Science Based Targets for Financial Institutions
9:30 am - 10:30 am
Location:
Momentum B
The Science Based Targets initiative (SBTi) published its first framework for financial institution target setting in October 2020. Since then, more than 60 firms have used the target-setting methods, criteria and guidance that comprise the framework to develop and submit near-term science-based targets for validation to which more than 150 additional firms have publicly committed.
Nate Aden, SBTi's Finance Lead, will share new SBTi consultation drafts including Net-Zero Criteria for Financial Institutions, Fossil Fuel Finance Criteria and an updated Near-Term Framework, followed by discussion and Q&A.