Science Based Targets (SBTI)
The Most Effective Way to Achieve a Low-Carbon Future SBTi and Scientific-Based Targets (SBT) One of the most critical issues that companies need to evaluate correctly in strategic carbon management is the determination of a carbon reduction target. As Enexion Group, while we support you in determining the carbon target for your organization, we consider the criteria of “SBTi-Scientific-Based Targets”, which is the most prestigious target setting organization globally, as well as company-specific parameters.
The Importance of Setting a Science Appropriate Target (SBT):
- Increasing Brand Strength:
Companies can create more value for their customers and suppliers, and strengthen their reputation for sustainability, by keeping their environmental awareness at the highest level with “science-based goals”.
- Increasing Stakeholder / Investor Confidence:
Sustainability not only establishes the credibility of the company for customers and suppliers, but also provides an important benchmark for other company stakeholders and investors. The emphasis on the scientific-based climate target in environmental policies has become more important in supporting companies’ future investments.
- Providing Flexibility Against Regulations:
Countries are accelerating their country-level commitments to implement the Paris agreement. At the same time, companies become more compliant with regulations by minimizing their emission-intensive activities.
- Increasing the Use of New Technologies:
With the acceleration of the transition to a low-carbon economy, companies need to develop strategies suitable for new technology systems.
- Increasing Profitability:
Carbon targets aligned with SBTi ensure that the company’s operations remain lean and efficient.
- Increasing Competitive Advantage:
Companies that are successful in the transition to a low-carbon economy can become more competitive in the sector with increasing innovation, decreasing uncertainty, strengthening investor confidence and increasing profitability.
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