The standard says that SBTi targets should cover 100% of corporate loans to electricity generation companies and, within other long-term debt, min.95 % of lending to Fossil fuel companies. In Polish reality most power generation companies can be defined as Fossil fuel sector companies.
Should companies that are in the Fossil fuels sector be replicated in the Power Generation sector?
Hi Monika,
I’m by far an expert but how I read it is that Power Generation clients should have an SDA target specifically, and that other fossil fuel companies can have also SBT and Temperature Rating targets. As such, there is no duplication. Fossil Fuel Power Generation clients should (all) be captured in an SDA target.
But again, I’m no expert.
Arend Lakke