Setting Science-Based Targets

How Long Can Companies Afford to Neglect Setting Science-Based Climate Targets?

The author

Giel Linthorst
Sustainable Industries and Services
+31 (0)6 11 366 935

This blog post was prepared with contributions from Vincent Hoen, Jeroen Scheepmaker, and Frank Stern.

During the last 3 years, more than 300 companies have signed up to participate in the Science Based Targets initiative. The combined revenue of these companies runs into the billions of US dollars and includes high ranking Fortune 500 companies like Walmart, HP, CVS Health, and Procter & Gamble. Why are these companies committing to science-based targets? Are they willing to publicly disclose their emissions and commit to reducing their environmental impact?

Increased awareness of environmental responsibility, especially following the Paris Agreement, has increased overall consumer, city, and business willingness to act. The corporate sector is embracing science-based targets as an instrument to provide objective guidance on how to react to increasing pressure to have a credible climate strategy. Science-based targets show the fair contribution of any company to limit global warming to 2° or even 1.5° Celsius.

In addition, science-based targets help companies do the following:

  1. Mitigate climate risks and ensure investor acceptance.
  2. Meet climate disclosure recommendations (e.g., from the Financial Stability Board).
  3. Improve business relationships.
  4. Become a more attractive employer.

Let’s look at these points in a greater detail.

Science-Based Targets Become Part of Overall Credit Rating

Globally, well-accepted rating instruments such as the Dow Jones Sustainability Indices and CDP Climate Leadership Index are integrating science-based targets into their ratings and awarding credits for companies having an approved science-based target. Not committing to science-based targets can lead to lower credit ratings and less client and investor attractiveness.

Science-Based Targets Will Be Part of Recommended Climate Risk Disclosure

The Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (FSB-TCFD) recommends companies perform scenario analysis on their portfolios to assess climate-related risks and opportunities. Setting science-based targets is the tool for meeting these recommendations, as science-based targets are based on the leading climate scenarios of the International Energy Agency. They provide key insights into the required transformations for a company and a direct link to climate risks and opportunities. By setting science-based targets, companies are also well-prepared for upcoming policies that make a climate impact disclosure mandatory.

Science-Based Targets Result in Improved Business Relationships

An important trend is companies not only focusing on their own operations but also on value chain impacts. For instance, Walmart’s Project Gigaton implemented a suppliers program to achieve its climate objective and science-based target. A solid climate strategy with a science-based target ensures that companies act in line with the demands of the purchasing departments of supply chain partners. Companies can develop more intimate client relationships and secure longer-term contracts when a science-based target is in place.

Sustainability Increases Employer Attractiveness

Last but not least, it is known that companies with a strong climate strategy will be more attractive not only for clients and investors, but also for (new) employees. Young professionals have a strong preference for companies with a green image. A science-based target is a great instrument to drive an ambitious sustainability program.

Benefits of Science-Based Targets

Science-based targets are being embraced on a large scale by corporate leaders because they provide the perfect framework for a credible climate and energy strategy. These targets are at the heart of climate-related risk disclosures and will continue to have an increasing effect on companies’ credit ratings. In addition, science-based targets ensure soft benefits, including communicative value, improved supplier relations, and a more attractive working environment. Acting now allows companies to join the ranks of sustainability leaders and show shareholders, investors, clients, suppliers, and employees that the company has a credible response to prevent climate change.

This blog post was also published at

81 reactions on 'Setting Science-Based Targets'

