What is one of the most asked questions we have been getting the past few months? Not surprisingly, it is about what the changed political landscape in the United States means for corporate sustainability and corporate climate action. Will companies abandon their climate goals? Will they deprioritize sustainability? The people who ask me these questions […]
Green Strategies’ Vice President, Patrick Falwell, has been selected to serve on the Science-Based Target Initiative’s (SBTi) Expert Advisory Group that is providing advice and feedback to SBTi as it prepares new guidance for target setting to power sector companies. As one of 31 selected experts, Patrick is providing technical guidance using his understanding of […]
In March, the Securities and Exchange Commission adopted a final rule to enhance and standardize climate-related disclosures by public companies. The SEC says the rule responds to investor demands for information on the financial effects of climate-related risks and how a registrant manages those risks while balancing the associated costs of the rules. The final […]
SBTi released new guidance on the Beyond Value Chain Mitigation (BVCM), currently a recommendation – not a requirement – under their Net Zero Standard. Under SBTi’s definition and guidance, BVCM activities are not accounted for in a Scope 1-3 inventory and can include both carbon avoidance, reduction, and removal activities, including investments in and purchases […]
On April 9, 2024, the Science Based Targets initiative’s (SBTi) Board of Trustees released a statement explaining that SBTi “has decided to extend [environmental attribute certificate and instrument] use for the purpose of abatement of Scope 3 related emissions beyond current limits.” The Board implies that SBTi will reverse its long-standing guidance and allow a […]
