Updates | WWF

HELPING COMPANIES TAKE CLIMATE ACTION

Written by Vanessa Lim Singh | Mar 16, 2022 6:44:20 AM

How can we reduce the amount of planet-harming greenhouse gases entering the atmosphere? The groundbreaking new WWF-backed net-zero corporate standard is helping companies to play their part. Developed by the Science Based Targets initiative (SBTi), an organization that we helped to found, this new framework will help companies set scientifically-sound net-zero targets for greenhouse gas emissions. Companies adopting the standard must halve their emissions by 2030 and aim to achieve close-to-zero emissions by 2050. Any other impossible-to-eliminate emissions must be neutralized through measures that absorb carbon dioxide from the atmosphere. Since 2015, the SBTi has been working with companies – over 2,600 to date – to set emissions targets in line with what the latest climate science says is necessary to limit global warming. The most recent analysis shows that companies with such science-based targets have reduced their combined emissions by 25% since 2015.