The Science-Based Target Initiative (SBTi) has launched new guidance tailored for the private equity sector aimed at enabling the wide adoption of science-based targets (SBT) by PE firms.
The Guidance was principally authored by the SBTi and Anthesis, supported by the UN Principles for Responsible Investment (PRI) and signatories of initiative Climat International (iCI).
Alongside the launch of the guidance, six leading investment firms representing EUR139 billion assets under management (AUM) have committed to setting ambitious SBTi-approved climate targets. Anthesis Group supported one of these six, Hg (USD35 billion AUM) in setting its SBTs.
