In the target guidance for the financial sector (FI-C17.2 – SBT Portfolio Coverage Targets) we are given the option to choose between the different weighting approaches given in the SBTi Finance Tool. I assume that this gives us the choice to use WATS, TETS, MOTS, EOTS, ECOTS, AOTS or ROTS. Is that correct?
We would like to use the ECOTS approach, as this creates a direct link between our financed portfolio emissions and our science based target. In the guidance (and also the Temperature Rating Methodology) it is only stated that we should weight “company emissions”. Which scopes should be included?
I can think of a few options
- Scope 1+2 for all portfolio companies.
- Scope 1+2+3 for all portfolio companies.
- Scope 1+2 for all companies, and also Scope 3 for some chosen sectors (i.e. oil & gas, automotive etc.)