Getting Started Guide For The Sbti Net-zero Standard
GETTING STARTED GUIDEFOR THE SBTI NET-ZEROSTANDARDVersion 3.1 April 2022Getting Started Guide for the SBTi’s Net-Zero ence-based-targetsinfo@sciencebasedtargets.org
VersionRelease datePurposeUpdates on earlier version1.015/07/2021Road test-1.123/07/2021Road testClarification on 5–10-year timeframe for near-termSBTs, timeline updates, minor updates to spellingand grammar, minor updates to Appendix III.2.020/09/2021PublicconsultationUpdated to remove references to the road test.Renamed to “Getting usion of “Getting Ready for Net-ZeroValidation”. Updates to scope 3 boundary criteria.General clarity and design updates.1/4/2022Updates afterStandardlaunchUpdates related to the FLAG sector, ICT sector,sector pathway release dates, terminology formethodologies and removal of any references toVoluntary Ambition Updates.3.1Getting Started Guide for the SBTi’s Net-Zero ion 3.1 April .org
ABOUT THE GETTING STARTED GUIDEThis document is designed as a simple, easy-to-use guide for companies to supportcompanies in setting net-zero targets aligned to the SBTi’s Net-Zero Standard.It is complementary to both the SBTi Corporate Net-Zero Standard document and the Net-ZeroStandard Criteria. Companies should also refer to the SBTi’s Corporate Manual and the SBTicriteria when setting targets.The table below outlines the sections contained within this document.Page #TitleDescription1Getting Started withthe SBTi’s Net-ZeroStandard (1/2)2Setting near-termscience-based targetsfor net-zeroThis section describes key differences between near-term sciencebased target criteria in the Net-Zero Standard in comparison toprevious versions of SBTi criteria to understand whether companiesmeet the new requirements.3Getting Started withthe SBTi’s Net-ZeroStandard (2/2)This section explains the first steps towards getting ready to modellong-term science-based targets.4Setting long-termscience-based targetsfor net-zeroThis section describes the methods that companies can use to setlong-term targets and how they can be applied.5Key criteria for nearand long-term sciencebased targetsThe section summarizes the target boundary, time frame, methodeligibility and minimum ambition requirements for near-term and longterm science-based targets.6Planned 1.5 Cpathways for sciencebased targetsThis section describes the status of sector-specific pathways that theSBTi has, or is in the process of developing, that companies can useto set both near and long-term science-based targets aligned to1.5 C.7-9Sector-specificrequirements forsetting long-termscience-based targetsThis table, split into three pages, describes the SBTi’s sector-specificrequirements related to the use of target-setting methodologies andminimum ambition levels.10Getting ready for netzero target validation(1/3)This section is aimed at companies that already have validated nearterm science-based targets. These questions are essential checksthat companies must go through before beginning the validationprocess.11Getting ready for netzero target validation(2/3)This section is aimed at companies that already have validated nearterm science-based targets. It describes conditions that are importantfor companies to review to understand if they have triggered a targetrecalculation.12Getting ready for netzero target validation(3/3)This section is aimed at companies that already have validated nearterm science-based targets. Companies may not be required toupdate their targets based on the answers to these questions butdoing so will help align with best practice and the latest climatescience.This section walks companies through organisational level checks tounderstand whether they are eligible to set net-zero targets under theSBTi’s Net-Zero Standard.Getting Started Guide for the SBTi’s Net-Zero ion 3.1 April .org
