The Science Based Targets Initiative (SBTi) has issued an updated version of its target-setting guidance for companies in the Forest, Land and Agriculture (FLAG) sector.
Companies setting targets in line with the revised FLAG guidance are required to publish documentation demonstrating how they will deliver no-deforestation commitments. They are also given a two-year timeline to eliminate deforestation.
Karl Downey, SBTi head of sector standards, stated: “In setting science-based targets in line with the new version of the FLAG Guidance, and defining appropriate decarbonisation strategies to implement those targets, companies can help to not only stabilise the climate but preserve the land on which their businesses depend.”
Companies:Science Based Targets Initiative
People:Karl Downey