What goals can businesses set in 2024 to get one step closer to net-zero?

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What goals can businesses set in 2024 to get closer to net-zero

In this guide about climate targets and goals on the journey to net-zero, we’ll cover:
<ul>
<li style="font-weight: 400;" aria-level="1"><a href="#difference">The difference between science-based targets and emission reduction goals</a></li>
<li style="font-weight: 400;" aria-level="1"><a href="#examples">Examples of effective reduction targets and goals your business can set</a></li>
<li style="font-weight: 400;" aria-level="1"><a href="#effective">How to set effective targets and goals</a></li>
<li style="font-weight: 400;" aria-level="1"><a href="#communicate">How to communicate your goals</a></li>
<li style="font-weight: 400;" aria-level="1"><a href="#ecologi">How Ecologi can help your business on its net-zero journey</a></li>
</ul>
<h2>Introduction</h2>
At the start of 2024, business leaders are energetically crafting their annual strategies with a fresh focus on implementing climate action initiatives.
The way goal-setting and target-setting are approached by businesses depends on their maturity on their climate action journey. For businesses that are just starting on their goal-setting journey, there are multiple starter actions such as switching energy providers as well as pension providers to help kickstart momentum, however, as businesses mature on their climate action journey, more robust goal and target-setting must be pursued, alongside reporting their emissions inventories.
<h2>Different types of net-zero targets and goals you can set</h2>
When it comes to setting goals for your business on its route to net-zero, there are two types of goals that are relevant: science-based targets, and emissions reduction goals.
Science-based targets (SBTs) are quantitative commitments set via the <a href="https://sciencebasedtargets.org/" target="_blank" rel="noopener">SBTi Corporate Net-zero standard</a> to reduce greenhouse gas (GHG) emissions by an amount aligned with what the latest climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to 1.5°C above pre-industrial levels. SBTs are specific, quantified intended outcomes – which will vary for each company depending on what your company does and how ambitious your goals are.
Emissions reduction goals refer to a commitment to implement an action or initiative to achieve a reduction in Greenhouse Gas (GHG) emissions. These usually relate to inputs, and are typically achieved through a decrease in consumption, improvement in efficiency, or reduction in emissions intensity of an activity or good.

The difference between emissions reduction goals and science-based targets

The way these two types of goals interact is important, as emissions reduction goals tend to support science-based targets. A good analogy to help depict the interaction between the two can be represented by the Strategy &amp; Tactics relationship where the science-based targets represent the overarching strategy and the emission reduction goals represent the tactics used to achieve that strategy.
<h2>Why are different net-zero targets and goals used? </h2>
<h3>Science-based targets</h3>
Science-based targets are essential in declaring a long-term commitment to emissions reductions. One of the Science Based Targets Initiative (SBTi)’s core requirements for a business (in most sectors) to achieve net-zero is to achieve a minimum 90% reduction in emissions. This emissions-reduction journey will not be easy, since that’s a BIG task! Imagine having to reduce your financial budget by 90% &#8211; it would require a lot of planning, researching, and implementation, over a long period. The SBTi framework ensures that targets are set to a level of ambition sufficient to mitigate the worst effects of climate change, in line with the latest science. 
The SBTi reveals that while a growing number of companies have pledged to achieve net-zero emissions, the rate of action and the alignment of these commitments with scientific targets fall short.
<h3>Emissions reduction goals </h3>
While aligning with climate science, targets set against 2030 to 2050 may feel a long way away. As such, there is often a need for more urgency to initiate immediate action.
Setting interim commitments to action through the drag &amp; drop &#8220;emissions reduction goals&#8221; function within <a href="https://ecologi.com/business/zero" target="_blank" rel="noopener">Ecologi Zero</a> can help engage employees and elevate the net-zero journey on the agenda. Achieving more shorter term goals can be a good mechanism for generating momentum whilst prioritising initiatives that will contribute to achieving science-based targets.

