CDP Climate Change 2022 Reporting Guidance

(C4.1b) Provide details of your emissions intensity target(s) and progress made against those target(s).

Question dependencies

This question only appears if you select “Intensity target” in response to C4.1.

Change from last year

Modified question

Rationale

The question is aimed at encouraging best practice in target setting, such as the use of science-based targets where available.

Connection to other frameworks

TCFD

Metrics & Targets recommended disclosure c) Describe the targets used by the organization to manage climate related risks and opportunities and performance against targets.

SDG

Goal 7: Affordable and clean energy

Goal 12: Responsible consumption and production

Goal 13: Climate action

2018 RobecoSAM Corporate Sustainability Assessment (DJSI)

Climate-related targets

NZAM (FS only)

Commitment 1

Response options

Please complete the following table. The table is displayed over several rows for readability. You are able to add rows by using the “Add Row” function at the bottom of the table.

[Add row]

*This column only appears if you select one of the “Yes…” options in column “Is this a science-based target?”

Intensity metric drop-down options:

Select one of the following options:

• Grams CO₂e per revenue passenger kilometer
• Metric tons CO₂e per USD($) value-added
• Metric tons CO₂e per square meter
• Metric tons CO₂e per metric ton of aluminum
• Metric tons CO₂e per metric ton of steel
• Metric tons CO₂e per metric ton of cement
• Metric tons CO₂e per metric ton of cardboard
• Grams CO₂e per kilometer
• Metric tons CO₂e per unit revenue
• Metric tons CO₂e per unit FTE employee
• Metric tons CO₂e per unit hour worked
• Metric tons CO₂e per metric ton of product
• Metric tons of CO₂e per liter of product
• Metric tons CO₂e per unit of production
• Metric tons CO₂e per unit of service provided
• Metric tons CO₂e per square foot
• Metric tons CO₂e per kilometer
• Metric tons CO₂e per passenger kilometer
• Metric tons CO₂e per megawatt hour (MWh)
• Metric tons CO₂e per barrel of oil equivalent (BOE)
• Metric tons CO₂e per vehicle produced
• Metric tons CO₂e per metric ton of ore processed
• Metric tons CO₂e per ounce of gold
• Metric tons CO₂e per ounce of platinum
• Metric tons of CO₂e per metric ton of aggregate
• Metric tons of CO₂e per billion (currency) funds under management
• Other, please specify

Is this a science-based target? Drop-down options:

Select one of the following options:

• Yes, and this target has been approved by the Science Based Targets initiative
• Yes, we consider this a science-based target, and the target is currently being reviewed by the Science Based Targets initiative
• Yes, we consider this a science-based target, and we have committed to seek validation of this target by the Science Based Targets initiative in the next two years
• No, but we are reporting another target that is science-based
• No, but we anticipate setting one in the next 2 years
• No, and we do not anticipate setting one in the next 2 years

Requested content

General

• Note that CDP is requesting data on gross emissions targets. Gross means total emissions before any deductions or other adjustments are made to take account of offset credits, avoided emissions, and/or reductions attributable to the sequestration or transfer of GHGs (except in a specific case of bioenergy use for science-based targets – see “Additional information” for more details).
• If you have a target that will be met in part by offsetting (including carbon neutrality targets), or CO2 removals except for the bioenergy case specified in “Additional information”, only the proportion of the target that relates to emissions reductions (and not offset purchases or CO2 removals) should be reported here. If you are uncertain of the proportion that will be achieved through emissions reductions, make an estimation based on the initiatives that you have in place or planned.
• Targets to reduce emissions in the product use phase or to reduce emissions from the supply chain should be captured as Scope 3 targets.

Target reference number (column 1)

• Select a unique target reference from the drop-down menu provided to identify the target in subsequent questions and to track progress against the target in subsequent reporting years.
• If you reported a target to CDP last year and will be reporting progress against the same target this year, ensure you use the same target reference number as last year. For any new targets you are adding, always use a new reference number that you have not used previously.

