Data gap and target setting tool use

Tools
1

Hello SBT FI team!
Our team are currently working on setting a Category 15 target using the portfolio coverage and temperature rating approach and now have the following questions:

  1. required data inputs include scope 3 emission of portfolio company, however 90% of our portfolio is non-listed companies that does not disclose their emission and also have not set any target. We managed to model their scope 1+2 emission but not able to calculate scope 3 emission. Is it necessary to model scope 3 emission and what is the recommended approach?
  2. the tool seems only give a rating of current portfolio rather than a specific target output. So not sure how an SBT target is developed.
    Thank you!
2 Likes
2

Hi,
i also don’t understand how the temperature scores calculated in the finance tool is translated into actual reduction targets.
It would be great with further clarification/ a guide on this.
thanks and have a nice day.

3

Please see FI-C17.2 and FI-C17.3 as well as footnotes 21 and 23 in the Financial Institutions Near-Term Criteria Version 2.0 for examples of how to calculate the minimum ambition level for Portfolio Coverage and Temperature Rating targets.

You can also view these videos for a tool demonstration.