Blog: The New SBTi Iron & Steel Sector Guidance – Pros Outweigh Cons

The updated Science Based Targets initiative (SBTi) corporate target-setting tool is a game-changer for the iron and steel sector, providing essential guidance to shape strategies that combat the climate crisis. Bernt Nordman, Head of Climate Program at WWF Finland, underscores the importance of such expert guidance in a world facing urgent climate challenges. SBTi's latest guidance, aligned with the 1.5°C threshold of the Paris Agreement, signifies a significant shift for the industry. While some questions arise about short-term targets and the urgency of action, the tool offers a robust framework for transformative change in the iron and steel sector, making it a vital addition to corporate toolkits striving for sustainability.

Author: Bernt Nordman, WWF Finland

Resource: https://wwf.fi/en/uutiset/2023/08/the-new-sbti-iron-steel-sector-guidance-pros-outweigh-cons/