Year target was set (column 2)

• Enter the year in which your company set the target.
• This must be either before or during the reporting year, but cannot be after the reporting year. It also cannot be after the target year.
• If you have a year-on-year rolling target, enter the year you first set the target. This can be before the base year.
• If you set the target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain target coverage and identify any exclusions” column.

Target coverage (column 3)

• If the target applies to the whole company, select “Company-wide”. Note that “company” refers collectively to all the companies, businesses, organizations, other entities or groups that fall within your definition of the reporting boundary.
• It is considered best practice to report one overarching target covering total company-wide Scope 1 and 2 emissions. Sub-targets may also be reported in additional rows.
• If the target does not apply to the whole company, select the option that best describes the coverage of the target, and provide further details in the “Please explain target coverage and identify any exclusions” column. E.g. if your target applies only to your European operations, select “Country/region” in this column and specify the country/region in the “Please explain target coverage and identify any exclusions” column.

Scope(s) (column 4)

• This refers to the Scope(s) of emissions to which the target relates. Note that the target does not have to comprise all emissions within a particular Scope.

Scope 2 accounting method (column 5)

• This column only appears if you select “Scope 2” in column 4 “Scope(s)”.
• Indicate whether the target relates to your location-based or market-based Scope 2 emissions.

Scope 3 category(ies) (column 6)

• This column only appears if you select “Scope 3” in column “Scope(s)”.
• Select the Scope 3 emissions category(ies) that relate to this target.
• The categories of Scope 3 emissions have been taken from the Greenhouse Gas Protocol’s Corporate Value Chain (Scope 3) Accounting and Reporting Standard. Refer to the Standard for additional information on the sources that each category comprises and how to calculate these emissions. If you are specifying a Scope 3 source under “Other, please specify” please make clear whether it is an upstream or downstream source.

Intensity metric (column 7)

• If you select “Other, please specify,” provide a label for the metric.
• This should be in the format “mass CO2 per activity,” as in the drop-down options above.

Base year (column 8)

• The base year is the year against which you are comparing your emissions reduction target
• If you have a year-on-year rolling target, the base year will be the previous reporting year.
• If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain target coverage and identify any exclusions” column.
• If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain target coverage and identify any exclusions” column.
• You cannot have a base year that is in the future.

Intensity figure in base year for Scope 1 (metric tons CO2e per unit of activity) (column 9)

• This column only appears if you select “Scope 1” in column 4 “Scope(s)”.
• Enter the Scope 1 emissions intensity figure in the base year covered by the target in this column.
• If the target encompasses multiple Scopes, this figure should be based upon the Scope 1 proportion only.
• Note that the base year Scope 1 emissions intensity figure should be calculated by dividing the base year Scope 1 emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2 emissions per full time equivalent (FTE) employee by 22%, using 2015 as the base year and 2025 as the target year, calculate what your company-wide Scope 1 emissions were per FTE in 2015 and enter that figure in this column.

Intensity figure in base year for Scope 2 (metric tons CO2e per unit of activity) (column 10)

• This column only appears if you select “Scope 2” in column 4 “Scope(s)”.
• Enter the Scope 2 emissions intensity figure in the base year covered by the target in this column.
• If the target encompasses multiple Scopes, this figure should be based upon the Scope 2 proportion only.
• Note that the base year Scope 2 emissions intensity figure should be calculated by dividing the base year Scope 2 emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2 emissions per full time equivalent (FTE) employee by 22%, using 2015 as the base year and 2025 as the target year, calculate what your company-wide Scope 2 emissions were per FTE in 2015 and enter that figure in this column.

