The Science Based Targets Initiative’s Scope 3 Requirements: A Discussion Paper

In July 2024 The World Wildlife Fund (WWF) published a discussion paper on the SBTi’s proposed revisions to its Scope 3 requirements. WWF emphasised that it promotes, first and foremost, a reduction of value chain emissions. It restates its support for carbon credits being used to support within value chain emission reduction but only supports their use for outside value chain reduction in the case of residual emissions. However, WWF would like to see companies investing outside of their value chains to support the Global South with additional climate finance.