Disclose

Companies are required to disclose their full GHG emissions inventory and evaluate their progress relative to their declared targets every year. This should entail a review of progress against approved targets, and emissions and removals should be reported separately in the yearly GHG inventory. The SBTi advises companies to annually verify the accuracy of projections related to their targets. In the event of substantial alterations, the company must inform the SBTi and, where relevant, announce these changes to the public.

There aren't strict guidelines on the platform for disclosing the inventory and progress updates, but it should be accessible to the public. While the SBTi endorses using standardized platforms like the CDP’s annual climate change questionnaire for disclosure, companies can also utilize annual reports, sustainability reports, or their websites.

Below is a compilation of recommended practices for companies when communicating their advancements in relation to science-based target (see The Corporate Manual):

• Target description

• Target progress

• Substantial emission variations and changes in target

• Actions towards meeting SBTs

• GHG emissions inventory