GETTING STARTED W ITH THE SBTI'S NET-ZERO STANDARDNGO, ot her publicorganizat ion, etc.The SBTi does not currently assesstargets for cities, local governments,public sector institutions, educationalinstitutions, or non-profit organizations.However, we still encourage thesestakeholders to use the science-basedtarget setting methods detailed in theSBTi Corporate Manual and the Net-ZeroSt andard document . Cities can registerinterest in setting targets through theScience Based Target s Net work (SBTN).W hat t ype of organizat ionare you?Financial Inst it ut ionThe SBTi Guidance for FinancialInst it ut ions outlines requirements fornear-term SBT-setting for both scope1 2 and scope 3 near-term targets forfinanced emissions. The SBTi?s FinancialSector project is developing separateNet-Zero resources for financialinstitutions.Company orst ate-ow ned enterpriseAre you a parent companyor a subsidiary?SubsidiaryParent companyThe SBTi recommends that companiessubmit targets at the parent or group level.Parent companies must include theemissions of all subsidiaries in their targetsubmission in accordance with boundarycriteria detailed in the SBT Criteria andRecommendat ions and t he Net-ZeroSt andard Criteria. See the TargetValidat ion Protocol for more details.Are you in t he Oil & Gassector?YesNoCompanies in the Oil & Gas sector mustwait for upcoming guidance in order tosubmit targets for validation. See theSBTi Oil & Gas webpage for the latestinformation.How many employees arein your organizat ion?Fewer t han 500 employeesMore t han 500 employeesThe SBTi defines a non-subsidiary,independent company with fewer than500 employees as a Small andMedium-Sized Enterprise (SME). SMEsmust submit commitments for bothnear-term and net-zero targets througha simplified, dedicated route using theSME Commitment Letter. See our SMEFAQs for more information.Have you set near-termscience-based t arget s?NoYesThe first step in committing to net-zero issetting a near-term SBT. To meet therequirements of the Net-Zero Standard,near-term SBTs must be 1.5 C-alignedand the target year must be 5-10 yearsfrom submission. Detailed info on allnear-term SBT criteria can be found in theSBT Criteria and Recommendat ions (seeNet-Zero St andard Criteria for additionalrequirements). See our SBTHow-to-guide for the step-by-stepprocess.Do you w ish to set t arget saligned w it h t he Net-ZeroSt andard?YesDo your near-term SBTsalign w it h t he Net-ZeroSt andard criteria?Not sureYesCheck the next page to see if yourcurrent near-term SBTs are aligned withcriteria (following the Net-ZeroStandard). If you wish to commit tonet-zero, and your current near-termSBT does not meet the Net-Zero criteria,complete t he SBTi Near-Term TargetUpdate Form .See next pageGetting Started Guide for the SBTi's Net-Zero ion 3.1 April 2022/ science-based-targetsinfo@sciencebasedtargets.org1
SETTING NEAR-TERM SCIENCE-BASED TARGETS FOR NET-ZEROTo align w it h t he Net-Zero St andard, your company's current near-term science-based t arget s must meet t he near-term criteria int he Net-Zero St andard and current SBTi Criteria. These criteria are more ambit ious t han t he previous SBTi Criteria (version 4.2) toensure t hat t he right act ions are t aken in t he short-term to limit w arming to 1.5 C and reach net-zero by 2050. These criteria w ill applyto all companies set t ing science-based t arget s, regardless of w het her t hey aim to align w it h t he Net-Zero St andard, from July 2022.Version 4.2 of SBTi criteriaNear-term SBT criteria w it hin t he Net-Zero St andardW hattemperat uregoal should yourcompany alignit s scope 1 & 2t arget s to?Well-below 2 C minimum1.5 C minimumIn V4.2 of SBTi criteria, companies could usethe Absolute Contraction Approach (ACA) toset well-below 2 C targets.Any company (except those in the power andFLAG sectors) can use the cross-sectorabsolute reduction method to set 1.5 Ctargets.Companies in the following sectors coulduse sector-specific intensity convergencemethods to set well-below 2 C targets:power, transport, buildings, iron & steel,cement, aluminum, pulp & paper.Only companies in the power sector maycurrently use sector-specific intensityconvergence methods to set 1.5 C targets.See the Planned 1.5 C Pathways (page 6) formore details.W hat is t het arget t imeframe for yournear-term SBTs?W hattemperat uregoal should yourcompany alignit s scope 3t arget s to?5-15 years from submissionIn V4.2 of SBTi criteria, companies could setSBTs with a 5-15 year time frame from thesubmission.5-10 years from submissionNear-term SBTs must have a 5-10 year