Base year recalculation


What is the acceptable threshold for financial institutions to restate their base year emissions?

Kind regards,


Hi Lance,

FIs should currently re-baseline anytime structural changes prompt a change of 5% or greater to their overall emissions inventory and then recalculate their targets (after re-baselining) to check that the ambition and coverage is still sufficient.


Hi Howard,

Thank you very much for your prompt reply. Could you please refer me to where exactly I can find this recommended threshold in any formal SBTi documents?

Kind regards,


The 5% threshold is in the Mandatory target recalculation criteria in the SBTi Corporate Net-Zero Standard Criteria and the draft Version 2 of the Near-Term Financial Sector SBT Guidance as a Triggered target recalculation recommendation.

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Thank you for the answer and references Howard!