Aligning corporate greenhouse-gas emissions targets with climate goals

Oskar Krabbe, Giel Linthorst*, Kornelis Blok, Wina Crijns-Graus, Detlef P. Van Vuuren, Niklas Höhne, Pedro Faria, Nate Aden, Alberto Carrillo Pineda

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

37 Citations (Scopus)

Abstract

Corporate climate action is increasingly considered important in driving the transition towards a low-carbon economy. For this, it is critical to ensure translation of global goals to greenhouse-gas (GHG) emissions reduction targets at company level. At the moment, however, there is a lack of clear methods to derive consistent corporate target setting that keeps cumulative corporate GHG emissions within a specific carbon budget (for example, 550-1,300GtCO2 between 2011 and 2050 for the 2°C target). Here we propose a method for corporate emissions target setting that derives carbon intensity pathways for companies based on sectoral pathways from existing mitigation scenarios: the Sectoral Decarbonization Approach (SDA). These company targets take activity growth and initial performance into account. Next to target setting on company level, the SDA can be used by companies, policymakers, investors or other stakeholders as a benchmark for tracking corporate climate performance and actions, providing a mechanism for corporate accountability.

Original languageEnglish
Pages (from-to)1057-1060
JournalNature Climate Change
Volume5
Issue number12
DOIs
Publication statusPublished - 2015

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    Krabbe, O., Linthorst, G., Blok, K., Crijns-Graus, W., Van Vuuren, D. P., Höhne, N., Faria, P., Aden, N., & Pineda, A. C. (2015). Aligning corporate greenhouse-gas emissions targets with climate goals. Nature Climate Change, 5(12), 1057-1060. https://doi.org/10.1038/nclimate2770