SDA for Oil & Gas using pathways from TPI


The Transition Pathway Initiative (TPI) have published a 1,5C pathway for oil & gas companies that covers Scope 1, Scope 2 and Scope 3 (category 11: Use of sold products). The intensity is measured in tCO2e / MJ and the pathway is based on IEA’s Net Zero 2050-scenario.

Taking the SBTi’s policy on fossil fuel companies into account, how should oil & gas companies be assessed in a financial portfolio? Can an oil & gas company in an investment portfolio be assessed using SDA with this pathway?