  • Charlesainsley 26-07-2018 at 13:59 Climate changemay be defined because the modifications in weather observed over a time frame. Climate trade is one of the critical issues in latest generation. Due to the big quantity of industries and improvement with out the right safeguards, the suroundings have emerge as completely polluted. Best coursework writing help
  • juliadave 28-07-2018 at 12:02 the whole thing right here is certainly high-quality. I could not have asked a hugely improved submit than this. i'm able to bookmark your net site and advocate to all my pals. ignment help
  • juliadave 28-07-2018 at 12:04 the whole thing right here is certainly high-quality. I could not have asked a hugely improved submit than this. i'm able to bookmark your net site and advocate to all my pals. ignment help
  • davidjoe 28-07-2018 at 12:04 This is a great picture! Very honest and practical.I really enjoyed this post.! it is so heart touching essay help and for me it is someting beyond a picture it is a message for me and i will never going to forget it.
  • Sophie bell 01-08-2018 at 12:20 This is something in particular that they should look forward to have, these target setups are perfect in this scenario I would love to post myself in this particular Custom Paper Writing Company have the same mindset which made them a successful venture because they tend to follow to the ideology mentioned above all others have to follow same method to get going in the market.
  • ignment Help 02-08-2018 at 08:55 If you are searching ignment help.You can suggest them to use different online sources to develop the reading habit in them. Using different online sources can be beneficial for their ignment help for a long run. Organise each topic in a story form to develop their interest in the cl.
    Online ignment Help
  • daniel clark 02-08-2018 at 11:42 This is where you might have started your search for ignment help.The previous consumers give their feedback on the website to let the other users know about the quality of their service. For example, if you go to the allignmenthelp Reviews, you can get to know the opinion of different users about their services. You can also check other websites to compare and select the best service for you.AllignmentHelp reviews
  • nis 07-08-2018 at 09:13 good article
  • Harry 07-08-2018 at 14:21 Interesting to know about the Science-Based Targets initiative. and we can see many companies have signed up to participate in this program. The corporate sector is embracing science-based targets as an instrument to provide objective guidance. Continue sharing more updates about this topic. flash player not working on chrome
  • anju chauhan 09-08-2018 at 10:06 This is very interesting process tomanage pwords in microsoft edge,you go to only setting in microsoft edge and submit manage my pword.
  • Umer ali 15-08-2018 at 14:47 Me SEO expert I have observed that, Many life sciences institutions are turning to cloud-based solutions as an advanced, secure and secure computing environment that also reduces their impact.
  • xbox codes free 17-08-2018 at 06:43 It is the best place to use the xbox code generatoronline if you are interested to use so click on our site and do enjoy.
  • Alinaolive 18-08-2018 at 14:15 We used to bob thoughts off of each other constantly, however in the event that I recall accurately, Pay For Homework Help these understudies straightforwardly replicated off of each other all the time.
  • David Smith 22-08-2018 at 12:28 As an added bonus, the four-gallon tank means this bike can comfortable cruise up to 280 miles between fill-ups. That means this bike could take you from LA to Vegas and back for less than $25. Los abogados de accidentes

  • Greg Smith 22-08-2018 at 12:34 The Z650 is really a sportbike in disguise because it shares the same basic parallel twin engine as well as a chis with the Ninja 650. The 400-pound machine has strong midrange thrust, which is just as helpful on a backroad as it is on a downtown commute. The light lever feel and standard slipper clutch means that downshifts will be smoother without the fear of over-revving the engine or partially locking up the rear tire. Those of smaller stature could use the Z650 as a daily rider since the low 30.9-inch seat height means it's easy to handle. In terms of style, we dig this bike's forward-looking design as well as the contrasting Kawasaki green paint on the frame rails—a very cool touch.
    Notary Public London lawyers
  • Sarah Eaves 22-08-2018 at 12:36 Triumph is on a serious roll. The all-new Bobber model, which launched earlier this year, has been a hot seller for the British brand, and Triumph pulls off that clic bobbed-fender hot rod style with very unique and finely executed details. It's minimalist and very tough-looking. A big part of the look comes from that floating hard tail-style seat, which is adjustable to fit a variety of rider sizes.
    Double Glazing Windows Glasgow
  • Charlie Smith 22-08-2018 at 12:36 The parallel twin sits in a unique chis and has 1200cc of displacement. The big twin makes 77 hp and 78 lb-ft of torque. That's not enough to outrun the most potent cruisers, especially since this beast weighs in around 500 pounds, but it's certainly enough to have plenty of fun.
    skip hire Glasgow
  • Oliver eash 22-08-2018 at 12:37 An even meaner-looking Bobber Black model has blacked-out trim, larger brakes, fork, and front wheel, and counter to what one might imagine, this old-school machine has cruise control, too. If there's one thing that's consistent among all Bobber models, it's quality. All the parts on this bike feel like they belong on a more expensive one.
    Manchester taxi hire
  • Gerorge jackosn 22-08-2018 at 12:37 The V-Twin has been punched-out to 896cc and delivers 95 hp as well as a boost in torque. The big twin sounds great through those cannon-like exhaust pipes, too. There are plenty of rough and rowdy naked machines that offer an edgier experience on the back roads. The Shiver might look as aggressive but it's really a mellower middleweight designed to be a bit friendlier for newer riders. The new Shiver not only has ABS but a tri-mode traction control system to help keep the tires on the road, and the new TFT display is a big improvement.
    Botox in Manchester city

