The pulp and paper industry significantly contributes to global greenhouse gas emissions due to its reliance on forestry, land use, and energy-intensive processes. To address these environmental challenges, the Science Based Targets Initiative (SBTi) provides a framework for setting science-based emission reduction targets aligned with the latest climate science.
This guide explores SBTi requirements for the pulp and paper sector, focusing on the dual target approach, which includes energy/industry (non-FLAG) targets and Forest, Land, and Agriculture (FLAG) targets. It details methodologies and data standards for calculating these targets, emphasizing the importance of high-quality, granular data for emissions accounting and target setting, and recommending the use of primary data whenever feasible.
The guide also examines eligible carbon removal projects and criteria for their inclusion in FLAG targets, updates on Scope 3 emissions, and the potential role of environmental attribute certificates. It discusses the shift from the commodity approach to the FLAG-sector approach for setting land-based emission targets.
In light of these developments, companies must navigate the complexities of setting and achieving dual targets to address both energy/industrial emissions and those related to forestry, land use, and agriculture. Read the guide to gain in-depth knowledge of SBTi requirements and strategies for achieving sustainability goals in the pulp and paper industry.
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