timeframe from submission. Companies t hatalready have validated SBTs are notrequired to update t arget s to meet t hereduced t ime frame requirement s.2 C minimumWell-below 2 C minimumIn V4.2 of SBTi criteria, companies could setscope 3 targets consistent with the level ofdecarbonization required to keep globaltemperature increase to 2 C.Near-term SBT scope 3 targets must bealigned with well- below 2 C or moreambitious scenarios. Supplier engagementtargets are eligible.For more det ails see:1.Foundations of SBT Setting2.SBTi Corporate Manual3.SBTi Criteria4.Target Validation Protocol5.SBTi Tool6.SDA paper7.Sector specific guidanceGetting Started Guide for the SBTi's Net-Zero ion 3.1 April 2022/ science-based-targetsinfo@sciencebasedtargets.org2
GETTING STARTED W ITH THE SBTI NET-ZERO STANDARDAfter ensuring near-term science-based t arget s align w it h t he Net-Zero St andard requirement s, companies should t henfocus on t he next steps tow ards set t ing long-term science-based t arget s. This sect ion explains t he first steps tow ardsget t ing ready to model your long-term science-based t arget s.Have you completed a fulland recent GHGinventory/ screening?NoA company-wide scope 1 and 2 emissionsinventory must be completed as defined bythe GHG Protocol Corporate St andard andthe GHG Protocol Scope 2 Guidance .Companies must complete a scope 3screening for all relevant categoriesconsidering the minimum boundary ofeach category per the GHG ProtocolCorporate Value Chain (Scope 3)Account ing and Report ing St andard.Companies may use the GHG ProtocolScope 3 Guidance, Scope 3 Evaluator, andCDP Supply Chain Program as resources.YesNot sureAll relevant scope 3 sources must becalculated before submitting targets tothe SBTi. See Table 6.1 (page 61) of theGHG Protocol Corporate Value Chain(Scope 3) Account ing and Report ingSt andard for criteria to identify relevantscope 3 activities.Have you included allrelevant scope 3 act ivit ies?Offset sOffsets should be reported separately inthe annual GHG inventory. Offsets do notcount towards emission reductions.AvoidedemissionsAvoided emissions must be excluded frominventory and do not count towardsemissions reductions.YesDoes your inventory includeany of t he follow ing?BioenergyDirect emissions from bioenergy must bereported separately from inventory. Seethe SBTi Criteria and the TargetValidat ion Protocol for details.Not sureFLAG emissions are emissions fromForestry, Land and Agriculture. Emissionsfrom FLAG follow a separate emissionsmitigation pathway that includes bothreductions and removals.Because of this, FLAG emissions must bedisaggregated within the GHG inventory toset separate FLAG-specific SBTs. SeeGHG Protocol Carbon Removals and LandSector Initiative and FLAG projectwebpages for more information.NoDoes your company havesignificant FLAG emissions?Opt ionalscope 3emissionsOptional scope 3 emissions, e.g. indirectuse-phase emissions in "Use of SoldProducts, must be reported separatelyfrom emissions in the minimum boundaryof each scope 3 category in the TargetSubmission Form . See Table 5.4 (page 35)of the GHG Protocol Corporate ValueChain (Scope 3) Account ing andReport ing St andard for an explanation ofoptional emissions for each scope 3category.YesSee next page for moreinformat ion on how to modellong-term SBTs.Getting Started Guide for the SBTi's Net-Zero ion 3.1 April 2022/ science-based-targetsinfo@sciencebasedtargets.org3
SETTING LONG-TERM NET-ZERO SCIENCE-BASED TARGETSCompanies must set long-term science-based t arget s t hat align to 1.5 C for a year no later t han 2050 as part of t heir net-zerocommit ment . These t arget s cover a minimum of 95% of scope 1 & 2 emissions, and 90% of scope 3 emissions. See t he next pagefor more informat ion on criteria. This page describes t he met hods t hat companies can use to set long-term t arget s and how t heycan be applied.Met hod nameMore about t he met hodW hat t ype of companycan use it ?W hich emission scopesdoes it apply to?Cross-sector absolutereduct ionAbsolute emissions are reducedby an amount that is, atminimum, consistent with thecross-sector pathway. Alsoreferred to as ?absolutecontraction?.The minimum reduction iscalculated as an overall amount(e.g., 90% overall for thecross-sector pathway).All companies, except forcompanies in power or FLAGsectors.All scopesSector-specificabsolute reduct ionAbsolute emissions are reducedby an amount that is, atminimum, consistent with asector-specific pathway.Food, Land and Agriculture(FLAG), Iron & Steel, Cement andBuildings (services & residential).All scopesRecommended for companies inheavy-emitting sectors, or companieswith a significant proportion ofemissions attributed toheavy-emitting sectors. See box forplanned commodity pathways andpg. 