If Insurance has committed to the Science Based Targets initiative (SBTi)
- We believe that we all must contribute to fulfilling the Paris Agreement. That is why we have raised our ambitions and committed to the SBTi initiative, says CEO of If Insurance, Morten Thorsrud.
About Science Based Targets (SBTi)
A science-based target is a climate goal based on the latest research and recognized methods. An SBT is verified by the independent agency Science Based Targets Initiative.
When a company commits to a climate goal at Science Based Targets, the company has two years to deliver targets to achieve the goal within a specific period - including specific milestones.
The targets must be based on the company's own mapping of CO2 emissions and must live up to the goals of the Paris Agreement. The targets are assessed and approved by an independent organization.
The Science Based Targets initiative is a collaboration between the Carbon Disclosure Project (CDP), the World Resources Institute (WRI), the World Wildlife Fund (WWF) and the UN Global Compact.