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<h2>Example net-zero targets and goals you might use </h2>
<h3>Science-based targets (SBTs)</h3>
The SBTi’s Corporate Net-Zero Standard requires businesses to set both Long-term and Near-term Science-based Targets (SBTs) in order to reach net-zero in the long run.
Long-term SBTs. The Standard requires companies to directly reduce absolute emissions across scopes 1, 2 and 3 by at least 90% by 2050 or before, as compared to a base year no earlier than 2022. This means that the overall emissions produced must come down &#8211; rather than just the relative amount of emissions (e.g. by product or by revenue). They must also commit to balancing the impact of any residual emissions (up to 10% of the baseline emissions), by purchasing carbon removal credits in order to reach net-zero.
Near-term SBTs. Here are some examples of Near-term SBTs your business could set:
<ul>
<li style="font-weight: 400;" aria-level="1">“Our company commits to reduce absolute scope 1 and 2 emissions 42% by 2030 from a 2022 base year, and to measure and reduce its scope 3 emissions.”</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">“Our company commits to reduce absolute scope 1 emissions 42% by 2030 from a 2022 base year, to maintain zero scope 2 emissions through 2030, and to measure and reduce its scope 3 emissions.”</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">&#8220;Our company commits to maintain zero scope 1 emissions through 2030, to reduce absolute scope 2 GHG emissions 42 % by 2030 from a 2022 base year, and to measure and reduce its scope 3 emissions.”</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">“Our company commits to maintain zero scope 1 and scope 2 emissions through 2030, and to measure and reduce its scope 3 emissions from a 2023 base year&#8221;</li>
</ul>
<h3>Emissions reduction goals</h3>
Emissions reduction goals, which you can set directly through your Ecologi Zero account, tend to be softer or more generalised goals than your Science-based Targets. They can be helpful in setting the direction of your business’s sustainability agenda for the coming year.
It may feel overwhelming to address all environmental aspects simultaneously &#8211; that’s why Ecologi will automatically suggest goals based on your emissions hotspots so you can identify the most significant areas of improvement and focus on them initially. As you achieve success and gain momentum, gradually expand your efforts to address other areas of concern. 
Here are some examples:
<ul>
<li style="font-weight: 400;" aria-level="1">&#8220;We will implement a sustainable procurement strategy that prioritises suppliers who actively track and are working to reduce their emissions.&#8221;</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">&#8220;We will use pension providers that have sustainable investment policies, providing employees the opportunity to invest in pension funds that avoid fossil fuels.&#8221;</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">&#8220;We will install renewable energy sources to generate electricity onsite.&#8221;</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">“We will use server providers who use renewable energy to power their services.”</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">“We will implement smart energy management practices including energy monitoring systems.”</li>
</ul>

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<h2>How to set effective net-zero goals and targets for your business</h2>
Once you have your footprint, you will want your goals to be effective.
<h3>What makes an effective commitment?</h3>
You’re probably familiar with the SMART target-setting process. Here’s what it means for your emissions goals and targets:
Specific: Translate your reduction goals into steps that can be implemented throughout your organisation. Establish a clear action plan with specific initiatives, responsible parties, timelines, and allocated resources. Breaking down goals into smaller tasks not only makes them more manageable but also ensures that progress is continuously monitored and adjustments can be made if needed.
Measurable: It’s important to measure and monitor your progress towards your goals. Implementing an internal monitoring and reporting system will help you track progress towards your reduction goals. You should continuously measure and analyse data, review key performance indicators, and evaluate the effectiveness of your initiatives. Regular reporting to stakeholders demonstrates transparency, fosters accountability, and allows for course corrections if required.
Achievable: Engaging employees, customers and suppliers fosters a sense of shared responsibility and increases the likelihood of achieving your reduction goals. Seek feedback, conduct workshops, and collaborate with stakeholders to ensure a comprehensive and inclusive approach.
Relevant: Ensure your reduction goals align with your business&#8217;s carbon footprint. Goals should address the most significant environmental impacts and support your long-term sustainability vision. To help with this, Ecologi Zero will identify your emission hotspots and advise on actions you can take to reduce emissions from these areas.
Timely: Ecologi Zero will help you set a timeframe for achieving your reduction goals; we advise goals are completed within the upcoming reporting period. You may wish to set your own timeframe and complete goals sooner or stagger your goals throughout the year. Time-bound goals create a sense of urgency and provide a timeline for progress evaluation.
<h2>What are the most frequent goals set by SMEs?</h2>
After calculating their business carbon footprint with Ecologi Zero, businesses get to select emissions reduction goals that are tackling the key emission hotspots of their footprint. While every business will have different emission hotspots and areas of improvement, our Ecologi Zero data shows the following key goals that have been set by businesses:
<ul>
<li style="font-weight: 400;" aria-level="1">We will conduct our meetings virtually to avoid unnecessary travel.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">We will use suppliers who track their own emissions.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">We will avoid using single use products where possible.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">We will review our supply chain to ensure our suppliers are taking their own actions to reduce their footprint.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">We will use environmentally friendly cloud computing services.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">When buying office equipment, we will always choose the most energy efficient option.</li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1">We will avoid flying for any short duration trips.</li>
</ul>

