Can FIs set a SBT for my scope 1, 2 and 3 operational GHG emissions now (e.g., gas use, electricity use and business travel) and then one for scope 3 investments at a later date?

For financial institutions, scope 1+2 targets can be preliminarily validated by the SBTi now, but targets covering financed emissions must be submitted to achieve official and public approval by the SBTi.

Is the inverse possible, too? Can we seek preliminary validation for our financed emissions target now, then for our own operational emissions target at a later date? Thanks!

Yes, that’s also possible through the partial submission option described in the target submission form. However, partial targets will not be officially recognized and published by the SBTi even if they meet all relevant criteria.