Science Based Targets Network (SBTN)

📢 Breaking new ground in corporate sustainability! Today at #COP16Colombia, we announce that the first-ever science-based targets for both freshwater and land have been adopted by trailblazing companies. 👇 🏔️ The first-ever science-based targets for both freshwater and land have been adopted by global luxury group Kering. 💧 Global biopharma company GSK and building materials company Holcim have adopted the first science-based targets for freshwater. The announcement comes following the conclusion of our year-long corporate pilot program, with the majority of participating companies receiving validation for some or all targets. This positive milestone comes as world and business leaders gather at COP16 in Colombia, where urgent action to preserve biodiversity and stop the destruction of nature have been at the heart of negotiations. 🌎 SBTN’s Executive Director Erin Billman said: “Our corporate pilot has shown that science-based targets for nature are both feasible and valuable, closing a critical gap in corporate sustainability. We’re pleased to see Kering, GSK and Holcim lead the way by publicly adopting the world’s first science-based targets beyond climate; demonstrating that a clear and credible pathway for ambitious action for nature is possible. The time for companies to act is now — responsibly, urgently, and with the ambition that matches the scale of the challenge.” Science-based targets for nature are a key mechanism for companies to deliver on the Global Biodiversity Framework. Aiming directly at the drivers and pressures of nature loss, science-based targets for nature will tell a company if they are taking enough of the right actions, in the right places, at the right time in order to do their part to reverse and halt nature loss by 2030. These much needed targets on nature build on and complement existing corporate targets on climate. 🌱🎯 This is just the beginning. We are pleased to see these trailblazing companies leading the way, and we look forward to seeing more companies follow suit in the months ahead. 🎉 🔗 Read more: https://lnkd.in/eTMakv4e 🔗 Explore the companies' targets in our new Target Tracker: https://lnkd.in/eepJiVtA #SBTN #ScienceBasedTargets #ForNature #CorporateSustainability #NaturePositive #COP16 #KMGBF

We wish you a joyful holiday season and prosperous new year! ✨ 2024 was pivotal for #SBTN, with the first companies publicly adopting #ScienceBasedTargets #forNature. This progress has been made possible due to the commitment of our partners, stakeholders, and supporters like you—so thank you! All of us at SBTN are so grateful for your support over the past year and excited for 2025. Despite undeniable global headwinds, we will continue to empower companies to take meaningful, measurable action for nature, ensuring a future where companies operate within environmental boundaries and contribute to thriving ecosystems and communities. 🌱 From the significant progress accomplished in technical methodologies and corporate engagement to the landmark moment of public adoption by companies, this year has been a testament to the power of collaboration. Explore some of our highlights in our 2024 recap: https://lnkd.in/exPvztp7 🎯 If you want to follow us outside of Linkedin, connect with us on Bluesky: https://lnkd.in/eGhikAfx And don't forget to subscribe to our newsletter: https://lnkd.in/dxgsuuD 🌎 Your support powers our mission and inspires us to aim even higher. From all of us at the Science Based Targets Network, we wish you a joyful holiday season and a prosperous new year!

Did you know that in 2025, many EU-based companies will have to publicly disclose their impacts and dependencies on nature for the first time because of the #CSRD? Find out how the CSRD & science-based targets for nature can work together to support companies in achieving their sustainability goals. 👇 The EU’s Corporate Sustainability Reporting Directive (CSRD) comes into effect next year. The legislation is designed to improve non-financial reporting by companies, including on nature, as part of the European Green Deal. 🌿 Complementing CSRD, SBTN empowers companies to actively address their impacts and quantify their contributions to nature-positive outcomes: 1️⃣ Inform disclosures: Science-based targets for nature offer a rigorous and prescriptive approach (e.g., to materiality assessments) that generates data and insights that can inform companies’ CSRD disclosures. 2️⃣ Beyond disclosures: While CSRD is focused on disclosure of impacts, SBTN goes a step further by providing a clear, science-based framework that empowers companies to actively address their impacts, showing how much action to take, where, and when, based on what nature needs. 3️⃣ Long-term value: In the context of an increasingly ambitious regulatory landscape exemplified by CSRD, setting science-based targets for nature helps companies build the capacity and resilience needed to adapt to emerging trends and stay ahead of future requirements, creating enduring value for the business. ➡️ Read more in our full article: https://lnkd.in/eBUTgfST We are grateful to the following subject matter experts for their contributions: Samuel Sinclair and Peter McCann from Biodiversify, Carly Sibilia and Beatrice Boarolo from ERM, Stefan Jimenez Wisler from Deloitte & Touche LLP, and Guillaume Wahl and Christopher Rannou from WWF-France. Nature Positive Initiative, Capitals Coalition, Business for Nature, WBCSD – World Business Council for Sustainable Development, WWF, Biodiversify, ERM, Deloitte & Touche.

