Achieving your near-term science-based targets is no longer a can you can kick down the road. They must be met within 5-10 years.
So, what does that mean for your organisation?
Well, scopes 1 and 2 GHG emissions must not exceed a temperature rise of 1.5°C. While scope 3 emissions must remain well below 2°C.
This is just the tip of the reporting iceberg.
After that, you have long-term science-based targets. Plus, the Corporate Net-Zero Standard. Both of which must be fulfilled no later than 2050.
Imagine the panic if you realise close to the deadline that you don’t have the required knowledge to achieve them. Or even worse, you’ve made errors with manual systems or used an ineffective tool.
Not acting today could lead to negative media attention further down the line. Think what that would do to the confidence of investors.
Is this really a situation you can afford to find yourself in?