6 for other sector pathways.All scopesSector-specificintensit y convergencePhysical emissions intensity targetsare calculated based on allcompanies in a sector converging toa sector-specific emissions intensityby 2050 or sooner (2040 for thepower sector). Also referred to as?physical intensity convergence?or?SDA?For long-term targets, the targetemissions intensity is equal to thesector's emissions intensity in 2050(2040 for the power sector).Planned commodit y pat hw ays-BeefChickenDairyCorn-PorkPalm oilRiceW heat- Soya- Wood fiberRenew able elect ricit yCompanies actively procure atleast 80% renewable electricity by2025 and 100% renewableelectricity by 2030.All companiesScope 2Scope 3 economicintensit y reduct ionEconomic emissions intensityis reduced by an amount thatis, at minimum, consistentwith limiting warming to 1.5?C.The minimum reduction iscalculated as an overall 97%reduction.All companiesScope 3Scope 3 physicalintensit y reduct ionPhysical emissions intensity isreduced by an amount that is,at minimum, consistent with1.5?C. The minimum reductionis calculated as an overall 97%reduction.All companiesScope 3Getting Started Guide for the SBTi's Net-Zero ion 3.1 October 2021/ science-based-targetsinfo@sciencebasedtargets.org4
KEY CRITERIA FOR NEAR- AND LONG-TERM SCIENCE-BASED TARGETSThe t able below is a summary of t he t arget boundary, t ime frame, met hod eligibilit y and minimum ambit ion requirement s for near- and long-term SBTs. For more det ailon absolute act ivit y pat hw ays and physical intensit y convergence pat hw ays see t he Net-Zero St andard document .Scope 1 and 2Near-termNear-termscience-basedSBTst arget sTarget boundary95% coverage of scopes 1 2If scope 3 40% of total emissions: boundary to cover min. 67% ofscope 3.Target year5 ? 10 years from date of submission5 ? 10 years from date of submissionAbsolutereductionMethodMet hodeligibilit yandminimumambit ionEligibility andmin. ambitionLong-termLong-termand net-zeroscience-basedt arget sScope 3- 4.2% linearannualreduction (LAR)Sector-specificintensityconvergence- Depends onsector andcompanyinputsRenewableelectricity(scope 2 only)- 80% RE by2025- 100% RE by2030Cross-sectorabsolutereductionSector-specific Supplier orintensitycustomerconvergenceengagement- Depends onsector andcompanyinputs (SDA)- 2.5% LARTarget boundary95% coverage of scopes 1 290% coverage of scope 3Target year2050 or sooner (2040 for the power sector)2050 or soonerAbsolutereductionMethodMet hodeligibilit yandminimumambit ionEligibility andmin. ambition- 90% reduction(cross-sectorpathway)- 72% reductionfor FLAG- Other sectorpathways ectricity(scope 2 only)- Sector /commodity- 100% REpathways varyCross-sectorabsolutereductionSector-specific Supplier orintensitycustomerconvergenceengagement- 90% reduction(cross-sectorpathway)- 72% reductionfor FLAG- Other sectorpathways vary- Sector /commoditypathwaysvaryNot eligibleGetting Started Guide for the SBTi's Net-Zero Standardsciencebasedtargets.org- e.g. 80% ofsuppliers byemissions by2025- Methods arenot eligiblefor long-termSBTs1.5 C ambitionScope 3physical andeconomicintensityreduction- 7%year-on-year(both options)Scope 3physical andeconomicintensityreduction- 97% reduction(both options)Well-below 2 C ambitionVersion 3.1 April 2022@ScienceTargets/ science-based-targetsinfo@sciencebasedtargets.org5