  • Sophie Miller 23-08-2018 at 11:31 I thank you for the information! I was looking for and could not find. You helped me!
  • alley waren 25-08-2018 at 20:54 Do you know you can HACK any ATM Machine? We have a specially programmed ATM Card that can be use to hack ATM Machine, the ATM cards can be used to withdraw at the ATM or swipe at stores and POS. We sell this cards to all our customers and interested buyers worldwide, the card had a daily withdrawal limit of $5000 on ATM and up to $60,000 spending limit in stores with POS. And also it can be use to withdraw ((euros, pounds and dollars) you are in need of any other Cyber hack service, We are here for you anytime anyday. Contact us via email address: (blankatmhacked8930@gmail. com) or Whatsapp number +16315735774
  • rebeccahickshq 27-08-2018 at 02:52 Thank you for sharing your details and experience. I think it very good for me.bloons tower defense 5
    super smash flash 2
  • Homework 27-08-2018 at 11:28
    Thanks for sharing this useful article.
    Homework Anytime
  • aftab ali 02-09-2018 at 12:23 When you have grabbed the toothbrush, get some cleanser that is thought to be mellow by nature. ahtigames
  • Computer Science Project Help 04-09-2018 at 06:40 Things are very open and intensely clear explanation of issues. was truly information. Your website is very beneficial.
    Computer Science Project Help
  • Statistics Homework Help 04-09-2018 at 12:31 Dissertation Guidance Provides quality Online Dissertation Help for students.
    Statistics Homework Help
  • ford becky 06-09-2018 at 12:53 Dear Buyer/ Buyer mandate
    We currently have Available FOB Rotterdam/Hosuton for JP54,D2, D6, JetA1 with good and workable procedure, whereby buyer will dip test in seller tank with proof of product.
    Kindly Contact us via ( for SCO as soon as possible, so we can move to the next step.

    Anatoly Vyacheslav
  • ford becky 06-09-2018 at 12:54 Attention;

    We are certified, trustworthy,reliable, efficient, Fast and dynamic. I also give out loans from the range of $5,000USD- $5,000,000USD at a 3% interest rate. Duration of 1- 15 years depending on the amount you need as loan. If you are interested please contact us for more information.
    Get easy access to secure a genuine online funds services at an interest rate of 3%.

    Apply for the following Loan.

    Personal Loans (Secure and Unsecured)
    Business Loans (Secure and Unsecured)
    Consolidation Loan and many more.

    Becky Ford
    WhatsApp:+1 404 400 4210
  • Michael Jones 07-09-2018 at 07:34 Students often feel issues in writing ignment, so to make students comfortable in programming ignment we help them to write their ignments. If ever you feel any problem in writing something you can visit our website Programming ignment Help.
  • Remedies For Ear Infections 07-09-2018 at 22:19 I recently found many useful information in your website especially this blog page. Among the lots of comments on your articles. Thanks for sharing. Remedies For Ear Infections
  • Remedies for Dizziness 07-09-2018 at 22:26 This is a fantastic website and I can not recommend you guys enough. Remedies for Dizziness
  • Papaya Seeds 07-09-2018 at 22:34 Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work! Papaya Seeds
  • Pion Fruit 07-09-2018 at 22:40 Welcome to the party of my life here you will learn everything about me. Pion Fruit
  • Benefits of Mage 07-09-2018 at 22:46 Really impressed! Everything is very open and very clear clarification of issues. It contains truly facts. Your website is very valuable. Thanks for sharing. Benefits of Mage
  • Remedies for Stress 07-09-2018 at 22:53 It’s very informative and you are obviously very knowledgeable in this area. You have opened my eyes to varying views on this topic with interesting and solid content. Remedies for Stress
  • Remedies for Depression 08-09-2018 at 09:34 This post is good enough to make somebody understand this amazing thing, and I’m sure everyone will appreciate this interesting things. Remedies for Depression
  • Riya Roy 08-09-2018 at 09:56 In these days increased awareness of environmental responsibility, especially following the Paris Agreement, has increased overall consumer, city, and business willingness to act. So that the corporate sector is embracing science-based targets as an instrument to provide objective guidance. chrome keeps crashing
  • Baking Soda 08-09-2018 at 12:04 I would like to say that this blog really convinced me to do it! Thanks, very good post. Baking Soda
  • Posrtegee 09-09-2018 at 19:39 What I read I really liked it. Thank you for your information!
    northeastern university sat scores
  • preyasi 12-09-2018 at 12:12 Engineering as a subject combines mathematics, logic and science to find solutions to our daily life problems. Over the last few decades, engineering as a profession has seen vast expansion.

