Setting Targets

Data collection is only one part of the carbon accounting puzzle. In addition to the calls for data transparency, stakeholders are also focused on how companies use the data to set near- and long-term targets and the processes in place to hold them accountable for delivering against these targets. If you’re getting ready to set targets and develop decarbonization strategies, the resources outlined here will help provide context for setting science-based targets and insight into some best practices for investors and private companies. Click through the resources to learn more.

What to Know About SBTi V2

The Science Based Targets Initiative (SBTi) recently proposed changes to its key standard. Here’s what’s changing and how companies can prepare to align with the new decarbonization standard.

SBTi for GPs and Private Companies

The SBTi is considered the gold standard for setting carbon emission reduction goals for non-governmental entities. Here’s how GPs and portfolio companies can apply the SBTi to advance their carbon reduction strategy.

Decarbonization Frameworks: NZIF and PMDR

Private market investors are uniquely positioned to advance decarbonization. Dive into two frameworks that offer detailed guidance for private equity investors to engage more deeply with net zero and decarbonization efforts.

Unpacking Science-Based Targets

Mark Fischel, Head of Product at Novata, explores science-based targets (SBT), which are rooted in the Paris Agreement’s goals to limit global warming, and explains how SBTs translate global climate ambitions into actionable business strategies.

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Navigating Decarbonization Strategies for Investors

Dive into the nuances of decarbonization for the private markets. Novata's carbon experts explore the different frameworks for setting science-aligned targets, break down financed emissions, and share practical insights on staying ahead in a changing landscape.

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03 Setting Targets

We’ve collected data and are ready to set science-aligned targets.

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Ready to get started?

In today's landscape, effectively managing carbon emissions data is imperative for investment firms and private companies to get ahead. Carbon accounting can seem complex, but the right tools can help streamline the process.

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01 Getting Started

We’re new to carbon accounting and need to understand the basics.

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02 Beyond the Baseline

We’ve initiated some measures but need to optimize our processes.

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