PLANNED 1.5 C PATHWAYS FOR SCIENCE-BASED TARGETSThe SBTi has developed various 1.5 C pat hways for science-based targets in high-emitting sectors for near and long-term targets. Additional 1.5 Cpathways are due to be published, or are still in the scoping phase.IPCC SECTORSBT SECTORPATHWAYGUIDANCESector-specific pathway eligible forDocuments to support target settingprocessNEAR-TERM SBTsAFOLULONG-TERM SBTsTimber / wood fiberJune 2022June 2022Land and agricult ureJune 2022June 2022Agricult ural commodit iesJune 2022June 2022Q3 2022Q3 2023Iron and steelApril 2023April 2023CementJune 2022June 2022BUILDINGSBuildingsINDUSTRYChemicalsAugust 2023August 2023August 2023Marit ime t ransportQ2 2022Q2 2022Q2 2022Aviat ionQ3 2022Q3 2022Q3 2022Road and rail t ransportTRANSPORTOTHER ENERGYOil and gasELECTRICITY ANDHEATPower generat ionApparel and foot wearOTHER SECTORSICT1.5 C sector pathway(s) available1.5 C sector pathway(s) plannedSector uses cross-sector pathwayGuidance completeGuidance release date knownGuidance planned, no timeline availableGetting Started Guide for the SBTi's Net-Zero Standardsciencebasedtargets.orgVersion 3.1 April 2022@ScienceTargets/ science-based-targetsinfo@sciencebasedtargets.org6
SECTOR-SPECIFIC REQUIREMENTS FOR SETTING LONG-TERM SCIENCE-BASED TARGETSSector-specific guidance and methods for long-term SBTs are currently available for many sectors. All new sector-specific guidance that becomes available will be uploaded tothe sector development page on the SBTi website. The SBTi has sector-specific requirements related to the use of target-setting methodologies and minimum ambition levels.Eligible met hodsSectorApparel and foot wearBuildingsGuidance/ NotesOptional guidance is available for companies in the appareland footwear sector.See ?All other sectors?.W hen setting long-term SBTs, companies in these sectors arerecommended to set absolute or intensity targets using the residentialbuildings pathway, service buildings pathway, or cross-sector pathway(absolute targets only).Real Estate Investment Trusts (REITs) wishing to set targetsmust specify if they are a mortgage-based REIT or anequity-based REIT. Equity REITs must pursue the regulartarget validation route for companies. Mortgage REITs mustinstead utilize the Financial Institutions guidance for settingSBTs.The SBTi is developing guidance for companies and sectorsof the built environment.CementW hen setting long-term SBTs, companies are recommended to setabsolute or intensity targets using the cement pathway, or cross-sectorpathway (absolute targets only).The SBTi is developing guidance for companies in thecement sector.ChemicalsSee ?All other sectors?.The SBTi is developing guidance for companies in thechemicals sector.The SBTi is developing a Net-Zero Standard for financial institutions andcannot validate targets for this sector before the guidance is completed.The initiative defines a financial institution as one engaging ininvestment activities as part of its core functions. Theseinclude the following:1.Asset management/ asset owners2.Retail and commercial banking activities3.Insurance companies (when functioning asset managers)4.Mortgage real estate investment trusts (REITs)Additionally, if at least 5% of a company?s revenue comesfrom activities such as those described above, they would beconsidered a financial institution.Financial Inst it ut ionsGetting Started Guide for the SBTi's Net-Zero Standardsciencebasedtargets.orgVersion 3.1 April 2022@ScienceTargets/ science-based-targetsinfo@sciencebasedtargets.org7
SECTOR-SPECIFIC REQUIREMENTS FOR SETTING LONG-TERM SCIENCE-BASED TARGETSEligible met hodsSectorGuidance/ NotesCompanies with significant FLAG emissions will be required to set FLAGtargets separate from their SBTs that cover all non-FLAG emissions.FLAG targets must use the FLAG-sector pathway (absolute targets) or aForest , Land-use & Agricult ure commodity pathway (intensity targets).