Swati Mandloi [Part – 4]

Catch here the final episode of the conversation between our host and founder Rene Velasquez and the inspiring Swati Mandloi, an advocate for climate sustainability and emissions reduction.

On this episode, Rene and Swati talk about the Science Based Targets initiative (SBTi). An initiative that drives ambitious climate action in the private sector by enabling organizations to set science-based emissions reduction targets.

They discuss the global adoption of different countries and stakeholders supporting SBTi to drive emissions reductions. They the discuss about downside of SBTi’s lack of guidance around the role of markets and beyond value chain mitigation. They close off the episode talking about the role of Government in guiding companies towards compliance to SBTi and pushing companies towards net zero targets.

Timestamps:

Fact Correction

In timestamp 01:49 , Swati would like to ammend her statement. She would like to correct the fact she mentioned about the SBTi report. “There was a 80% increase in uptake and not market cap”

Below are some facts for reference and a lik to the SBTi progress report launched in August.
– Corporate climate action accelerated in 2022, with an 87% increase in companies setting science-based targets
– Japan had the highest number of companies setting targets in 2022 (201), followed by the UK (181) and the US (109)
– The SBTi report shows more companies set targets in 2022 than the entire seven years prior
– Over a third (34%) of the global economy by market capitalization have science-based targets or have committed to set them
– Report Link: https://sciencebasedtargets.org/resources/files/SBTiMonitoringReport2022.pdf

If you’d like to listen to the full audio episode, please feel free to listen to it on Spotify: https://lnkd.in/e2Thq3cy