Renewable energy procurement target for scope 2 SBT

I’m a little confused around the scope 1&2 guidance and how a renewable energy procurement target fits in. We’re a small FI with limited scope 1&2 emissions, and we already procure 100% renewable energy for scope 2. Do we have to set a combined scope 1&2 absolute/intensity target, or can we set a renewable energy procurement target instead? Or do we have to set both if we want to include renewable energy procurement?

hi @kfoley, welcome to the forum.

Please refer to page 3 of the SBTi How to Guide. You may set a combined emissions reduction target on scope 1 and 2, or you may set a scope 1 emissions reduction target and a scope 2 RE procurement target.