(FLAG)Commodity pathways will be available for beef, dairy, pork, chicken,roundwood, rice, soy, palm oil, maize, and wheat. Forestry and timbercompanies will be required to use the intensity convergence method forroundwood.The FLAG sector guidance is expected to be finalized inJune 2022.Fossil Fuel Sale/Transmission/ Dist ribut ionIn addition to guidance for the primary sector, scope 3 targets must beset on scope 3 category 11 ?use of sold products?emissions usingabsolute contraction.Companies must set targets for scope 3 category 11,irrespective of the share of these emissions compared tothe total scope 1, 2 and 3 emissions of the company.Separate scope 3 targets may need to be set in this case.Informat ion andCommunicat ion TechnologyProvidersSee ?All other sectors?.Optional guidance is available for companies in the ICTsector.Iron and SteelW hen setting long-term SBTs, companies in these sectors arerecommended to set absolute or intensity targets using the iron andsteel pathway, or cross-sector pathway (absolute targets only).The SBTi is developing guidance for companies in the steelsector.Oil and GasCompanies in this sector include ? but are not limited to ?integrated oil and gas companies, integrated gasThe SBTi is developing a new methodology for companies in the oil andcompanies, exploration and production pure players,gas sector to set science-based targets. Currently, the SBTi is unable torefining and marketing pure players, oil productsaccept commitments or validate targets for companies in the oil and gasdistributors, gas distributors and retailers and traditional oilor fossil fuels sectors.and gas service companies. Please see the Oil and Gassector page on our website for more information.Getting Started Guide for the SBTi's Net-Zero Standardsciencebasedtargets.orgVersion 3.1 April 2022@ScienceTargets/ science-based-targetsinfo@sciencebasedtargets.org8
GETTING READY FOR NET-ZERO TARGET VALIDATIONThis sect ion is aimed at companies t hat already have validated near-term science-based t arget s t hat would like to submitlong-term t arget s as part of a net-zero commit ment . The follow ing quest ions are essent ial checks t hat companies must got hrough before beginning t he validat ion process.QUESTION1. Do your current near-termscience-based t arget s meet t heNet-Zero St andard?s ambit ionrequirement s?RESPONSEACTIONYes, my scope 1 & 2 targets align with 1.5?Cand my scope 3 targets align with at leastwell-below 2?CGo to question 4.No, my scope 1 & 2 targets do not align with1.5?C and / or my scope 3 targets do notalign with at least well-below 2?CGo to next question.YesGo to next question.NoPlease resubmit your near-term targets forvalidation using this form to align with 1.5?C inscope 1 & 2, and at least well-below 2?C inscope 3.YesGo to next question.NoPlease resubmit your near-term targets forvalidation using this form to align with at leastwell-below 2?C.Yes, and we?ve found that our targets needto be recalculated and revalidated.Please resubmit your near-term targets forvalidation using this form .Yes, and we are confident our targets areconsistent with best practice and the latestclimate science.Go to next question.NoPlease review your targets to check they areconsistent with best practice and the latestclimate science.N/ A, my target was validated less than 5years ago.Go to next question.2. Did you company commit to t heBusiness Ambit ion for 1.5?Ccampaign via Opt ion 2?3. Do your validated t arget s alignw it h at least well-below 2?C?4. If your t arget w as validated moret han five years ago, have youreviewed your t arget s incompliance w it h t he SBTi?s?mandatory t arget recalculat ion"criteria?5. Do you w ish to make any ot heramendment s to your currentnear-term SBTs? E.g. addit ion oft arget s, change in base year,amend base year inventory.YesGo to next page.NoGetting Started Guide for the SBTi's Net-Zero ion 3.1 April 2022/ 0
GETTING READY FOR NET-ZERO TARGET VALIDATIONThis sect ion is aimed at companies t hat already have validated near-term science-based t arget s t hat would like to submitlong-term t arget s as part of a net-zero commit ment . The follow ing condit ions are import ant for companies to review tounderst and if t hey have t riggered a t arget recalculat ion.Since submitting your near-term SBTs to the SBTi,have any of the following occurred:RESPONSEYESThe base year or t arget year of your t arget has changedNOSignificant changes to your base year inventory. The SBTi uses a 5% materialit yt hreshold across scopes 1 to 3 to determine significance (N.B. t his excludes organicgrow t h).This could have occurred due to significant organizational changes from mergers,acquisitions, or divestitures, or for other reasons such as improved data availability.YESNOYESScope 3 emissions became 