We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions
Summary
The We Mean Business Coalition welcomes the Science Based Targets initiative's (SBTi) updated guidance allowing environmental attribute certificates, such as carbon credits, to be used for Scope 3 emissions. The Coalition argues that this reform provides companies with necessary clarity and tools to accelerate value chain decarbonization while increasing funding for climate projects in the Global South.
Key insights
- The We Mean Business Coalition supports the SBTi's decision to approve environmental attribute certificates, including carbon credits, for addressing Scope 3 emissions, viewing it as a reform that expands the science-based tools available for companies to accelerate climate action.
- The Coalition asserts that this policy change will encourage more innovation and investment in reducing value chain emissions and will facilitate the flow of funding toward climate projects located in the Global South.
Cite the original document
- APA
- Mendiluce, M. (2024). We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-response-to-sbti-statement-on-approved-use-of-environmental-attribution-certificates-to-address-scope-3-emissions/
- Chicago
- Mendiluce, María. We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions. We Mean Business Coalition, 2024. https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-response-to-sbti-statement-on-approved-use-of-environmental-attribution-certificates-to-address-scope-3-emissions/.
- Wikipedia
- {{cite press release |last1=Mendiluce |first1=María |title=We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions |publisher=We Mean Business Coalition |date=10 April 2024 |url=https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-response-to-sbti-statement-on-approved-use-of-environmental-attribution-certificates-to-address-scope-3-emissions/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{mendiluce2024mean, author = {Mendiluce, María}, title = {{We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions}}, publisher = {We Mean Business Coalition}, year = {2024}, month = apr, url = {https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-response-to-sbti-statement-on-approved-use-of-environmental-attribution-certificates-to-address-scope-3-emissions/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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