Intensity figure in base year for Scope 3 (metric tons CO2e per unit of activity) (column 11)

• This column only appears if you select “Scope 3” in column 4 “Scope(s)”.
• Enter the Scope 3 emissions intensity figure in the base year covered by the target in this column.
• If the target encompasses multiple Scopes, this figure should be based upon the Scope 3 proportion only.
• Note that the base year Scope 3 emissions intensity figure should be calculated by dividing the base year Scope 3 emissions covered by the target for the Scope 3 category(ies) selected in column 6 by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2+3 emissions per unit revenue by 46%, using 2018 as the base year and 2027 as the target year, calculate what your company-wide emissions per unit revenue were in 2018 for the Scope 3 category(ies) selected in column 6, and enter this figure in this column.
• If your target covers only certain activities within a Scope 3 category (as indicated in column 3 “Target coverage”), you should calculate the base year intensity figure using the base year emissions relating to those activities only, rather than the emissions for the Scope 3 category as a whole.

Intensity figure in base year for all selected Scopes (metric tons CO2e per unit of activity) (column 12)

• Enter the emissions intensity figure in the base year covered by the target for all Scopes selected in column 4 in this column.
• Note that this figure should be calculated by dividing the total base year emissions covered by the target in all Scopes selected in column 4 by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2 emissions per full time equivalent (FTE) employee by 22%, using 2015 as the base year and 2025 as the target year, calculate what your company-wide Scope 1+2 emissions were per FTE in 2015 and enter this figure in this column
• If the target relates to a single Scope, this figure will be the same as the figure reported in either column 9, column 10, or column 11.

% of total base year emissions in Scope 1 covered by this Scope 1 intensity figure (column 13)

• This column only appears if you select “Scope 1” in column 4 “Scope(s)”.
• Enter the base year Scope 1 emissions covered by the target as a percentage of your total company-wide base year emissions in Scope 1.
• If the target encompasses multiple Scopes, the percentage should be based upon the Scope 1 proportion only.
• Note that for this calculation you should use the absolute base year Scope 1 emissions covered by the target (i.e. metric tons CO2e), not the Scope 1 intensity figure you reported in column 9 (i.e. metric tons CO2e per unit activity).
• E.g. if your target is to reduce your Scope 1+2 emissions per FTE employee in your European operations only, and the Scope 1 emissions from your European operations accounted for 80% of your total Scope 1 emissions in the base year, then you should enter 80 into this column.
• Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for Scope 1.

% of total base year emissions in Scope 2 covered by this Scope 2 intensity figure (column 14)

• This column only appears if you select “Scope 2” in column 4 “Scope(s)”.
• Enter the base year Scope 2 emissions covered by the target as a percentage of your total company-wide base year emissions in the Scope 2.
• If the target encompasses multiple Scopes, the percentage should be based upon the Scope 2 proportion only.
• Note that for this calculation you should use the absolute base year Scope 2 emissions covered by the target (i.e. metric tons CO2e), not the Scope 2 intensity figure you reported in column 10 (i.e. metric tons CO2e per unit activity).
• E.g. if your target is to reduce your Scope 1+2 emissions per FTE employee in your European operations only, and the Scope 2 emissions from your European operations accounted for 30% of your total Scope 2 emissions in the base year, then you should enter 30 into this column.
• Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for Scope 2.

% of total base year emissions in Scope 3 (in all Scope 3 categories) covered by this Scope 3 intensity figure (column 15)

• This column only appears if you select “Scope 3” in column 4 “Scope(s)”.
• Enter the base year Scope 3 emissions covered by the target as a percentage of your total company-wide base year emissions for all Scope 3 categories calculated in the base year.
• E.g. if you have selected only one Scope 3 category (e.g. Business travel), you should enter the base year emissions in that category as a percentage of your total base year Scope 3 emissions as a whole.
• If the target encompasses multiple Scopes, the percentage should be based upon the Scope 3 proportion only.
• Note that for this calculation you should use the absolute base year Scope 3 emissions covered by the target (i.e. metric tons CO2e), not the Scope 3 intensity figure you reported in column 11 (i.e. metric tons CO2e per unit activity).
• E.g. if your target is to reduce your Scope 1+2+3 emissions per unit revenue for a particular business activity only (e.g. office-based operations, etc.), and the Scope 3 emissions from that business activity accounted for 20% your total Scope 3 emissions in the base year, then you should enter 20 into this column.
• Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for Scope 3.