40% or more of overall scope 1, 2, and 3 emissions.NOExclusions in t he inventory or t arget boundary have changed significant ly and/ orexceeded allow able exclusion limit s (more t han 5% of scope 1 and 2 emissionsand/ or more t han 33% of scope 3 emissions).Significant changes in company st ruct ure and act ivit ies t hat would affect t hecompany?s t arget boundary or ambit ion (e.g. acquisit ions, divest it ures, mergers,insourcing or out sourcing, shift s in product or service offerings).Significant changes in dat a used to calculate t he t arget s such as grow t hproject ions (e.g. t he discovery of significant errors or several cumulat ive errors t hatare collect ively significant ).YESNOYESNOYESNOYESOt her changes to project ions/ assumpt ions used w it h science-based t arget set t ingmet hods.NOIf you answered YES to ANY of t he above, you have t riggered a t arget recalculat ion, and we askt hat you recalculate and resubmit your near-term science-based t arget s for revalidat ion usingt his form.**Please note t hat companies are eligible to resubmit near-term t arget s as part of a net-zero package submission.Getting Started Guide for the SBTi's Net-Zero ion 3.1 April 2022/ 1
GETTING READY FOR NET-ZERO TARGET VALIDATIONThis sect ion is aimed at companies t hat already have validated near-term science-based t arget s t hat would like to submitlong-term t arget s as part of a net-zero commit ment . Although companies may not be required to update their targets based onthe answers to these questions, doing so will help align with best practice and the latest climate science. Considering thesequestions will help prepare for the validation process and ensure it runs as smoothly as possible.QUESTIONRESPONSEACTIONAre your t arget s st ill represent at ive ofyour business model and realist ic givenyour current mit igat ion st rategy?YesGo to next question.NoGo to next question.YesDo your near-term SBTs use a base yearbefore 2015?NoWould you like to update t het imeframe of any of your near-termt arget s? In part icular, are youapproaching your near-term t argetdate?YesNoYesCompanies do not have to setnear-term scope 3 t arget s if scope 3emissions represent less t han 40% oftot al emissions. Does t his sit uat ionapply to your company?Companies should assess whether they are ontrack to meet rapidly approaching targets. If youwould like to update the timeframe of your targets,use the target resubmission process.Go to next question.Companies in this situation may wish to setnear-term scope 3 targets as part of their net-zerocommitment to complement their long-termtargets.Go to next question.N/ A, my company's scope 3 emissionsrepresent more than 40% of total emissionsso we are required to have a scope 3 target.Go to next question.YesPlease check that your targets still meet theambition requirements of the current SBTi Tool. Ifthey do not meet updated requirements, weencourage you to consider resubmitting yourtargets.NoGo to next question.Yes, and there have been developments inmy sector that impact my targets.We encourage you to update and resubmit yourtargets to meet updated sector requirements.Yes, and there haven't been anydevelopments in my sector that impact mytargets.Congratulations! You've completed all the necessarychecks on your validated near-term SBTs to prepareyou for net-zero target validation.NoThe SBTi encourages you to review our sectorguidance page and the SBTi criteria forsector-specific requirements before proceeding.Getting Started Guide for the SBTi's Net-Zero Standardsciencebasedtargets.orgGo to next question.Yes, but we've already set scope 3 targets.Did your company model t arget s usingintensit y met hods (in part icular usingt he Sectoral Decarbonizat ionApproach)?Have you reviewed any sector-specificguidance to check for applicableupdates?If the base year of your near-term target is before2015, you may want to up
Getting Started Guide for the SBTi's Net-Zero Standard ABOUT THE GETTING STARTED GUIDE This document is designed as a simple, easy-to-use guide for companies to support companies in setting net-zero targets aligned to the SBTi's Net-Zero Standard.
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