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<h2>How to communicate your goals in your annual reporting</h2>
Reducing business emissions is the most important step on your journey to net-zero, and once you’ve set achievable goals based on your emissions hotspots, you can start creating your yearly report. With Ecologi Zero, you can create your yearly report that will automatically show the emissions reduction goals you’ve set so you can start sharing your progress transparently (even if you’re not perfect).

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<h2>Ready to start setting emission reduction goals? </h2>
If this article has inspired your business to start its climate journey and set emissions reduction goals, then why not get started today? 
Fewer than 250 employees? <a href="https://ecologi.com/business/zero" target="_blank" rel="noopener">Sign up to Ecologi Zero.</a>
250 or more employees? Schedule a call with our team to discuss a bespoke solution using the form below.

Speak to our team. We're here to help find your perfect climate solution.

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Climate Commitments Survey 2024

Our Climate Commitments 2024 report surveyed 1,400 business owners and decision-makers to businesses with 1-1,000 employees spanning all regions of the UK and 28 professional sectors. 
There were three clear themes that emerged this year. Despite the continuing economic downturn, businesses are still making sustainability a core part of their strategy and reaping the benefits. Whilst more and more businesses are starting their net-zero journey the majority are not on course to hit their targets by 2050. Key barriers around investment, time and tools still remain as well as a lack of government support to accelerate the transition to the net zero economy.
<h3>Read the full report </h3>
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 📁 Download the PDF report <a href="https://cms-assets.offset.earth/app/uploads/20240415131731/Climate_Commitments_Survey.pdf" target="_blank" rel="noopener">here</a>

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<h3>1. Despite the continuing economic downturn, businesses are making sustainability a core part of their strategy and reaping the benefits.</h3>
76% said becoming more environmentally sustainable is a core business strategy for their organisation in 2024.
Despite the current cost of living crisis nearly two thirds (64%) say that the economic downturn is having a positive or no impact at all on their sustainability commitments with only a third (29%) saying it is having a negative impact. As a result 81% are planning on either increasing or maintaining their investment in sustainability initiatives.
Changing business practices are wide-ranging and have seen nearly half of respondents increasing rates of recycling (49%) or reducing energy consumption (48%) while over a third (37%) have taken the step of using ‘greener’ suppliers and products, been educating employees on best practices to reduce climate change (35%) and increased their use of renewable energy (35%).
For the two thirds of businesses (63%) who have set sustainability targets, they are reporting multiple business benefits. These range from improved brand reputation (34%), reduced costs (31%), increased productivity and/or innovation (30%), attracting more eco-conscious customers (28%), employee loyalty and/or motivation (28%), competitive advantage (22%) and increased revenue and/or market share (22%).

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<h3>2. More and more businesses are starting their net-zero journey but are not on course to hit their targets</h3>
72% of businesses have either measured their footprint consistently over the past few years (35%) or in the last year (37%) demonstrating the momentum in the first step on a net-zero journey.
Around a third have calculated their carbon footprint (30%), set emissions reductions targets (35%), achieved emissions reductions (30%) and funded climate action (35%) but less than a third (27%) were on track to reach net-zero by 2050 or sooner.
Businesses still recognised the role of carbon offsetting as an effective way for businesses to contribute to global climate action (21%) when used as part of a wider strategy (17%) after reducing emissions as much as possible (17%). Funding tree planting still tops the list as businesses’ number one favoured climate action solution (46%), followed by renewable energy (38%), habitat conservation &amp; restoration (37%), rainforest conservation (32%) and carbon dioxide removal (31%).

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<h3>3. Barriers around investment, time and tools still remain, as well as a lack of government support.</h3>
Over a third of UK businesses cited financial constraints (32%), the cost of tools or technology (28%), lack of government support in the form of incentives (25%), time constraints (25%) and the lack of the ability to measure their carbon footprint (20%). 
The business sector is calling out for more support from the government.  Nearly eight in ten (79%) of UK businesses feel that the government should provide more support to improve their environmental affairs, three quarters (76%) feel that the government investing in the green economy would be good for business, creating jobs and lowering their running costs while 73% feel more government support is key to their business increasing its sustainability targets.
With less than half (49%) of businesses yet to apply for government funding to make their business greener there’s a clear desire for more funding (45%) and incentives (44%) to be made available as well as clearer information (40%) on how to access these.