% of total base year emissions in all selected Scopes covered by this intensity figure (column 16)

• Enter the total base year emissions covered by the target as a percentage of your total company-wide base year emissions in all Scopes selected in column 4.
• Note that for this calculation you should use the absolute base year emissions covered by the target in all selected Scopes (i.e. metric tons CO2e), not the intensity figure you reported in column 12 (i.e. metric tons CO2e per unit activity).
• E.g. if your target is to reduce your Scope 1+2+3 emissions per FTE employee for your UK operations, and the Scope 1+2+3 emissions from your UK operations accounted for 10% your total, company-wide Scope 1+2+3 emissions, then you should enter 10 into this column.
• Note that entering a value of 100% indicates that the target covers your company’s total, global gross emissions in the base year for all Scopes selected in column 4.

Target year (column 17)

• If you have a year-on-year rolling target, the target year will be the reporting year.
• If you have a target based on financial years, enter the year that applies to the end of your financial year and specify this in the “Please explain target coverage and identify any exclusions” column.
• If you have a target based on average emissions over a period of time (e.g. 5-year average), enter the year that applies to the end of the average period and specify this in the “Please explain target coverage and identify any exclusions” column.

Targeted reduction from base year (%) (column 18)

• Enter your targeted emissions intensity reduction as a percentage reduction of the emissions intensity figure in all Scopes relevant to the target to be achieved in the target year, when compared to the base year.
• E.g. if your target is to reduce your Scope 1+2 emissions per FTE employee to 7 metric tons CO2e per FTE employee and your base year Scope 1+2 intensity figure was 9 metric tons CO2e per FTE employee, you should enter 22 into this column (i.e. ((9-7)/9)=0.22; then multiply by 100 for percentage value).
• If your target is to stabilize your emissions intensity at the base year level, you should enter 0 in this column.
• Note that this column is intended to describe the targeted percentage reduction from the base year that is to be achieved in the target year, not the percentage reduction from the base year observed in the reporting year.

Intensity figure in target year for all selected Scopes (metric tons CO2e per unit of activity) [auto-calculated] (column 19)

• This column will be auto-calculated in the ORS.
• The intensity figure in your target year covered by the target will be calculated from the “Intensity figure in base year for all selected Scopes” (column 12) and the “Targeted reduction from base year” (column 18) columns. Ensure that you have entered data into these columns.
• E.g. if your base year Scope 1+2 intensity figure was 9 metric tons CO2e per FTE employee, and your targeted reduction is 22%, this column will display 7.

% change anticipated in absolute Scope 1+2 emissions (column 20)

• Complete this column if your target relates to Scope 1 and/or Scope 2 emissions. If your target does not relate to Scope 1 and/or Scope 2 emissions, enter 0 (zero) in this column.
• Enter the percentage change in your total absolute gross global Scope 1+2 emissions anticipated, based on the information provided in the previous columns. A positive figure indicates that you anticipate an increase in emissions.
• Note that even if your target only relates to one Scope (i.e. Scope 1 or 2), enter the change anticipated in your Scope 1+2 emissions.

% change anticipated in absolute Scope 3 emissions (column 21)

• Complete this column if your target relates to Scope 3 emissions. If your target does not include Scope 3 emissions, enter 0 (zero) in this column.
• Enter the percentage change in your total absolute global Scope 3 emissions (in all Scope 3 categories) expected, based on the information provided in the previous columns. A positive figure indicates that you anticipate an increase in emissions.

