Science-Based Targets Initiative Flashcards
7 cards from real CCP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Science-Based Targets Initiative flashcards as text
Which of the following sectors is currently excluded from the SBTi's standard Corporate Net-Zero target-setting framework due to unique methane dynamics?
Answer: Oil and gas upstream extraction
SBTi's Oil and Gas sector guidance is still under development, meaning upstream extraction companies cannot currently have targets validated under the standard corporate framework.
How does the SBTi's 'temperature rating' method work for financial institutions?
Answer: It maps a company's committed emissions trajectory to an implied global warming temperature
The Temperature Rating method translates a company's disclosed targets and trajectory into an implied warming temperature, allowing investors to aggregate portfolio alignment.
What must a company do to maintain its listing on the SBTi's public target dashboard after approval?
Answer: Publicly disclose progress against targets annually, typically via CDP
SBTi requires approved companies to report publicly on progress—most commonly through CDP disclosure—to maintain transparency and accountability.
What is the significance of the SBTi's 'committed' status versus 'approved' status on its company dashboard?
Answer: Committed means a company has signed the commitment letter but targets are not yet validated; approved means targets have passed technical validation
Committed status shows a company has pledged to set SBTs within 24 months, while Approved status confirms the submitted targets have passed SBTi's technical review.
Which metric does SBTi use to measure physical intensity for the cement sector under the Sectoral Decarbonization Approach?
Answer: tCO₂e per tonne of cementitious product
SBTi uses tCO₂e per tonne of cementitious product as the intensity metric for cement companies setting SDA-based targets.
Under the SBTi Corporate Net-Zero Standard, what role do 'beyond value chain mitigation' (BVCM) activities play?
Answer: They are encouraged as additional climate action but cannot substitute for in-value-chain reductions
SBTi encourages BVCM (e.g., nature-based solutions, carbon removal investments) as supplemental climate action but explicitly states they cannot substitute for required emissions reductions.
What baseline year flexibility does SBTi allow companies when setting science-based targets?
Answer: Baseline year must be within 5 years of target submission
SBTi allows companies to choose any baseline year within the five years preceding target submission, provided it is supported by reliable emissions data.