<h3>Businesses can lead the sustainable revolution</h3>
Ecologi remains committed to supporting businesses on their climate journey through our all-in-one platform allowing organisations to calculate their carbon footprint, set targets and reduce their emissions whilst funding high quality climate action projects. Our mission is to inspire and empower businesses to accelerate global climate action.
We’re trusted by over 20,000 businesses. Why not add yours to the list? If you want to make your business greener, better, faster, stronger, speak to our expert team.
You can access the full data set <a href="https://docs.google.com/spreadsheets/d/e/2PACX-1vR2QZj3JAUk_f4suOMmd653C6AEiytUp_T5WhBnUOypIkW9Wf9yT61C9TzQ4_GMwQ/pubhtml" target="_blank" rel="noopener">here</a>

Speak to our expert team to make your business greener, better, faster, stronger

Ecologi Impact Report 2023: Another year of impact for our planet

Impact Reports

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Impact Report 2023: Another year of impact for our planet

Read our 2023 Impact Report to discover the incredible achievements of the Ecologi community.

It’s that time of year again, when we share our annual Impact Report to highlight the scale of the impact funded by our community, and the incredible achievements of the impactful projects that Ecologi has supported over the past twelve months.
Read the full report below, or stick with us here, as we summarise some of the top facts and figures from 2023.

<h2>Over 75 million trees funded</h2>
…in fact, nearly 77 million! As of the end of the year, the Ecologi community has funded the planting of 76.9 million trees in eighteen countries around the world – from Argentina to Tanzania.
This includes 20.6 million trees which were funded by the Ecologi community in 2023, representing 27% of our overall count of trees funded to date.
We also now support reforestation projects in all four nations of the United Kingdom, and have planted 300,000 trees here at home.

<h2>Over 38,000 livelihoods supported through reforestation and agroforestry projects</h2>
We are constantly working on improving our understanding of how our funding for reforestation projects supports local people and communities.
Thanks to improved data visibility across our projects this year, we can report that the reforestation projects we fund support at least 38,000 people – for example through training, employment, investment in micro-businesses, or the provision of healthcare and wellbeing services.

<h2>New habitat restoration projects already showing results</h2>
In October, we launched our first-ever dedicated habitat restoration project – called <a href="https://ecologi.com/projects/wildflowers-wetlands-and-wildlife" target="_blank" rel="noopener">Wildflowers, Wetlands and Wildlife</a>. This project supports the Future Forest Company’s projects restoring and conserving habitats and ecosystems that are important for native biodiversity in the United Kingdom – costing only a few pounds per square metre of habitat restored.
In just the last quarter of 2023, our community funded it’s first 5,000 m2 of habitat restoration, and the sites are already seeing some exciting signs that this restorative effort is working – with the return of the Northern brown argus (Aricia artaxerxes) to Stirlingshire, and elusive pine martens (Martes martes) spotted at Dumyat.

<h2>Another half a million tonnes of carbon avoidance</h2>
Our community funded another 565 ktCO2e this year, bringing our all-time total of emissions avoided to 2.96 MtCO2e (million tonnes).
This year, we saw increased demand for a wide range of projects that feature lots of co-benefits, with Community-based projects (like cookstoves and boreholes) averaging 7.25 validated benefits for the UN Sustainable Development Goals (SDGs), and Nature-based projects averaging 5.38 SDGs.
The voluntary carbon market has received a lot of attention and scrutiny this year, which has helped to expose some of the poor-quality projects on the market, as well as increasing transparency, due diligence and quality standards across the board. This year, we joined the <a href="https://cmif.co.uk/" target="_blank" rel="noopener">Carbon Markets Innovation Forum</a>, to join up with other startups in the carbon markets who are dedicated to supporting only high-quality projects.
Thanks to all these positive changes, as well as a huge demand for high-quality projects, the market is starting to bounce back – and high-quality projects are starting to receive the attention (and funding) they deserve. You can read more about how we review projects before funding them <a href="https://ecologi.com/articles/blog/funding-carbon-credits" target="_blank" rel="noopener">here</a>.