Intensity figure in reporting year for Scope 1 (metric tons CO2e per unit of activity) (column 22)

• This column only appears if you select “Scope 1” in column 4 “Scope(s)”.
• Enter the Scope 1 emissions intensity figure in the reporting year covered by the target in this column.
• If the target encompasses multiple Scopes, this figure should be based upon the Scope 1 proportion only.
• Note that the Scope 1 emissions intensity figure in the reporting year should be calculated by dividing your reporting year Scope 1 emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your Scope 1+2 emissions per full time equivalent (FTE) employee from 9 metric tons CO2e to 7 metric tons CO2e and in the reporting year your Scope 1 emissions per FTE employee were 5 metric tons CO2e, enter 5 in this column.

Intensity figure in reporting year for Scope 2 (metric tons CO2e per unit of activity) (column 23)

• This column only appears if you select “Scope 2” in column 4 “Scope(s)”.
• Enter the Scope 2 emissions intensity figure in the reporting year covered by the target in this column.
• If the target encompasses multiple Scopes, the percentage should be based upon the Scope 2 proportion only.
• Note that the Scope 2 emissions intensity figure in the reporting year should be calculated by dividing your reporting year Scope 2 emissions covered by the target by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your Scope 1+2 emissions per full time equivalent (FTE) employee from 9 metric tons CO2e to 7 metric tons CO2e and in the reporting year your Scope 2 emissions per FTE employee were 3 metric tons CO2e, enter 3 in this column.

Intensity figure in reporting year for Scope 3 (metric tons CO2e per unit of activity) (column 24)

• This column only appears if you select “Scope 3” in column 4 “Scope(s)”.
• Enter the Scope 3 emissions intensity figure in the reporting year covered by the target in this column.
• If the target encompasses multiple Scopes, the percentage should be based upon the Scope 3 proportion only.
• Note that the Scope 3 emissions intensity figure in the reporting year should be calculated by dividing your total reporting year Scope 3 emissions covered by the target for the Scope 3 category(ies) selected in column 6 by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2+3 emissions per unit revenue from from 16 metric tons CO2e to 5 metric tons CO2e and in the reporting year your Scope 3 emissions per unit revenue for the Scope 3 category(ies) selected in column 6 were 2 metric tons CO2e, enter 2 in this column.
• If your target covers only certain activities within a Scope 3 category (as indicated in column 3 “Target coverage”), you should calculate the intensity figure in the reporting year using the reporting year emissions relating to those activities only, rather than the emissions for the Scope 3 category as a whole.

Intensity figure in reporting year for all selected Scopes (metric tons CO2e per unit of activity) (column 25)

• Enter the emissions intensity figure in the reporting year covered by the target for all Scopes selected in column 4 in this column.
• Note that this intensity figure should be calculated by dividing your total reporting year emissions covered by the target in all Scopes selected in column 4 by the intensity metric denominator (e.g. unit revenue, metric ton of product etc).
• E.g. if your target is to reduce your company-wide Scope 1+2 emissions per full time equivalent (FTE) employee from 9 metric tons CO2e to 7 metric tons CO2e and in the reporting year your Scope 1+2 emissions per FTE employee were 8 metric tons CO2e, enter 8 in this field.
• If the target relates to a single Scope, this figure will be the same as the figure reported in either column 22, column 23, or column 24.

% of target achieved relative to base year [auto-calculated] (column 26)

• This column will be auto-calculated in the ORS.
• The target’s percentage completion (in terms of emissions) relative to the base year will be calculated from the “Intensity figure in base year for all selected Scopes” (column 12), “Targeted reduction from base year” (column 18), and the “Intensity figure in reporting year for all selected Scopes” (column 25) columns. Ensure you have entered data into these columns.
• E.g. if your target is to reduce your Scope 1+2 emissions per FTE employee by 22% and in the reporting year your Scope 1+2 emissions per FTE employee had reduced by 11% compared to the base year, this column will display 50 as your target is 50% complete.
• Negative values indicate an increase in the emissions intensity figure compared to the base year.
• Values greater than 100 incidate that you have exceeded your target.
• This column will not appear if you set a target to stabilize your emissions intensity at the base year level, i.e. if you have entered 0 (zero) in column “Targeted reduction from base year (%)” (column 18).

