June 2024 newsletter

27/06/2024

Dear Colleague,

Exciting developments are unfolding at SBTN. First, we recently announced the Accountability Accelerator becoming the host of our target validation service, further safeguarding the integrity of science-based targets for nature. Looking ahead, we are set to release updated methods next month, refined through insights from our corporate pilot. These enhancements aim to provide companies with method guidelines and validation requirements that are clear and feasible while ensuring ambitious action.

Below is a preview of what will be available to you, beginning July 10:

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 – companies have been asking for a comprehensive entry-point into our technical methods and we are excited to deliver this. It will be available as a both downloadable document as well as an interactive version on our website
✅NEW illustrative case studies to accompany the technical methods

Tools & useful resources
✅Updated materiality screening tool – now enhanced with new interface and upstream function
✅Updated technical FAQs
✅Updated high impact commodity list (V1.1)
✅Pilot Summary Report

We look forward to sharing this and more with you in July, and don’t forget that in the meantime your organization can submit its interest in the upcoming target validation services until the end of next month. 

Thank you for being part of SBTN’s journey as we continue to pursue our bold and ambitious goals together towards a nature positive future.

Best wishes,

Erin Billman
Executive Director
Science Based Targets Network

Get more information on science-based targets for nature, find out how to take action as a company or explore our Corporate Engagement Program.