The UN Global Compact Network UK and the Science Based Targets Initiative are hosting a webinar series to support companies to overcome common challenges related to setting and implementing science-based targets. This webinar, the third in the series, will focus specifically on addressing scope 3 emissions.
Setting a 1.5°C aligned science-based target is one of the most effective ways for a company to demonstrate the highest level of climate action ambition. Scope 3 emissions represent the greatest source of total emissions for many companies. For a target to be officially validated by the SBTi, companies whose scope 3 emissions cover more than 40% of their total emissions need to set scope 3 targets. However, setting scope 3 targets, understanding which scope 3 emissions to report, collecting data and then reducing these emissions can be challenging and complicated.
This webinar aims to support participants to overcome these challenges by providing insight into the Scope 3 requirements and guidance published by the SBTi including practical steps on how to begin identifying, measuring and reducing emissions, as well as engaging with stakeholders across the value chain to reduce emissions. The webinar will feature expert guidance and best practice examples from business case studies.