Small Private Debt Provider

SBTi commitments and submissions
1

Hi,

For a small private debt provider, is it possible to just set Scope 1 & 2 targets and if so which route should these be summitted by?

The guidance states “For the time being, private debt is considered optional for private
equity firm” and data quality is currently a challenge.

Would other scope 3 targets (e.g. business travel) be recommended or mandated?

2

Hi, any thoughts on the above would be greatly appreciated!

3

Financial institutions must set scope 1 and 2 and scope 3 category 15 targets based on the Near-Term Financial Sector SBT Guidance and PE Guidance. Scope 3 categories 1-14 targets are also recommended. If an FI is involved solely or mainly in optional asset classes, it should contact the SBTi to discuss a minimum target coverage boundary of these asset class(es) for the portfolio targets to be considered credible.