Many companies sign up for Science Based Targets

Name of story Science Based Targets
Linked ICI page Science-Based Targets Initiative
Image Science Based Targets.jpg
Full story text Notable examples of high-profile companies that have passed this official check and their targets are: • Coca-Cola Enterprises, Inc.: Coca-Cola Enterprises commits to reduce absolute GHG emissions from their core business operations 50% by 2020, using a 2007 base-year. Coca-Cola Enterprises also commits to reduce the GHG emissions from their drinks 33% by 2020, using a 2007 base-year. • Enel: Enel commits to reduce CO2 emissions 25% per kWh by 2020, from a 2007 base-year. The target includes the decommissioning of 13 GW of fossil power plants in Italy, and is a milestone in the long term goal to operate in carbon neutrality by 2050. • Sony: Sony commits to reduce GHG emissions from its operations by 42% below fiscal year 2000 levels by fiscal year 2020. Also, the company has a long-term vision of reducing its environmental footprint to zero by 2050, requiring a 90% reduction in emissions over 2008 levels by 2050 (scopes 1, 2, and 3).
Short story text Overall science based targets has caught up with the language of various stakeholders working on climate issues, and given guidance and methods on how companies can set a GHG target aligned with climate science.
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