What is a SBTi Target? (Science-Based Targets Initiative)
Gathering a lot of traction lately, SBTi (Science Based Targets Initiative) has been around for quite some time. Still, recently, it has been getting a lot of attention due to the net zero targets set by the UK government and rising EU regulations. Whether you have just begun your business operations or have been running one for a long time, SBTi (Science Based Target Initiative) will not only help you meet the UK Net Zero targets but also give your company a competitive edge in the current economic landscape.
Read MoreCarbon leakage and CBAM
Carbon leakage refers to the movement of production and associated emissions from one country to another due to less stringent carbon pricing and climate regulations. In summary: ‘Carbon leakage is the shifting of greenhouse gas emitting industries outside the EU to avoid tighter standards.
Read MoreWhat makes a good ESOS action plan?
All participants who qualified for ESOS in a given compliance period are required to subsequently produce an action plan and report against it. The purpose of the action plan and progress updates is to increase participants’ accountability for taking action to reduce their energy use.
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