Inclusion of sector Paper & Pulp, given there is no available SBTi tool for 1.5oC

Hello,

I would like to ask whether and how an FI can still set targets for the sector of “Paper & Pulp” given there is no available SBTi tool for the 1.5oC pathway.

Thanks,
Christina

Hi Christina,

Thank you for your question, the FI Guidance on Scope 3 Portfolio targets require the WB2C pathway for minimum ambition. FIs can still set “Pulp & Paper” targets which are WB2C and can use the original tool to determine the minimum ambition, but are more than welcome to be more ambitious in their targets.

Kind regards,
Haseena