Target status in reporting year (column 27)

• New – Select this option for targets that have been set in the reporting year and are still in progress.
• Underway – Select this option for targets that were set before the reporting year, with a target year in the future, that have not been achieved and continue to be pursued.
• Achieved – Select this option for targets that have been achieved or exceeded in the reporting year.
• Expired – Select this option for targets with a target year of the reporting year, that have not been achieved and have therefore expired in the reporting year.
• Revised – Select this option for targets that were set before the reporting year but a revision has been made to any of the elements in columns 2 to 25 in the reporting year, for example due to a recalculation of the base year emissions intensity or a change to the target year.
• Replaced – Select this option for previously reported targets that have been replaced with another target in the reporting year, for example where a facility target has been incorporated into a company-wide target.
• Retired – Select this option for targets with a target year in the future, that have not been achieved, but will no longer be pursued. Provide more information as to why this target was retired in the “Please explain target coverage and identify any exclusions” column.

Is this a science-based target? (column 28)

• A brief description of science-based targets and why CDP is asking companies to set them is provided as additional information to this question.
• In addition, see the Technical Note on Science-Based Targets for what qualifies as a science-based target and how to assess your target against the Science Based Targets initiative’s criteria.
• Yes, and this target has been approved by the Science Based Targets initiative – Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practice in science-based target setting. Select this option only if the target has been approved by the SBTi.
• Yes, we consider this a science-based target, and the target is currently being reviewed by the Science Based Targets initiative – If your company has set a target and has self-assessed it to be science-based, and it has been submitted to the SBTi for validation and is currently being reviewed by the SBTi, you should select this option. You should use the “Please explain target coverage and identify any exclusions” column to explain why you believe your target to be science-based.
• Yes, we consider this a science-based target, and we have committed to seek validation of this target by the Science Bases Targets initiative in the next two years – Not all companies have had their target assessed by the SBTi. If your company has set a target and has self-assessed it to be science-based but has not yet submitted it to the SBTi for validation, you should select this option. You should use the “Please explain target coverage and identify any exclusions” column to explain why you believe your target to be science-based. If you are currently in the process of revising your target to meet SBTi criteria, indicate this by selecting “No, but we anticipate setting one in the next 2 years.
• No, but we are reporting another target that is science-based – Another target (absolute or intensity) disclosed is science-based, either in another row in this table, or in C4.1a.
• No, but we anticipate setting one in the next 2 years – While not necessary, it is recommended that the company publicly state this by submitting a Science Based Target initiative commitment letter.
• No, and we do not anticipate setting one in the next 2 years – No science-based targets have been set and there are no plans in place to set one in the next 2 years.

Target ambition (column 29)

• This column only appears if you select any “Yes” option in “Is this a science-based target” (column 28).
• Select the level of ambition of your science-based target. Note that as of July 2022, the SBTi requires Scope 1 and 2 targets to be consistent with the level of decarbonization required to keep global temperature increase to 1.5°C compared with pre-industrial temperatures, and Scope 3 targets to be conistent with the level of decarbonization required to keep global temperature increase to well-below 2°C compared to pre-industrial temperatures.

Please explain target coverage and identify any exclusions (column 30)

• If the target is not company-wide (i.e. it does not apply to the whole company in line with your definition of the reporting boundary) provide further details of your target coverage in this column. E.g. if you have selected “Country/region” in column 3, please specify which countries/regions your target covers.
• If your target is science-based, please specify if CO2 emissions and/or removals from bioenergy are relevant for your organization and, if so, how you have included them in your target boundary. Please refer to the “Additional information” for more details.
• You can use this column to identify where you have a financial year or average year based target.
• If your target was originally in a different format, you may wish to give the original target before it was converted into the format required for the purposes of this table.
• If your target is part of a wider carbon neutrality goal, a regulatory requirement, or a longer term target, you can also explain this here.

