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February 29, 2024

Adopt science-based guidelines to improve EU CSRD compliance, WWF says

Heavy traffic Europe emissions
The WWF is urging the EU to develop a ‘methodological framework’ as a reference for companies and financial institutions to set their SBTi targets (Photo: Duallogic/Envato)

Companies and financial institutions should align environmental goals with the Science-Based Targets initiative to allow the EU to better monitor corporate climate action, a WWF report concludes

Recommending that companies and financial institutions use the Science-Based Targets initiative framework, which outlines criteria for companies looking to set climate targets in line with a 1.5C trajectory, would help the EU to ensure that net zero emissions goals are robust and the aims of the EU’s Corporate Sustainability Reporting Directive are met, says a report by the French branch of the conservation organisation World Wide Fund for Nature.

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