<h2>Our first 1,000 tonnes of carbon removal</h2>
Late in the year, we launched our first carbon removal projects onto our <a href="http://ecologi.com/impact-shop" target="_blank" rel="noopener">Impact Shop</a>, enabling our community to <a href="https://ecologi.com/projects/biochar" target="_blank" rel="noopener">fund biochar projects</a> for the first time, and our community funded our first 1,056 tonnes of removals.
Carbon removal projects are those which take carbon dioxide (CO2) which is already in the atmosphere, remove it, and store it somewhere in the biosphere (like in forests) or the geosphere (like underground). These tend to be much more expensive on the market than carbon avoidance, and so the volumes are modest. This year, we began to fund projects with durable storage – <a href="https://ecologi.com/impact-shop/support-biochar-carbon-removal-projects" target="_blank" rel="noopener">biochar carbon removal</a> – as well as those with nature-based storage, through <a href="https://ecologi.com/impact-shop/support-certified-blue-carbon-projects" target="_blank" rel="noopener">blue carbon</a> and <a href="https://ecologi.com/impact-shop/support-certified-afforestation-projects" target="_blank" rel="noopener">terrestrial afforestation (ARR)</a>.
Around 10% of our community’s carbon removal tonnes funded this year went towards biochar, with 40% for blue carbon and 50% for green ARR.

<h2>Read more stats and stories in our full Impact Report 2023</h2>
We’ve collected just a few of our favourite stats in this article, but you can read more – and more in-depth stories from all the projects supported – in the full report, <a href="https://docs.google.com/presentation/d/e/2PACX-1vSGPflji-t40_-gNYvj9Nam45ZQbcrU8EEFo9uuTk--SakI9khZ_kb3F42lxKq8JlwNzxAqyHK9vOz_/pub?start=false&amp;loop=false&amp;delayms=60000" target="_blank" rel="noopener">which you can view here</a>.
As ever, we extend our heartfelt thanks to every member of the Ecologi community who supported these wonderful projects in 2023, as well as all our partners and suppliers and other organisations who we have worked with this year.

Ready to make a difference for our planet? Get in touch, and let’s chat about how we can help you on your climate journey.

Case studies

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Case study: How EET Group is embedding sustainability

Case study: How EET Group is embedding sustainability into IT distribution 

<h2>About EET Group</h2>
EET Group is a value adding IT distributor. They pride themselves on providing expert industry knowledge, tailored logistics solutions, unique sales services, and innovative marketing tools to support their partners&#8217; success.
Founded in 1986, operating in 23 markets across Europe and shipping to over 70 countries, EET Group offers an extensive portfolio of more than 1,100 brands. Their team of 750 employees works collaboratively to deliver unparalleled value to partners and customers.

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<h2>Issue</h2>
The distribution of spare parts was EET Group’s initial business focus and remains a cornerstone today, even as they have expanded their business into other areas. With a 30-year heritage in spare parts distribution, environmental purpose is embedded in their DNA.
Their mission is to extend the lifespan of electronic equipment, including printers, laptops, mobile phones, and servers, thereby diverting them from landfill. They give tech products a second life, before they become electronic waste. The team is already making significant progress in their climate journey, having calculated their carbon footprint and set emissions reductions goals. Their next step involves setting Science Based Targets.
EET Group was looking for a trusted partner capable of assisting them in making a greater positive impact on our planet while enhancing transparency. EET Group&#8217;s decision to collaborate with Ecologi was driven by a desire to attract employees, suppliers, and customers, as well as to enhance brand reputation and drive business growth.
The team also saw the benefit of joining a community that’s working together to collectively tackle the climate crisis, and connecting with other like-minded businesses through initiatives like the Million Tree Pledge.

<h2>Challenges</h2>
There were some barriers to overcome, such as a lack of knowledge about the appropriate climate action, and concerns about potential greenwashing accusations. However, Ecologi’s expert team was available to provide assistance in addressing these challenges.
EET Group was reassured by Ecologi&#8217;s credibility, demonstrated through our trusted relationships with over 20,000 businesses and the fact that our climate experts employ state-of-the-art data and monitoring capabilities throughout the verification and due diligence process. They were also reassured that we regularly update our transparency page with evidence of our strategy, impact ledger and financial information.
EET Group was also confident that Ecologi’s business toolkit and communication guidelines are available to offer practical assistance in using the correct language and avoiding the pitfalls of greenwashing.

