Hi, For example, as a financial institution, we want to set a science based GHG reduction target for our energy generation portfolio (power) using the SDA Tool;
• Should we use the SDA cumulatively for all the power plants with different technologies (including the renewables not just the fossil fueled power plants) in our portfolio?
• Should we use the SDA-SBT Tool to determine a target for our financed emissions in the energy sector? There is also SDA-Scope 3 Tool, as far as I understand SDA-Scope 3 Tool is developed for the energy companies to determine their GHG reduction target for its Scope 3 emissions.
• For example, we financed %10 of the total investments made for a fossil fuel power plant. Based on the SBTi requirements, should we calculate our target as if all the investments made for the power plant by a consortium of the banks are under our responsibility (Alternatively, our financed emissions equal to whole GHGs or %10 of the GHGs emitted from the power plant)?
Thanks so much.