    Best Engineering college in Chandigarh
    Engineering Institute in Punjab
    Online cgc
    Top MBA College in chandigarh
    Mechanical Engineering college in Punjab
    Fashion technology in chandigarh
  • jasonroy 12-09-2018 at 19:39 People of USA love to read Marriage Jokes. Whether you are newly married or you are an old couple these jokes always create a great and pleasant bonding between couples. If you wife likes humor and jokes then you can explore our page for different variety of humor. Similarly, you can give a surprise to your husband by reading our amazing collection of marriage jokes in English language.

    If you are looking for husband and wife jokes in English you are at right place Marriage is considered as the most important relation between two human beings. This is such a relationship that lasts for the lifetime. Love between husband and wife is considered as most important.
  • Amanda Love 13-09-2018 at 17:25 Design your own Pillow Box Packaging along with our creative team by sharing your ideas and innovative thoughts. Our in-house creative directors ensure that they create a pillow box that is exactly what you are looking for. Have a logo or photograph printed on the pillow box to give it your signature look. You also get a 3D proof or a mockup of your design to see how your pillow box turns out to be before printing. These boxes for favors and gifts are made from high-quality material. Floral prints and strip prints designs work great for wedding reception or kid’s parties. Gold or silver foils are great to give your brand a premium look. For business giveaways, we have corrugated or flute stock material. For pillow box packaging, you have endless options to choose from .

    We have endless packaging options from design, coating to finished material. You can craft a pillow box that is exclusive to your brand or company. Even these pillow boxes are also ideal as favor boxes, anniversary boxes, newborn boxes or party giveaways.
  • Electric Hair straightening brush 14-09-2018 at 09:31 This blog impressed me and over exceeded my expectations to know more about home care tips and information.
  • Gdg 15-09-2018 at 12:41 Our academic pursuits, along with a range of extracurricular activities, help in honing a child's skills and ensuring that he/she grows to be a mature and responsible citizen.
    best cbse school in greater noida
    Premium school in greater noida
  • Apple Customer Support 15-09-2018 at 12:44 The piece of information you have shared is very interesting to read, thanks for sharing this kind of information. Hopefully, we get to read more information like this in the near future. I will visit your blog regularly for Some latest post.
  • Apple Support Number 15-09-2018 at 12:46 These type of articles raises the interests of the users on the website. I found this one as a very useful and informative blog which will definitely go into my collection. Please keep on writing more content like this in the future.
    Apple Customer Support Number
  • james lara 18-09-2018 at 09:46 It is the brilliant blog. I like the way you express information to us. It is very useful to me. You are doing a great job and thanks for sharing.
    Subway Surfers PC
  • plumbproud 18-09-2018 at 12:52 Excellent information on your blog, thank you for taking the time to share with us. Amazing insight you have on this, it's nice to find a website that details so much information about different artists.
    Plumber In Northampton
  • C Project help 18-09-2018 at 14:34 I personally like your post; you have shared good insights and experiences. Keep it up.
    C Project help
  • aftab ali 18-09-2018 at 16:49 the makers of different cell phones construct their devices in light of different stages. bet377
  • Kuznetsov GAVRIIL Mikhailovich 19-09-2018 at 09:00 I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply.

    1) JP54
    2) JPA1
    3) MAZUT
    4) AGO
    5) LNG
    6) LPG
    7) D2
    8) D6
    9) REBCO
    10) EN590

    Please contact us via our official email address.


    Kuznetsov GAVRIIL Mikhailovich
  • run 3 online 20-09-2018 at 06:32 Good article, I would love to read this article. It contains a lot of useful information. Helped me a lot.
    run 3 online
  • renuk sing 20-09-2018 at 12:47 Our journey started as frontrunner to bring Apple technology to the Indian subcontinent. Today, SRSG has emerged as one of the leading full-service player offering an array of products and services for system integration, broadcast consultancy, IT infrastructure services, maintenance services and digital archiving services for the broadcast industry.
    Broadcast consultancy
    Audio equipments in india
    Apple reseller in delhi
    FM Channel License
    Mac pro reseller in Ahmedabad
    MacBook pro reseller in delhi

