Science-based targets provide companies with a clearly defined pathway to future-proof growth by specifying how much and how quickly they need to reduce their greenhouse gas emissions. The Paris Agreement in 2015 saw 195 of the world’s governments commit to prevent dangerous climate change by limiting global warming to well below 2 degrees Celsius. Many companies are already demonstrating they have the expertise and ingenuity to make SBTs a reality, and need ambitious emissions reduction targets that ensure the action they take is aligned with current climate science. At Verdani, we help our clients re-evaluate their emissions reduction target to be in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius.
As of July 2018, in partnership with the Science Based Targets Initiative, Verdani Partners joins over 550 companies taking action to embrace climate science and set our own GHG emissions reduction target:
reduction in Scope 1 & 2 emissions by 2030 from a 2017 baseline
We aim to reduce Scope 1 & 2 emissions by 30% by 2030 from a 2017 base-year. Additionally, Verdani intends to limit Scope 3 emissions by internally tracking and engaging the team to minimize our overall carbon footprint.
We're proud of the work we do to help our clients achieve significant GHG emissions reductions.
From 2016-2017 our clients* reduced their GHG emissions by more than
400,000 metric tons combined, which is equivalent to:
acres of U.S. forest
in one year
* a sample set of our clients' aggregate data
gallons of gasoline
for one year
The Sustainable Development Goals (SDGs), which were adopted after a multi-year global process involving civil society, government, the private sector and academia, with the support of all 193 U.N. Member States, are part of a wider 2030 Agenda for Sustainable Development. The 17 SDGs cover the three dimensions of sustainable development: Economic Growth, Social Inclusion and Environmental Protection, with 169 targets that are broad in scope and address the universal need for development that works for all people. The SDGs appear to be the closest to a common classification system widely adopted across the public and private sectors.
Many companies already act and report on areas covered by the SDGs, such as climate change, water management and working conditions. Verdani Partners helps its clients adopt a framework specific to the SDGs to evaluate potential impacts, measure performance of their sustainability program and guide them in integrating the SDGs into corporate reporting. We aim to help our clients drive measurable change, and move past the current trend of mapping activities and programs against SDGs. Read about SDG guidelines. And read about our clients, GID and CommonWealth Partners', SGDs frameworks in their 2018 Annual Sustainability Reports:
CommonWealth Partners 2018 Annual Sustainability Report, starting pg 55 LINK
GID 2018 Annual Sustainability Report, page 16-17 LINK
At Verdani, we have initiated our own path to align our mission, vision and core values with the SDGs. We look forward to announcing our SDGs framework in 2020.