The Science Based Targets Network aims to transform economic systems and protect the global commons
We bring together experts from more than 45 NGOs, business associations and consultancies to collectively define what is necessary to do “enough” to stay within Earth’s limits.
Our work builds on the momentum of the Science Based Targets initiative and responds to the demand more methods, guidance and tools to set science-based targets for the whole Earth system.
A global economy in which companies and cities operate within environmental boundaries on a socially equitable basis through the setting of science-based targets (SBTs) to transform their impact.
- Develop methods for cities and companies to set integrated targets across all Earth systems by 2022.
- Build on the progress of establishing science-based targets for climate to achieve widespread adoption of science-based targets on water, land, biodiversity and ocean by 2025.
- Demonstrate significant progress in line with key global policy milestones like the SDGs, and goals and targets under the UNFCCC, UNCCD, CBD, by developing an indicator framework that tracks how SBT setters deliver progress.
- Work to embed adoption of science-based targets within capital markets by partnering with policy makers, financial institutions and service providers such as benchmarkers and credit agencies.
“When we try to pick out anything by itself, we find it hitched to everything else in the Universe.” John Muir
The Global Commons Alliance (Alliance) is supported by a group of funders known collectively as the Investor Collaborative, and hosted by a non-profit independent entity, Rockefeller Philanthropy Advisors, with additional funders providing grants to the Alliance organizations for work that is aligned with the Alliance’s purpose and activities. An up-to-date funders list is maintained on the Alliance website. Launched originally by a set of private foundations who came together with the Global Environment Facility (GEF), the Alliance’s original funders have been joined by others, and this group may, at times, include funders who are formally or informally associated with an ongoing business entity. The Alliance, and the setting of science based targets that it promotes, remain entirely independent from any such entity. At the same time, funders that have an active association with a family or corporate business are committed to strongly encouraging them to sign on to science based targets.