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<h2>Solution</h2>
EET Group’s climate journey began by selecting the right portfolio from Ecologi&#8217;s extensive list of high quality carbon avoidance projects. The team introduced ‘climate conscious outbound shipping’, which involved purchasing carbon credits to mitigate emissions from outbound carriers.
Then, at the beginning of 2021, EET Group took the Million Tree Pledge and committed to planting one million trees by 2025. Since then, they have planted one tree for every five shipments leaving their warehouses. With around 1.1 million outbound shipments a year, they have planted more than 220,000 trees annually – that’s an area the size of two tennis courts every single day! EET Group actually smashed their 2025 target and fulfilled their million tree pledge in April 2023.
EET Group has already implemented circular practices and eliminated virgin plastics from their own private label eStuff Infinite consumer products. Now, they are focusing on reducing the environmental impact of their B2B products as well. In the future, they plan to collaborate with Ecovadis and the SBTI to introduce more sophisticated tracking of Scopes 1,2 and 3 emissions, thereby improving the accuracy of their measurements to date.

<h2>Outcome</h2>
EET Group has already funded the planting of a staggering 1.43 million trees and, through purchasing and retiring certified carbon credits with Ecologi, has prevented the emission of over 26,300 tCO2e.

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By sharing EET Group’s impact with customers, suppliers and employees, Ecologi has added even more value to the partnership.
Ongoing sustainability initiatives are discussed at every ‘town hall’ and board meeting, with regular updates on trees funded for planting. The partnership has truly become a part of the corporate culture. EET Group also regularly reports its environmental impact through dedicated company web pages. And to increase awareness of their reforestation initiative, every physical shipment notice includes a marketing message highlighting that for every five shipments, the planting of a tree is funded. They also link directly to both Ecologi and the Million Tree Pledge through their website and social media channels.
The team is regularly invited to talk about their reforestation efforts at customer and supplier events, and they have completed several annual initiatives with suppliers, inviting them to stand together and grow the EET Group forest by contributing trees to the cause.
At Ecologi, we believe that sharing impact is fundamental to the climate journey. Our badges, business toolkit, and communication guidelines have made it easier and more effective for the team at EET Group to share their good work.

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Kristian Lading, Group Chief Products and Solutions Officer at EET Group, is building something of a reputation for his sustainability efforts, both at home and at work. His colleagues fondly refer to him as the “Tree Man” and his daughter describes his job as “selling electronic spare parts and planting trees”. We fully endorse that job description! 
<blockquote>Making a positive impact on the environment and contributing to the fight against climate change is something we at EET take great pride in. We will continue to work with Ecologi and our valued customers and suppliers to grow the EET Forest and support reforestation efforts around the world. It helps us engage with customers and suppliers, and attract new employees, as everybody understands that planting trees is great for our planet.</blockquote>

<h2>Want to make your business greener, better, faster, stronger?</h2>
If this article has inspired your business to start its climate journey, talk to our team today.

DIFFERENCES	EMISSIONS REDUCTION GOALS	SCIENCE-BASED TARGETS (SBTs)
Aiming at?	Inputs	Outcomes
SBTi Corporate Net-zero Standard alignment?	Not required, but complementary to the Standard	Required as part of the Standard
SMART alignment?	Do not have to be SMART (Specific, Measurable, Achievable, Realistic, Timely)	Are SMART (Specific, Measurable, Achievable, Realistic, Timely)
Qualitative or quantitative?	Can be either, but tend to be more qualitative	Quantitative
Scope coverage?	Don’t have be specific about covering scopes 1, 2 and 3	Must cover Scopes 1, 2 and 3
Verification?	Not necessarily explicitly tied to scientific benchmarks, global climate targets or verification.	Science-based targets undergo independent assessment to ensure they are consistent with the latest climate science.
Timelines?	Timelines tend to be shorter-term (under 5 years) because the objectives are smaller and easier to achieve.	Because of the 90% reduction in emissions across all 3 scopes, target setting usually involves setting near-term and long-term targets leading up to 2030, 2040 or 2050.
Ecologi platform?	Through the Ecologi Zero Platform.	Through Ecologi consultancy services.

What goals can businesses set in 2024 to get one step closer to net-zero?

The difference between emissions reduction goals and science-based targets

More posts

Climate Commitments Survey 2024

Impact Report 2023: Another year of impact for our planet

Case study: How EET Group is embedding sustainability into IT distribution

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