Emission reduction target instead of PC/TR for sectors without SDA

Methods
1

Hi,

Currently in the process of setting SBT for a bank.

Part of our balance consists of equity investments in ‘all other sectors (listed companies)’. This is a required subclass. A broad range of sectors is covered, for which no SDA is available.
We do however have access to scope 1, 2 and 3 emissions of those companies. We have calculated the attributed emissions following PCAFs approach.
What are our options to set a target? We would prefer not to set a TR or PC target. Can we set similar reduction targets as for regular scope 3?
E.g. -25% in absolute emissions by 2030 or -52% in economic intensity emissions by 2030?

2

@HowardS any light on this one?
Is it possible to set a cross-sector absolute contraction target for equity / fixed income investments in “all other sectors”?

3

The list of available target-setting methods can be found in Table 1 of the Financial Institutions Near-Term Criteria Version 2.0. The Absolute Contraction Approach is not available for scope 3, category 15 targets.