FI SBT Guidance

The FI sector SBT guidance looks like updated in August 2022; however, in Table 4-1, page 47 states that scope 1&2 targets can also be set with the absolute contraction method in line with WB2D.

Whereas the V5 documents state that, Scope 1&2 emission targets must be in line with 1.5 Degrees to be approved.

Therefore, can FI’s set WB2D targets for their scope 1&2 according to FI sector guidance OR it must be 1.5 Degrees target according to V5 criteria documents?