The Science Based Targets Network (SBTN) has announced the opening of a month-long consultation on its proposed technical guidance on science-based targets (SBTs) for nature. The guidance is intended to assist companies in assessing and prioritising their environmental impacts and then to set nature-related targets, beginning with freshwater. Once finalised, this guidance will form the basis of the SBTN’s first nature SBTs release which is due in Q1 2023. This will include initial target– setting resources on freshwater and land use, aiming to compliment those on climate from the Science Based Targets initiative. SBTN appointed Dr Varsha Vijay as its new technical director ahead of the first SBT release. Vijay is a quantitative conservation scientist with expertise across biodiversity, land use, data/modelling, monitoring and corporate supply chains. Erin Billman, SBTN’s Executive Director, said: “This first release mark[s] a meaningful half-way point in SBTN’s roadmap from laying the foundation for companies in 2020 with our initial guidance to providing companies with comprehensive science-based targets for nature by 2025.”
🗓 Out for public comment on September 15: draft technical guidance for companies to set science-based targets for nature – beginning with freshwater.
— Science Based Targets Network (@SBT_Network) September 12, 2022