  • xeniia 21-09-2018 at 04:20 feel regret I did not know this before I read your article, thank for sharing fanfic
  • geeta 22-09-2018 at 08:18 The piece of information you have shared is very interesting to read, thanks for sharing this kind of information. Hopefully, we get to read more information like this in the near future. I will visit your blog regularly for Some latest post. free gift code generator and free gift card generator and free gift card generator
  • nivi 24-09-2018 at 06:11 best hotels near me
  • Lauren 24-09-2018 at 14:57 I actually love the idea that more and more corporate companies are submitting to the idea of having a science-based target initiative. This will not only benefit their company (driving more investors) but also they are contributing to a less and less possibility of climate change. I, myself, promote awareness to my fellow workers on how they can help the environment especially that our job has a lot to do with landscaping.
  • John Frodo 25-09-2018 at 12:42 Very nice information explained with detail. Thanks for sharing
  • dax 26-09-2018 at 13:16 Your post helped me to get some information about the topic. I think They provide key insights into the required transformations for a company and a direct link to climate risks and opportunities.Epson Printer Troubleshooting
  • JSUN P 27-09-2018 at 23:06 Really appreciate the content of this article, the information you’ve posted can be a big help to us. We at Jensen Exterior take this seriously. Jensen Exterior Thank you so much!
  • Deewana tha ek 29-09-2018 at 16:46 Thanks a lot for sharing it, that’s truly has added a lot to our knowledge about this topic. Have a more successful day.
    ignment help Thanks
    Yeh Rishta Kya Kehlata Hai Episode
  • Deewana tha ek 29-09-2018 at 16:47 If you don"t mind proceed with this extraordinary work and I anticipate a greater amount of your magnificent blog entries
    Kasauti Zindagi Ki Episode
  • Deewana tha ek 29-09-2018 at 16:47 Thanks for this article. It contains the information i was searching for and you have also explained it well.

    Kasauti Zindagi Ki Episode
  • JCBG2018 01-10-2018 at 06:52 This is Awesome! Thank you so much for sharing this article with us. Texas Roof Systems Really appreciated it! Click Here
  • Kevin 01-10-2018 at 18:53 Thank you for sharing such a compelling and well written article

    Drainage Unblocking Companies Newcastle
  • Brandon 02-10-2018 at 06:36 Really appreciate the content of this article, the information you’ve posted will be a big help to me. Thank you so much!
  • Brandon 02-10-2018 at 06:37
  • BG2018 02-10-2018 at 06:50 Fantastic!! Really think every point you came across here was communicated excellently. More Information Keep up the good work! Roofing Company Midland
  • Miabarak 02-10-2018 at 09:12 The snippet of data you have shared is exceptionally intriguing to peruse, much obliged for sharing this sort of data. Ideally, we get the chance to peruse more data like this sooner rather than later.Someone Write My Essay UK
  • Online SPSS Project Help 02-10-2018 at 14:48 I appreciate your efforts in preparing this post. I really like your blog articles.
    Online SPSS Project Help
  • Wickey 03-10-2018 at 07:59 [url=] google[/url]

  • Mickey James 03-10-2018 at 08:01 After the trouble I got it. $1 domain name service at avery minimum price.
  • Taniya Khan 05-10-2018 at 09:23 The article has actually drawn my interest. I am going to bookmark your web site and maintain checking for brand new information. Thanks for publishing this details.
    Escorts in Delhi
  • Jacob liam 05-10-2018 at 13:28 Many times students are tensed for their projects and ignments, so at that time they can take online ignment help to complete it on time. There are experts available online who prepare the perfect ignment for you. ignment Help
  • Ca Mike 06-10-2018 at 09:17 Interesting article, thank you for sharing.
    run 3
  • johnk21 10-10-2018 at 12:50 Hi admin,
    A very well article written.
    You have done a good research on this topic.
    Amazing writing skills shown.
    Here is a piece of my writing What is malware?.
    Do let me know your views on it.
  • Caste2018 11-10-2018 at 00:36 Really appreciate the content of this article, the information you’ve posted will be a big help to me. Allen Pool Care Thank you so much!
  • Jack 14-10-2018 at 14:33 Thank you so much for writing this article - keep up the excellent work!
    Bird Control Newcastle
  • James 14-10-2018 at 14:42 Interesting article - personally i believe government intervention is the only way to protect us against climate change

    Tree Surgeons Oxford
  • smith 15-10-2018 at 07:14 I totally agree with author opinion about this subject and I think that it would be really interesting to create 1 dollar domain discussion with other this website visitors. Anyway thanks a lot one more time for the great.
  • Kuznetsov GAVRIIL Mikhailovich 15-10-2018 at 13:12 Our company PETROLEUM CORP is the most viable and efficient connection between real buyers and sellers for all principal energy commodities. We trade in several commodities not limited to AVIATION KEROSENE’S, namely,

    JET FUEL (JP54),
    MAZUT etc.

    and also in BONNY LIGHT, OTHER CRUDES AND COALS. We currently serve any world port. If you are a buyer or direct mandate to a performing buyer please feel free to contact us.

    Please contact us via our official email address.


    Kuznetsov GAVRIIL Mikhailovich

Add comment

  • Your e-mail address will not be published.