Launch of Apparel Sector Guidance for Setting Science-based Targets
10:00 AM - 11:30 AM EDTOnline
Join our webinar to learn more how we're helping the apparel industry to reduce its greenhouse gas emissions and how your organization can participate.
The apparel sector has an important role to play in the transition to a low-carbon economy. Setting science-based targets (SBTs) that are aligned with the level of decarbonization required to keep global temperature rise well below 2° Celsius is a powerful way for companies to boost their competitive advantage and ensure they are doing their part to reach a 2-degree world.
The Science Based Targets initiative — a partnership between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC) — supports companies in setting SBTs by defining and promoting best practice, offering tools and guidance to reduce barriers to adoption, and independently assessing and approving companies’ targets.
WRI is uniquely qualified to lead the development of guidance for the apparel sector due to its expertise in developing GHG Protocol accounting standards, role as a partner in the Science Based Targets initiative, and recent experience working with Nike to develop its science-based target. Working with Nike helped WRI to identify some of the technical challenges that need to be addressed and other barriers that would benefit from cross-sector engagement.
The guidance will provide clarity on credible approaches for setting SBTs for company operations (scopes 1 and 2), and setting ambitious targets for value chain (scope 3) emissions. WRI will work closely with apparel sector companies to finalize the key issues that need to be addressed and the guidance development process. Key stakeholders will be identified and targeted for engagement, and the guidance will be developed through an inclusive 16-month-long multi-stakeholder process.
- Introduction to the Science Based Targets initiative
- Objective and scope of the proposed apparel sector guidance
- Potential technical topics to address, including: choosing a target setting method for your operations, target boundaries, setting scope 3 targets and approaches to assess ambition, scope 3 data sources and emissions calculations, and opportunities to engage suppliers
- Proposed timeline and workplan to develop and publish the guidance
- Opportunities for apparel companies and other stakeholders to participate
If you can’t join this webinar but would like to view a recording, or to receive updates about this guidance, send an email to email@example.com. Please include your name, title, and company in the email.