We’ve all seen the rise of Science Based Targets (SBTI) as the measure of how net zero a company is.
Lots of big companies prove their ESG credentials by signing up to the targets and measure their emissions reductions success against them. That’s all well and good if you have a department of trained specialists to track everything but what about the vast majorities of businesses?
More than 95% of businesses are SMEs and mid sized companies, who will always fail against the absolute standards of SBTI, because as they grow their net emissions often increase with turnover.
So is there a better yardstick for them? I spoke to Chris Hocknell from consultancy Eight Versa who believes carbon intensity metrics are a far better methodology for most business.
I tend to agree, listen now and please sign up to our newsletter and subscribe to the podcast.