They include near-term targets, a long-term net zero target and, where significant, targets for Scope 3 emissions. Large buyers increasingly ask suppliers for SBTi-validated targets.
Source: Science Based Targets initiative
Related terms
Net zeroAn organisation reducing its greenhouse gas emissions in line with science-based targets and balancing residual emissions with permanent carbon removals so that its net contribution to the atmosphere is zero.Scope 1, 2 and 3 emissionsThe classification of greenhouse gas emissions by source into direct emissions (Scope 1), indirect emissions from purchased energy (Scope 2) and other indirect emissions in the value chain (Scope 3).Transition planA strategic plan setting out an entity's targets, actions, resources and timetable for transitioning to a low-carbon economy.Carbon Border Adjustment Mechanism (CBAM)An EU regulation that puts a price on the embedded carbon emissions in the production of certain goods imported into the European Union.Carbon creditA tradable certificate representing one tonne of carbon dioxide equivalent of greenhouse gas reduction or removal achieved by a verified project.Carbon footprintThe total greenhouse gas emissions caused by an organisation, product or activity, expressed in carbon dioxide equivalent (tCO₂e).
Last updated: November 8, 2026 · This definition is for general information only.