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How has COVID-19 affected goal-setting? Does the SBTi have any specific guidance or recommendations on this topic?
SBTi
Jul. 27th, 2021
For businesses that have been significantly impacted by the outbreak, the SBTi recommends choosing 2019 as the base year when setting targets, rather than 2020 or 2021. Alternatively, companies are welcome to use the multi-year average base year approach, as described in Chapter 5 of the GHG Enterprise Standard. For those companies that have been relat
For businesses that have been significantly impacted by the outbreak, the SBTi recommends choosing 2019 as the base year, rather than 2020 or 2021, when setting targets. Alternatively, companies are welcome to use the multi-year average base year approach, as described in Chapter 5 of the GHG Enterprise Standard. For those companies that have been relatively less affected by the pandemic, the SBTi still allows 2020 to be used as a base year for target setting and allows companies to decide for themselves the appropriateness of the 2020 base year.
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