Validation roadmap for climate solutions

Transforming Towards Sustainability: A Strategic Roadmap for Climate-Oriented Organizations 📍As businesses increasingly commit to sustainable practices, understanding how to transition effectively is crucial. 📍The following is a proposed strategic roadmap designed to guide organizations towards becoming more climate-oriented: 1️⃣ Carbon Audit: ▪️Measure emissions using the Greenhouse Gas Protocol. ▪️Set global standard-aligned, measurable emission reduction targets. ▪️Use audit results to establish specific, achievable goals. 2️⃣ Strategic Action Plan: ▪️Develop a detailed action plan with clear, time-bound targets. ▪️Engage stakeholders through open and inclusive communication. ▪️Ensure collaboration across all levels for integrated climate action efforts. 3️⃣ Energy Transition and Optimization: ▪️Shift to renewable energy sources and enhance system efficiencies. ▪️ Retrofit facilities for improved energy conservation. ▪️ Implement advanced energy management technologies. 4️⃣ Sustainable Practices and Logistics: ▪️Promote recycling and waste reduction alongside sustainable sourcing. ▪️Optimize logistics to minimize carbon emissions. ▪️ Encourage sustainable lifecycle management of products. 5️⃣ Monitoring, Reporting, and Educational Programs: ▪️Establish robust systems to track and report on climate initiatives. ▪️Offer continuous education and training to foster a sustainability culture. 6️⃣ Global Initiative Participation: ▪️Invest in carbon offsets and engage in policy advocacy. ▪️ Collaborate with both global and local environmental efforts. ▪️Amplify impacts through industry-wide climate action collaborations. 📍This roadmap is not just a strategy; it is an essential framework for businesses striving to thrive in a rapidly evolving, climate-conscious market. #Sustainability #ClimateAction #GreenBusiness #CorporateResponsibility #RenewableEnergy

A simplified guide for SBTi SBTi (Science Based Targets initiative) provides a framework for companies to set ambitious and meaningful climate goals. Here's a breakdown of the process: Step 1: Commit to Setting Science-Based Targets * Declare your intent: Submit a commitment letter to SBTi, formally expressing your organization's intention to set science-based targets. * Public announcement: Consider making a public announcement about your commitment to boost credibility and engage stakeholders. Step 2: Develop Science-Based Targets * Assess your emissions: Calculate your current greenhouse gas emissions (Scopes 1, 2, and 3). * Set ambitious goals: Develop emissions reduction targets aligned with the SBTi's criteria and consistent with the Paris Agreement's goal of limiting global warming to 1.5°C. * Utilize SBTi resources: Leverage the SBTi's tools and guidance to ensure your targets meet the required standards. Step 3: Submit Targets for Validation * Complete submission forms: Fill out the necessary SBTi forms, providing detailed information about your company, emissions, and targets. * Select a validation date: Use the SBTi booking system to choose a date for the validation process. * Pay the validation fee: Cover the cost of the validation services. Step 4: Undergo the Validation Process * Initial screening: SBTi conducts a preliminary assessment to check if your submission is complete and meets basic criteria. * Detailed review: SBTi experts will thoroughly examine your targets, providing feedback and recommendations. * Iterative process: Be prepared for potential revisions and refinements to your targets based on the validation findings. Step 5: Achieve Target Approval * Receive validation decision: SBTi will notify you of the validation outcome, either approving or requesting further modifications. * Public announcement: Once approved, publicly announce your science-based targets to showcase your commitment to climate action. Additional Considerations: * Timeframe: The entire process can take several months, so plan accordingly. * Expert support: Consider engaging external consultants or experts to assist with target setting and validation. * Continuous improvement: Setting science-based targets is an ongoing process. Regularly monitor your progress and make adjustments as needed. Important Resources: * SBTi website: https://lnkd.in/dTEhhVaM * SBTi target setting guides and tools: Available on the SBTi website By following these steps and leveraging the available resources, you can successfully achieve SBTi accreditation for your targets and demonstrate your organization's commitment to a sustainable future.

Startups developing low-carbon projects can find themselves in a tough spot. Buyers and investors want companies to set science-based targets. But startups by definition need to grow, which means their emissions will likely increase in the years ahead. That can penalize startups with products that could displace high-intensity incumbents — and thus cut emissions at a global level. As far as I know, there's no way out of this using existing Science Based Targets initiative standards. But a new framework from the Exponential Roadmap Initiative offers a solution. Under the ERI rules, products that either produce 50% less carbon than the market average, or are already compatible with a 1.5C future, can earn a Climate Solutions certification. The hope is that buyers and investors will recognize this as a net-zero badge for startups. Oatly and Stegra are the first companies to successfully complete the process. More details in a recent piece for Trellis Group: https://lnkd.in/guknCeXn As always, I'd love to hear thoughts on this idea. Thanks to Caroline Reid, Erin Augustine, Johan M. Reunanen & Claire Wigg for discussing the framework.