Your sector is not eligible for SBTi validation at this time
The SBTi is especially keen to welcome companies in the highest-emitting sectors that play a crucial role in ensuring the transition to a zero-carbon economy.
The SBTi does not currently assess targets for cities, local governments, public sector institutions, educational institutions or non-profit organizations. However, we encourage these stakeholders to consider science-based target-setting methods on their own. Cities can register their interest in setting targets through the Science Based Targets Network (SBTN).
Additionally, fossil fuel companies depicted below, as targets in this sector cannot yet be officially approved. Due to the developing status of our guidance, the SBTi has updated its fossil fuel policy and will no longer accept commitments or validate targets from fossil fuel companies.
Companies that cannot join the SBTi.
1.1 Companies with any level of direct involvement in exploration, extraction, mining and/or production of oil, natural gas, coal or other fossil fuels, irrespective of percentage revenue generated by these activities, i.e. including, but not limited to, integrated oil and gas companies, integrated gas companies, exploration and production pure players, refining and marketing pure players, oil products distributors, gas distributors and retailers and traditional oil and gas service companies. (except as noted in category 2 below).
Companies that can join the SBTi
2.1 Companies that derive less than 50% of revenue from a) sale, transmission and distribution of fossil fuels, or b) providing equipment or services to fossil fuel companies (see 1.1).
2.2 Companies with less than 5% revenue from fossil fuel assets (e.g. coal mine, lignite mine, etc.) for extraction activities with commercial purposes.
2.3 Electric utilities that mine coal for their own power generation.
2.4 Subsidiaries of fossil fuel companies (see 1.1) may join the SBTi if the subsidiary itself is not considered a fossil fuel company.