cover image: LAND TRANSPORT SCIENCE-BASED TARGET-SETTING GUIDANCE Version 1.0 March 2024

20.500.12592/sxkst7g

LAND TRANSPORT SCIENCE-BASED TARGET-SETTING GUIDANCE Version 1.0 March 2024

15 Mar 2024

To understand these requirements in more depth, companies should then review the Procedure for Validation of SBTi Targets and use the Corporate Near-Term Tool and the Corporate Net-Zero Tool to begin developing targets, and use the Criteria Assessment Indicators (CAI) document to ensure its science-based targets are in line with the SBTi criteria, the Land Transport Guidance and the GHG Protocol A. [...] For example, automakers can calculate the absolute ambition required and the absolute reductions required by the target year, then using base and target year sales volumes as the activity metric, express the equivalent of the absolute target in intensity terms within the target language. [...] It builds on the existing manual and guidance included in the tool, the data to use in the target model- of the Science Based Targets initiative (SBTi) for setting ing exercise and the output users can expect to obtain. [...] use the tool with the convergence approach to determine a target for these categories if emissions and activity data The SBTi also accepts supplier engagement targets to is available, the limited market share attributed in the tool to mainstream science-based targets in the value chain 16. [...] The WTW emissions pathways are then divided by the As with LDVs, for LCVs a 1.1 conversion factor is used in activity in vkm for new vehicles to build the intensity path- the MoMo and the values are for the WLTP test cycle.
Pages
51
Published in
United Kingdom