Science Based Targets initiative guidance – what you need to know

The Science Based Targets initiative (SBTi) has released its first guidance for the built environment sector to achieve Net Zero emissions.

Buildings and the built environment contribute over 25% of global energy-related emissions and are heavily impacted by the climate crisis. The guidance outlines four key actions:

• Stop Fossil Fuel Installations: By 2030, companies must halt installing fossil fuel-based heating, cooking, power generation, and hot water equipment to cut direct emissions.

• Reduce Operational Emissions: Companies must lower in-use operational emissions, with regional pathways developed by SBTi and CRREM to reflect local power grids and building usage.

• Target Embodied Emissions: With a 15% growth in global built area expected by 2030, companies must reduce emissions from raw materials, manufacturing, transportation, and construction.

• Retrofit Buildings: As 80% of current buildings will still be standing by 2050, retrofitting rates need to more than double by 2030 to meet the IEA’s Net Zero by 2050 Scenario.

Speak to us at Verte to help you plan and implement your Net Zero journey: hello@verteltd.com.