Setting a SBT demonstrates a clear, robust, and credible commitment to sustainability, which can strengthen a company’s reputation with consumers, suppliers, etc.
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Investors are demanding more action and transparency on ESG issues. SBTs can signal to investors that a company is serious about sustainability.
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Increased regulation around emissions can pose a significant risk to businesses. SBTs enable companies to future-proof their business models by reducing emissions early.
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Setting ambitious SBTs can help drive innovation in companies by forcing products and services to consider emissions in their design.
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SBTs can generate savings by driving lean and efficient operations and building resilience to climate change and resource scarcity.
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Companies that adopt SBTs get a head start on the low-carbon transition and are often perceived as leaders in their industries.
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