Hello! Currently, the science-based target setting tools for Power and Electricity Generation which FIs have to use were originally created for the corporate sector.
When will the SBTi release tools specifically designed for FIs? And what will the differences be?
Thank you!
Hi there - for now we are not developing a separate excel tool for FIs. The SDA tools for corporates are still relevant for FIs as there is no difference in the resulting targets, only that for companies they use an individual company intensity, whereas FIs will use the sector portfolio intensity.