Plan for achieving target, and progress made to the end of the reporting year (column 31)

• This column only appears if you select “Underway”, “Revised”, or “New” in column 27 “Target status in reporting year”.
• Describe how you plan to achieve the target, including any emissions reduction initiatives your organization plans to implement.
• List the emissions reduction initiatives which have contributed most to any progress towards the target to the end of the reporting year (as indicated in column 26).
• If you are not on track to achieve the target, explain how you plan to get back on track.
• If possible, specify your anticipated and/or observed progress curve in this column, i.e.:
  • Linear – the rate of progress towards the target is anticipated and/or observed to be steady over time
  • Logarithmic – the rate of progress towards the target is anticipated and/or observed to be faster at the start
  • Exponential – the rate of progress towards the target is anticipated and/or observed to be faster at the end
  • Variable – the rate of progress towards the target is anticipated and/or observed to change from year to year

List the emissions reduction initiatives which have contributed most to achieving this target since it was set (column 32)

• This column only appears if you select “Achieved” in column 27 “Target status in reporting year”.
• List the initiatives which contributed most to the emissions reductions achieved over the lifetime of the target.

Example response

The table below shows two intensity target examples:

Int 1: a target to reduce total emissions (scope 1 and market-based scope 2) per US$ revenue from company-wide operations by 20% by 2025, from a base year of 2019. The emissions in the base year are 0.0005 tCO2e/USD. The target emission intensity reduction would then be 0.0005 x 0.8 = 0.0004 tCO2e/USD. The target was set in 2020.

Int 2: a target to reduce emissions from business flights per FTE employee by 50% by 2023, from a base year of 2015. Emissions from flights account for 25% of all Scope 3 emissions. The emissions in the base year are 2.6 tCO2e/FTE. The target emission reduction would then be 2.6 x 0.5 = 1.3 tCO₂e/FTE . The target was set in 2016.

Additional information

Science-based targets

• Nearly 200 nations at COP21 wrote into the Paris Agreement that globally we will aim to limit warming to below 2°C and pursue efforts to limit warming to under 1.5°C. However, there is a large gap between the level of ambition of the country commitments and targeted temperatures. Companies, which are responsible for a vast majority of the world’s emissions, must play a critical role in filling the gap left by country commitments by raising the level of ambition in their target setting and reducing their emissions in line with climate science.
• Science-based target setting methods enable companies to set emissions targets that are consistent with conserving the remaining global emissions budget. A number of factors are taken into consideration in order to determine what is most appropriate for a given company. Please see the Technical Note on Science Based Targets and the 2022 climate change scoring methodology for information on best practices in target setting and what CDP considers a science-based target.
• Companies are very strongly encouraged to have their targets officially evaluated by the Science Based Targets initiative (SBTi). CDP considers targets approved by the initiative to reflect best practices in science-based target setting. Targets submitted to the SBTi for an official evaluation by the deadline (tbc), with all information needed to assess the target, will be used for scoring in CDP’s 2022 climate change questionnaire.
• Regardless of submission to SBTi, companies are expected to report emissions reductions targets in their CDP response. Targets that did not pass the SBTi’s review process or that have not been submitted for review prior to the deadline will still be evaluated using the information disclosed by each company in their CDP response. See the Technical Note for more details.

Science-based targets — bioenergy accounting

• As per the GHG Protocol Corporate Standard, CO2 emissions from the combustion, processing, and distribution of bioenergy and the land use emissions and removals associated with bioenergy feedstocks, should be reported alongside a company’s GHG inventory, separately from the Scopes. However, SBTi criterion 10 requires CO2 emissions from the combustion, processing and distribution of bioenergy and the land use emissions and removals associated with bioenergy feedstocks to be included in the target boundary when setting a science-based target (in Scopes 1, 2 and/or 3, as relevant) and when reporting progress against that target, even though such CO2 emissions and/or removals are reported separately in a company’s GHG inventory. Companies are expected to adhere to any additional GHG Protocol Guidance on bioenergy accounting when released in order to maintain compliance with criterion 10.