🚀 Have you explored our main 2024 release of updated technical guidance and new enabling resources for companies to set #ScienceBasedTargets #ForNature yet? Informed by our trail-blazing cohort of pilot companies, these updates enhance the feasibility and practicality of our methods while maintaining ambition and scientific rigor. New resources to improve accessibility and drive action have also been introduced, including a comprehensive corporate manual that serves as an entry-point into the technical guidance. 🙌 Visit our website to find: Technical Methods ✅ Updated methods for assessing and prioritizing your organization’s impacts on nature (Steps 1 & 2 V1.1) ✅ Updated methods for setting targets on freshwater quantity and quality (Step 3 Freshwater V1.1) ✅ Updated methods for setting targets on land (V1, previously in beta) Supporting Guidance ✅ NEW Corporate Manual - a comprehensive entry-point into our technical methods, available as a downloadable document and an interactive version on our website ✅ NEW illustrative case studies to accompany the technical methods Tools & Useful Resources ✅ Updated materiality screening tool - enhanced with a new interface and upstream function ✅ Updated technical FAQs ✅ Updated high impact commodity list (V1.1) ✅ Pilot Summary Report 👉🏽 Explore the latest resources:  https://lnkd.in/e_Ezj4BX 🌱✨ #SBTN #ScienceBasedTargets #ForNature #NaturePositive

🆕  Two years ago, the Kunming-Montreal Global Biodiversity Framework gave us a new roadmap with an ambitious mission to halt and reverse nature loss: to be Nature Positive by 2030. 👇 But the work isn’t over. Across cities and in the countryside, on your travels, and out your own window - nature is still disappearing. Fewer insects. Vanished birds. Concrete jungles. Degraded coastlines. Nature loss isn’t just heartbreaking; it’s driving climate change. When ecosystems are destroyed, their ability to absorb carbon dioxide disappears too. This fuels the twin crises of biodiversity loss and climate change. The challenge is great, but so is our opportunity. The Nature Positive Initiative is bringing people together to restore nature - which will help communities, wildlife, and the climate. 👉 Learn how you can take action to build a nature-positive future: https://lnkd.in/d8_QS4wQ #NaturePositive #BiodiversityLoss #ClimateAction #TwinCrises #KMGBF

Explore our 2024 year-end recap below to discover the milestones we’ve achieved, key insights and resources to support the target-setting journey, and a preview of what’s ahead for 2025. From all of us at the Science Based Targets Network, we wish you a joyful holiday season and a prosperous new year. - Read more from Erin Billman, Executive Director, the SBTN in our last newsletter of 2024. 👇 Subscribe on email: https://lnkd.in/dxgsuuD

🎉2024 in Review at the Accountability Accelerator 🌍 As the year comes to a close, we’re reflecting on an incredible year filled with action, learning, and collaboration - all made possible by our dedicated team, grantees, and partners worldwide. Here are some highlights that made our 2024 successful: ✅ 18 Grants Awarded: Supporting #global and #local initiatives driving corporate accountability for nature on every continent. From projects driving accountability related to transition minerals with grantees including Auriga Nusantara Business & Human Rights Resource Centre and The China Global South Project to advancing standardized approaches for business action with Finance for Biodiversity Institutional Investors Group on Climate Change (IIGCC) and World Wildlife Fund to building the legal architecture with Rights and Accountability in Development (RAID) Zimbabwe Environmental Law Association Inclusive Development International 👥 Team Growth: We expanded from 5 to 11 team members, strengthening our ability to scale our impact and work more closely with global stakeholders. 🚀 Validation Launch: We officially launched our Science Based Targets Network (SBTN) Validation Service, with the first three companies publicly disclosing and adopting their targets #COP16 - a huge milestone for corporate accountability! 🎤 Driving Collaboration: We hosted 10+ convenings globally, bringing together leaders and changemakers to drive system-wide transformation. We’ve advanced action on critical topics such as integrated approaches for nature and people, transition minerals in Indonesia, a safe and just energy transition, capacity building for corporate action and accelerating nature funding. 👫 Our Team United in the Real World: Working remotely across the globe, we make the most of technology to connect everyday but  we finally had the chance to meet in person, sharing ideas, strengthening bonds, and planning for an even greater future. 💡 Lessons Learned & Inspirations: This year reminded us that progress is a collective journey. We learned, adapted, and were inspired by our partners, whose vision and commitment push us to raise the bar every day. ✨ Looking Ahead: We’re stepping into 2025 with hope, determination, and a shared mission - to accelerate an impactful and just accountability ecosystem for #people and #nature. A huge thank you to everyone who’s been part of this journey. Here’s to scaling new heights together in 2025! 💪🌱 #CorporateAccountability #NaturePositive #ClimateAction Seema Joshi Natasha Milan Matic, Ph.D. Natasha Tariq Randall Krantz Paola D. Luna Heidi Lampén Mariana Cascardo Michael Kathryn Oldfield Dean Cambridge

