Base year recalculation

SBTi commitments and submissions
1

Hi,

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

Kind regards,

Lance

2

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.

Thanks,
Howard

3

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,

Lance