SBTI “BY GRANTING EXCESSIVE FLEXIBILITY TO COMPANIES , SBTI WILL LOSE ITS RAISON D ’ ÊTRE : PROMOTING ROBUST AND EFFECTIVE CORPORATE CLIMATE ACTION ”
SABINE FRANK EXECUTIVE DIRECTOR , CARBON MARKET WATCH
SBTi gets some support Not everyone believes SBTi ’ s thinking on carbon credits is muddled .
Elizabeth Sturcken , MD , Corporate Partnerships , Environmental Defense Fund , said : “ This move is a welcome shot-inthe-arm for corporate climate action .
“ This new flexibility can be a gateway to SBTi ’ s ‘ gold standard ’ for corporate targets . SBTi ’ s previous approach to Scope 3 was not working for many companies - especially those with immensely complex global value chains .”
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