Learning as we create: The art and the science of corporate climate target setting

The We Mean Business Coalition views current corporate net-zero commitments as a global experiment where first-movers must be encouraged to course-correct rather than be deterred by criticism. The Coalition advocates for an 'ambition loop' where voluntary corporate action drives more ambitious government policy, and vice versa. To support this transition, the Coalition highlights the importance of tools like the SBTi Net-Zero Standard and the work of the International Sustainability Standards Board (ISSB) to ensure transparency and consistency in reporting.

• Corporate net-zero commitments are described as an unprecedented global experiment where companies are determining their route and learning as they progress, meaning first-movers will likely need to adjust their strategies over time.
• The 'ambition loop' describes a reciprocal relationship where voluntary corporate emissions reductions encourage policymakers to implement more robust climate policies, which in turn further drives corporate action.
• The Science Based Targets initiative (SBTi) Net-Zero Standard, launched in October 2021 after a two-year collaborative process, is identified as reflecting current best practice for corporate net-zero target setting.
• The We Mean Business Coalition is engaging with the International Sustainability Standards Board (ISSB) to enhance the transparency and consistency of company reporting to assist investors in decision-making.

APA

Mendiluce, M. (2022). Learning as we create: The art and the science of corporate climate target setting. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/learning-as-we-create-the-art-and-the-science-of-corporate-climate-target-setting/

Chicago

Mendiluce, María. Learning as we create: The art and the science of corporate climate target setting. We Mean Business Coalition, 2022. https://www.wemeanbusinesscoalition.org/blog/learning-as-we-create-the-art-and-the-science-of-corporate-climate-target-setting/.

Wikipedia

{{cite press release |last1=Mendiluce |first1=María |title=Learning as we create: The art and the science of corporate climate target setting |publisher=We Mean Business Coalition |date=7 February 2022 |url=https://www.wemeanbusinesscoalition.org/blog/learning-as-we-create-the-art-and-the-science-of-corporate-climate-target-setting/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{mendiluce2022learning, author = {Mendiluce, María}, title = {{Learning as we create: The art and the science of corporate climate target setting}}, publisher = {We Mean Business Coalition}, year = {2022}, month = feb, url = {https://www.wemeanbusinesscoalition.org/blog/learning-as-we-create-the-art-and-the-science-of-corporate-climate-target-setting/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }