Science Based Targets (SBTi)
4,000 companies covering over a third of the global economy’s market capitalization, were setting targets or committing to do so via the SBTi.
Fee is for target validations, various rates. https://sciencebasedtargets.org/faqs#how-much-does-target-validation-cost-what-does-it-pay-for
Science-based target setting is already becoming part of the yearly reporting practice of companies and the data infrastructure for institutional investors through incorporation in the CDP questionnaire and scoring.
The SBTi is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi call to action is one of the We Mean Business Coalition commitments. Science-based targets show companies and financial institutions how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. By guiding companies in science-based target setting, we enable them to tackle global warming while seizing the benefits and boosting their competitiveness in the transition to a net-zero economy.