesses need to reduce their GHG emissions to prevent the worst impacts of climate change, leading them on a clear path towards decarbonization. By guiding companies in science-based target setting, SBTi enables them to tackle climate change while seizing the benefits and boosting their competitiveness in the transition to a net-zero economy.
Building on our 2025 Sustainability Goals, these targets put us on a path to achieve carbon neutrality by 2050, eliminate plastic waste in our environment and increase our positive impacts on society, our customers and our business.
According to Climate Stabilization Targets: Emissions, Concentrations, and Impacts Over Decades to Millennia, important policy decisions can be informed by recent advances in climate science that quantify the relationships between increases in carbon dioxide and global warming, related climate changes, and resulting impacts, such as changes in streamflow, wildfires, crop productivity, extreme hot summers, and sea level rise. One way to inform these choices is to consider the projected climate changes and impacts that would occur if greenhouse gases in the atmosphere were stabilized at a particular concentration level. The book quantifies the outcomes of different stabilization targets for greenhouse gas concentrations using analyses and information drawn from the scientific literature. Although it does not recommend or justify any particular stabilization target, it does provide important scientific insights about the relationships among emissions, greenhouse gas concentrations, temperatures, and impacts. ff782bc1db
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