Module 1, targets, assesses companies’ public facing emissions reduction targets as these are the north star for navigating the low-carbon transition. They provide a framework by which companies can align their strategy, capital expenditure (CapEx) and research and development (R&D) to deliver emissions reductions. Public facing targets demonstrate the credibility of companies’ climate ambitions to stakeholders including investors, consumers and regulators.
This module therefore assesses:
- For indicator 1.1, the alignment of the company’s manufacturing emissions reduction targets with its 1.5°C pathway – weighted 2% of the performance assessment
- For indicator 1.2, the alignment of the company’s fleet emissions reduction targets with its 1.5°C pathway – weighted 9% of the performance assessment
- For indicator 1.3, the time horizon and interval spacing of all of the company’s targets – weighted 2% of the performance assessment
- For indicator 1.4, the company’s current progress towards emissions reduction targets– weighted 2% of the performance assessment.