News / #science-based targets
The tool launches as companies struggle to measure and report Scope 3 emissions due to a lack of established methodologies.
The chief investment officer for AIA says there is "no U-turn" among corporates invested for the long term, even as political regimes change. Meanwhile, China officials say the world's biggest polluter will be "consistent" in its climate action.
The draft of its new Corporate Net-Zero Standard proposed the separation of Scope 1 and 2 reporting and expects companies to commit to using cleaner energy by 2040. It also addressed the use of carbon credits to address residual emissions.
碳与气候
Asia Pulp & Paper net zero goals approved by SBTi as Indonesian corporates affirm climate pledges
APP is Indonesia's first major resources firm to get its climate goals approved by the Science Based Targets initiative, although the targets do not yet include its biggest source of emissions. Rival RGE has also restated its climate commitments despite political signals of the country's retreat from the Paris Agreement.
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