Target Setting & Action Planning
Introduction
With growing regulatory, investor, and consumer expectations to decarbonize, businesses must set science-based carbon targets and implement actionable strategies to reduce emissions. Aligning with frameworks like the Science Based Targets Initiative (SBTi), Carbon Border Adjustment Mechanism (CBAM), and Corporate Sustainability Reporting Directive (CSRD) ensures credibility and compliance in carbon management.
Bureau Veritas helps businesses define, validate, and implement carbon reduction targets through carbon footprint assessments, decarbonization roadmaps, Scope 1, 2, and 3 emissions tracking, and science-based target alignment. Our expert-led solutions ensure organisations can transition towards net-zero with measurable impact and regulatory compliance.
Leveraging deep sustainability and regulatory expertise, Bureau Veritas supports businesses in setting realistic Science Based Targets initiative (SBTi) target, defining a climate transition action plan, and supporting implementation with progress tracking.
As organizations navigate the transition towards a low-carbon future, Bureau Veritas provides expert solutions to help companies credibly set emissions reduction targets and implement actionable decarbonization strategies. Bureau Veritas experts also help businesses transparently communicate climate commitments and transition plans to key stakeholders, ensuring accountability.
Our offerings include:
SBTi target setting: Bureau Veritas supports businesses throughout the entire planning process, from setting science-based emissions reduction targets in alignment with SBTi criteria and the GHG Protocol standards, up to receiving official SBTi validation.
Climate Transition Planning: Bureau Veritas closely works with businesses / organizations to translate SBTi target into a robust climate transition plan that outlines specific actions and timelines.
Implementation and reporting: Bureau Veritas provides comprehensive climate transition support, delivering project management and technical expertise to execute strategies and monitor progress. It covers emissions reduction initiatives across the organization, covering all scopes 1, 2 and 3.
Sectors
We support all types of organizations with their decarbonization strategy and target setting journey net zero and climate transition plans, regardless of sector or geography.
Challenges
Decarbonization is a key pillar of many organizations' sustainability strategies, driven by new climate legislation and growing stakeholder demands. Companies across sectors are setting science-based climate targets, including near-term emissions reduction goals and long-term commitments to achieve net-zero emissions by 2050. Some companies are taking a more ambitious approach, aiming for accelerated emissions reductions by 2030 or 2040, reflecting the urgency of the climate crisis and the need for a rapid transition to a low-carbon economy.
Science Based Target initiative (SBTi) commitment and Climate transition planning help businesses demonstrate their commitment to decarbonization goals and align with the EU Corporate Sustainability Reporting Directive (CSRD) on disclosing climate change efforts.
With Bureau Veritas’ SBTi Target Setting & Climate Transitioning advisory services, companies can seamlessly align their operations and strategies with the Paris Agreement goals and maintain their market competitiveness.
Critical use case
Bureau Veritas partnered with Trèves Group in 2022, a prominent automotive equipment supplier, to design a comprehensive science-based decarbonization roadmap. Driven by the automotive industry's stringent demand for product-level carbon footprint transparency, Bureau Veritas spearheaded Trèves' efforts in consolidating a robust global greenhouse gas calculation methodology, anchored in the GHG Protocol standards.
Throughout this transformative journey, Bureau Veritas played a pivotal role, meticulously ensuring the roadmap's viability, feasibility, and seamless integration across technical, managerial, and organizational facets of Trèves' science-based decarbonization endeavors. This collaborative endeavor positions Trèves to meet evolving sustainability expectations from automotive manufacturers.
Our Impact
Bureau Veritas is recognized as a trusted partner to its clients, providing market-leading solutions and support to measure, manage, and reduce their environmental impact.
Bureau Veritas has also pledged support for the "Aiming for Zero Methane Emissions" initiative, joining over 80 other companies committed to achieving Net Zero methane emissions from oil and gas operations by 2030.
This commitment underscores Bureau Veritas' role in helping specific industries to implement, evaluate and verify science-backed sustainability improvements.
Why Bureau Veritas?
As sustainability leaders with a proven track record, Bureau Veritas offers holistic support for clients' net zero and climate transition initiatives, spanning environmental management, risk mitigation, and regulatory compliance, services that have solidified our reputation as trusted partners.
Leveraging our global footprint in over 140 countries, Bureau Veritas provides local regulation support while upholding international best practices and standards such as and not limited to SBTi, Global Reporting Initiative (GRI), GHG Protocol, and ISO 14001.
Our services:
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