The UN Secretary-General is convening the UN Climate Action Summit on 23 September 2019 to raise ambition to tackle climate change. UN Global Compact supports the Summit by ensuring meaningful private sector contributions — one of them being setting a science-based target — or Business NDC. Science-based targets provide companies with a clearly defined pathway to future-proof growth by specifying how much and how quickly they need to reduce their greenhouse gas emissions. In light of the latest climate science and in the lead up to the Summit, the UN Global Compact calls on all companies to set their science-based targets with a new level of ambition — one that aligns with 1.5°C pathways. Starting with setting the context of the Climate Summit, experts from the Science Based Targets initiative will present new updated guidance to help companies raise ambition in practice. We will also hear from companies that recognize that greater ambition reaps greater benefits and are already pursuing emission reduction targets with a new level of ambition.
During this interactive session, you will learn about:
- The science behind the need to raise ambition and set science-based targets aligned with 1.5 degrees Celsius pathways
- Updates on methodologies and guidance for setting a science-based target
- How scope 3 targets are affected by the new climate science
- What corporate leaders are saying about their 1.5-aligned targets