Science-Based Targets prove their worth as emissions come down

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By Jon Hay
29 Jan 2021

The power of Science-Based Targets as a sustainable finance tool was highlighted this week by research which showed for the first time that companies with SBTs are succeeding in cutting greenhouse gas emissions much faster than the wider economy. Many are even ahead of their own targets.

A study by the Science-Based Targets Initiative of 338 companies that have set SBTs, including Enel, Mastercard and Tesco, found that on average they have cut their emissions by 25% since 2015, saving 302m tonnes of CO2 equivalent — about 8% of total EU emissions.

During the same ...

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