Phase out of Portfolio Coverage Approach?

Dear SBTi-Team

We recently had a meeting about SBTi targets with consultants and they did not recommend to us to set targets according to the the portfolio coverage approach due to a potential phase out from SBTi framework. Is this true that there are discussions or intentions to phase out this approach and if yes, by when?

Kind regards

Claudia

hi - did you get an answer? this is relevant!

No, unfortunetly not yet. Have you heard similar rumours?

Apologies for missing this post as we are working on updating the FI Near-Term Criteria (which still includes the Portfolio Coverage method). I am not aware of any such discussions or intentions. Do you know where the consultants got this rumor from?