SBTiMONITORINGREPORT2023Lookingbackat2023andmovingforwardto2024andbeyondPUBLISHEDJULY20242CONTENTSSBTiMonitoringReport>ContentsDisclaimer........................................................................................................................................................................3AbouttheSBTi...............................................................................................................................................................4Ourjourney...............................................................................................................................................................4Ourgoals...................................................................................................................................................................4Ourgovernance......................................................................................................................................................5Standard-setting.....................................................................................................................................................5Publicconsultationsandinformationsessions........................................................................................5Ourfunding..............................................................................................................................................................5Aboutthisreport....................................................................................................................................................5Scopes1-3explained...........................................................................................................................................5ForewordfromLuizAmaral,ChiefExecutiveOfficer.....................................................................................6Executivesummary......................................................................................................................................................72023innumbers............................................................................................................................................................92023keymilestones.................................................................................................................................................26Appendix:Datasourcesandmethodology.....................................................................................................29DISCLAIMERALTHOUGHREASONABLECAREHASBEENTAKENINTHEPREPARATIONOFTHISDOCUMENT,THESCIENCEBASEDTARGETSINITIATIVE(SBTi)AFFIRMSTHATTHEDOCUMENTISPROVIDEDWITHOUTWARRANTY,EITHEREXPRESSEDORIMPLIED,OFACCURACY,COMPLETENESSORFITNESSFORPURPOSE.3SBTiMonitoringReport>Contents>DisclaimerTheSBTiherebyfurtherdisclaimsanyliability,directorindirect,fordamagesorlossrelatingtotheuseofthisdocumenttothefullestextentpermittedbylaw.Theinformation(includingdata)containedinthisdocumentisnotintendedtoconstituteorformthebasisofanyadvice(financialorotherwise).ThecontentsofthisdocumentmaybecitedbyanyoneprovidedthattheSBTiiscitedasthesourceofthedocument.Suchpermissiontousedoesnotrepresentalicensetorepackageorresellanyoftheinformationincludedinthedocument.Norepackagingorresellingofanyofthecontentsofthedocumentisperm...