🎯✅ Are you ready to set science-based targets for nature? Forward-thinking companies are. One pilot company reported that the targets are "credible, robust, logical and prescriptive" – so what are you waiting for? 👇 In May 2023 a target validation pilot commenced with a group of companies that were required to prepare and submit freshwater and land targets for validation, in alignment with the previous version (2023) of SBTN’s methods.🌊⛰️ The scope of the pilot validation included the following steps: Step 1️⃣: Assess – an integrated assessment method to identify key issues and locations to focus on for target setting. Step 2️⃣: Interpret and Prioritize – a method for prioritization of target setting, using a mix of environmental, social, and financial considerations. Step 3️⃣: Measure, Set, Disclosure – methods for setting land and freshwater targets, addressing some of the dominant drivers of biodiversity loss and climate change. The pilot concluded in June 2024, and our summary report provides an overview of the pilot itself, with initial learnings, key benefits and insights into best practices shared by the group of forward-thinking companies. 📝 🔗 Read the pilot summary report: https://lnkd.in/eQ-H9ndV ➡️ Learn more about setting science-based targets for nature in our corporate target-setting guide: https://lnkd.in/dCPqXV76 We are deeply grateful to our piloting companies, supporting consultancies and NGO partners for their participation in the first year of setting corporate science-based targets for nature. #ScienceBasedTargets #ForNature #SBTN #NaturePositive #SafeAndJust #ScienceBased #NatureAndClimate #EcologicalEmergency #GlobalCommons

In 2025, many EU-based companies will have to publicly disclose their impacts and dependencies on nature for the first time because of the #CSRD. Find out how the CSRD and science-based targets for nature can work together to support companies in achieving their sustainability goals. 👇 The EU’s Corporate Sustainability Reporting Directive (#CSRD) comes into effect next year. The legislation is designed to improve non-financial reporting by companies, including on nature, as part of the European Green Deal. 🌿 Complementing CSRD, SBTN empowers companies to actively address their impacts and quantify their contributions to nature-positive outcomes: 1️⃣ Inform disclosures: Science-based targets for nature offer a rigorous and prescriptive approach (e.g., to materiality assessments) that generates data and insights that can inform companies’ CSRD disclosures. 2️⃣ Beyond disclosures: While CSRD is focused on disclosure of impacts, SBTN goes a step further by providing a clear, science-based framework that empowers companies to actively address their impacts, showing how much action to take, where, and when, based on what nature needs. 3️⃣ Long-term value: In the context of an increasingly ambitious regulatory landscape exemplified by CSRD, setting science-based targets for nature helps companies build the capacity and resilience needed to adapt to emerging trends and stay ahead of future requirements, creating enduring value for the business. ➡️ Read more in our full article: https://lnkd.in/eBUTgfST We are grateful to the following subject matter experts for their contributions: Samuel Sinclair and Peter McCann from Biodiversify, Carly Sibilia and Beatrice Boarolo from ERM, Stefan Jimenez Wisler from Deloitte & Touche LLP, and Guillaume Wahl and Christopher Rannou from WWF-France. Nature Positive Initiative, Capitals Coalition, Business for Nature, WBCSD – World Business Council for Sustainable Development, WWF, Biodiversify, ERM, Deloitte & Touche.

🔎🌎 Forward-thinking companies want to set science-based targets for nature - but what exactly is the science? As part of the Global Commons Alliance, we are pleased to share Earth Commission's latest video that explains its latest science and impact in creating a #SafeAndJust space for all. 👇 The Earth’s #GlobalCommons keep our land fertile, our oceans healthy and our climate stable. Above all else, they make our planet habitable. But humans are pushing them out of balance and at risk of coming close to dangerous #TippingPoints in the Earth system. That’s why we must take action, before it’s too late. In 2019, Future Earth brought together a group of leading global scientists from the social and natural sciences to form the #EarthCommission. Together, they set out to establish Safe and Just boundaries for people and planet, defining the next generation of sustainability targets. 🎯🌱 The Safe and Just boundaries is a road map for cities, businesses and other actors to course correct human activities to a safe and just operating space. As Dr Wendy Broadgate, Executive Director, Earth Commission says in the video, companies have a critical role to play: "Leaders in government, from countries and cities through to business leaders, need to be setting science based targets to stay within these earth system boundaries, and they also need to be achieving those targets." ➡️  Find out more about the Earth Commission and their crucial work in their latest video: https://brnw.ch/21wOFKV 🔗 About #ScienceBasedTargets #forNature: https://lnkd.in/dJa9rBh