This guide explains how to use Carbon GPT to set, implement, and track science-based emission reduction targets aligned with the latest climate science.
Introduction to Science-Based Targets
- Definition and importance of science-based targets
- Alignment with the Paris Agreement goals
- Business benefits of science-based targets
- Difference from traditional reduction targets
Science-Based Targets Initiative (SBTi)
- Overview of the SBTi framework
- Eligibility and participation requirements
- Target validation process
- Sector-specific guidance
Setting Science-Based Targets
Target Setting Methodologies
- Absolute contraction approach
- Sectoral decarbonization approach (SDA)
- Economic intensity approach
- Temperature rating approach
Scope Coverage Requirements
- Scope 1 and 2 requirements
- Scope 3 screening and target setting
- Near-term vs. long-term targets
- Net-zero target considerations
Implementing with Carbon GPT
Baseline Assessment
- Establishing a complete emissions baseline
- Data quality requirements
- Base year selection
- Recalculation policies
Target Modeling
- Using Carbon GPT's target setting tools
- Scenario analysis and modeling
- Target boundary definition
- Interim milestone setting
Implementation Planning
- Identifying reduction opportunities
- Prioritizing reduction measures
- Developing implementation roadmaps
- Resource allocation
Tracking and Reporting Progress
Monitoring Framework
- Key performance indicators
- Progress tracking dashboards
- Regular review processes
- Corrective action protocols
Disclosure and Reporting
- SBTi progress reporting
- Stakeholder communication
- Integration with sustainability reporting
- Verification and assurance
Case Studies
- How a manufacturing company achieved 45% reduction ahead of schedule
- Technology firm's approach to scope 3 reductions
- Financial institution's financed emissions targets
Common Challenges and Solutions
| Challenge | Solution |
|---|---|
| Scope 3 data limitations | Phased approach with progressive improvement |
| Alignment with business growth | Intensity targets and decoupling strategies |
| Technological constraints | Innovation investment and industry collaboration |
| Stakeholder alignment | Executive sponsorship and cross-functional governance |
Implementation Roadmap
- Conduct emissions inventory
- Determine target boundary
- Select target setting methodology
- Model reduction scenarios
- Set targets and milestones
- Develop implementation plan
- Submit targets for validation
- Monitor and report progress