Science Based Target setting for companies
Leading methodology to set 2°C GHG emissions targets
Use the leading methodology to set science-based targets for your organisation. Ecofys developed the Sectoral Decarbonization Approach (SDA) for the Science Based Targets initiative. The SDA methodology is unique, since it looks at sector-specific decarbonization pathways that are compatible with the 2°C threshold rather than applying a generic approach for all companies regardless of the nature of their operations. The SDA has been used by the majority of companies who have committed to set science-based targets.
More than 200 corporations have already signed up to the initiative which was launched by CDP, the UN Global Compact, the World Resources Institute (WRI) and WWF in 2015. The Science Based Targets initiative provides guidance for companies to set GHG emissions reduction targets in line with a 2°C decarbonisation pathway.
Apart from developing the methodology and accompanying tool, Ecofys is currently leading the implementation of the SDA methodology. Over the past year, we have applied the SDA to over 30 multinational companies in various sectors and regions:
Among the companies supported were Nokia, Kone, and the IPC.
Ecofys also leads the extension and refinement of the methodology for several sectors, like agriculture and forestry, freight transport, chemical and ICT sector. Also for the financial institutions, we are applying the SDA to align their investments with keeping global warming well below 2°C.