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The Science Based Targets Initiative (SBTI) is a collaborative effort between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). It is a global initiative that helps companies set science-based targets to reduce greenhouse gas (GHG) emissions and transition to a low-carbon economy. The initiative provides a framework and resources for companies to align their emissions reduction targets with the latest climate science, particularly in line with the goals of the Paris Agreement. Key Features and Components: 1. **Setting Science-Based Targets:** The SBTI provides guidance and criteria for companies to set science-based targets for reducing their GHG emissions. These targets are considered science-based when they are consistent with the level of decarbonization required to keep global temperature increase well below 2 degrees Celsius compared to pre-industrial levels. 2. **Validation and Recognition:** Companies can submit their emissions reduction targets to the SBTI for validation. If the targets meet the SBTI's criteria, they are officially recognized as science-based. This validation process helps ensure the credibility and rigor of companies' climate commitments. 3. **Resources and Support:** The SBTI offers a range of resources, tools, and guidance to help companies develop and implement science-based targets. This includes sector-specific guidance, case studies, and best practices for emissions reduction. 4. **Advocacy and Leadership:** By promoting science-based target setting, the SBTI aims to drive broader corporate leadership on climate action. It encourages companies to take ambitious steps to reduce their carbon footprint and contribute to global efforts to mitigate climate change. 5. **Collaboration and Partnerships:** The SBTI operates as a collaborative platform, engaging with businesses, NGOs, and other stakeholders to advance the adoption of science-based targets. It fosters partnerships to accelerate the transition to a low-carbon economy. 6. **Global Reach:** The SBTI's impact extends globally, with companies from various sectors and regions participating in the initiative. This broad participation underscores the importance of addressing climate change as a global challenge that requires collective action. 7. **Alignment with Climate Goals:** The SBTI's approach aligns with the broader international climate goals, including the Paris Agreement's aim to limit global temperature rise and achieve net-zero emissions by mid-century. By encouraging companies to set targets in line with these goals, the SBTI contributes to the global climate agenda. Overall, the Science Based Targets Initiative plays a crucial role in mobilizing corporate action on climate change. By providing a robust framework for setting and validating science-based targets, it helps ensure that companies' emissions reduction efforts are aligned with the latest climate science and contribute meaningfully to the global transition to a low-carbon, sustainable future."

• Collaborative effort between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF). Provides a framework and resources for companies to align their emissions reduction targets with the latest climate science, particularly in line with the goals of the Paris Agreement. Guidance and criteria for companies to set science-based targets for reducing their GHG emissions. Validation process for companies to submit their emissions reduction targets to the SBTI for official recognition as science-based. Offers a range of resources, tools, and guidance to help companies develop and implement science-based targets, including sector-specific guidance, case studies, and best practices for emissions reduction. Aims to drive broader corporate leadership on climate action by promoting science-based target setting. Operates as a collaborative platform, engaging with businesses, NGOs, and other stakeholders to advance the adoption of science-based targets. Global impact with participation from companies in various sectors and regions, highlighting the importance of addressing climate change as a global challenge. Approach aligns with international climate goals, including the Paris Agreement's aim to limit global temperature rise and achieve net-zero emissions by mid-century. Contributes to the global climate agenda by encouraging companies to set targets in line with these goals.