All Science Based Targets Initiative articles
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News briefs
eBay achieves 100% renewable energy goal ahead of schedule
eBay is thereby advancing its climate protection commitments and laying the foundation for further milestones in the area of sustainability.
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Völkl commits to Science Based Targets with SBTi pledge
The German ski producer is taking bold steps to reduce emissions and meet climate goals, aligning with global climate science through the Science Based Targets initiative.
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Amer Sports receives SBTi validation for climate action targets
The group commits to bold climate goals with SBTi validation, aiming for a 90% emissions reduction and net-zero emissions across its entire value chain.
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YKK earns CDP’s 'A' rating for climate action again
This reaffirms the company’s goal to achieve net-zero emissions by 2050.
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SBTi Services expands board with three new directors
The validation services subsidiary of SBTi appointed new directors to enhance governance, growth and climate impact.
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New CEO at SBTi
The Science Based Targets initiative (SBTi) has announced a new CEO following an extensive recruitment process
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RevolutionRace comits to ambitious climate targets validated by SBTi
The Swedish DTC outdoor apparel company sets bold climate goals to drastically cut greenhouse gas emissions across its operations and supply chain.
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Article
Vaude targets Net Zero by 2040 with detailed strategy
The German outdoor company presents its validated plan to achieve net zero by 2040, focusing on rigorous emissions reductions, renewable energy and sustainable product innovations.
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News briefs
Luiz Amaral will step down as CEO of SBTi
The Science Based Targets initiative (SBTi) has announced that Luiz Amaral has resigned for personal reasons and will step down from his role as CEO at the end of July. Susan Jenny Ehr, currently Chief Legal Officer, will take over as interim CEO. The organization said a recruitment process for ...
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Article
Sidi Sport joins Science Based Targets initiative
Italian company Sidi Sport, specializing in footwear and other apparel for cyclists and motorcyclists, has joined the Science Based Targets initiative (SBTi). SBTi was founded in 2014 as a collaboration between some of the leading international organizations and associations for climate protection, including the United Nations Global Compact and the ...
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Article
Decathlon Germany launches bike leasing with JobRad
From April 3, 2024, employees of over 70,000 companies across Germany who cooperate with JobRad will be able to lease bicycles from Decathlon Germany starting from a total leasing value of €750, as well as all Decathlon e-bikes. Leasable accessories include lighting, mudguards, bicycle bells, and even child seats. After ...
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Thule’s sustainability targets confirmed
The Science Based Targets initiative (SBTi) promotes ambitious climate protection measures in the private sector by allowing companies to set science-based targets for reducing greenhouse gas emissions. Thule Group’s targets for Net-zero have now been approved by the organization. This is an important endorsement of the company’s sustainability ambitions. In ...
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SBTi gains charitable status in UK, doubles corporate climate validations and ramps up pace
The number of companies and financial institutions setting greenhouse gas reduction targets and having them validated by the Science Based Targets Initiative (SBTi) has doubled to 4,204 in 2023 (2022: 2,079). This extraordinary demand for corporate decarbonization standards and target validation services has prompted a major scale-up effort to rapidly ...
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Devold commits to SBTi
The Norwegian brand Devold has recently committed to setting its climate targets in line with the Science Based Targets Initiative (SBTi). This important commitment is the result of an internal decision to halve the company’s greenhouse gas emissions by 2030 and reduce them to zero by 2050. The SBTi supports ...
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SBTi report: 87% more companies set science-based goals in 2022
The Science Based Targets initiative (SBTi) reported a sharp rise in companies setting science-based targets in 2022, with 87 percent more having their targets validated (1,097), more than the entire previous seven years combined (1,082). In the SBTi Monitoring Report 2022, Japan emerged as a leader, with ...
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Article
Mips: Progressive supply chain strategy to reduce carbon emissions, new test facility in China
Mips, the Swedish helmet-based safety technology specialist, has unveiled its work on a holistic strategy that includes a model to determine and address carbon emissions generated during product development. This represents an opportunity for the company to better address its environmental impact. Because Mips outsources the manufacturing of its products, ...
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News briefs
Alpkit publishes sustainability report 2022
Source: Alpkit U.K. brand Alpkit has published its sustainability report 2022, an illustrated book that is mainly consumer-facing and aims for an understandable overview of the company’s sustainability journey, although following the GRI reporting standards more closely than before. In the compact report, the certified B Corp ...
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News briefs
SAC decarbonization program evolves: New decarbonization guide published
The Sustainable Apparel Coalition (SAC) has launched a new decarbonization guide (ready for download here) that aims to support the textile and apparel industry in committing to and delivering validated science-based targets (SBTs). The new guide is part of the SAC’s decarbonization program, launched last year, to drive SBT adoption ...
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News briefs
VF issues €500m green bond to support sustainability strategy
VF Corporation, whose brands include The North Face, Timberland and Napapijri, announced the closing of a €500 million green bond issuance, the second since its inception in 2020. An amount equal to the net proceeds from the emission will be used to support programs under the company’s sustainability and stewardship ...
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News briefs
SBTi webinar provides info on FLAG target setting
The Forest, Land and Agriculture Guidance (FLAG) introduced by the Science Based Targets initiative (SBTi) at the end of 2022 (as reported in OIC) provides a standard method to set science-based targets that include land-based emission reductions and removals (relevant also for the production of wood-based cellulosic fibers). According to ...