Amount of GHG emission reductions or removals from climate change mitigation projects outside its value chain it has financed or intends to finance through any purchase of carbon credits.
Unit
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The unit(s) of measurement applicable to the metric.
: Metric tonnes of CO2 equivalent (tCO2e)
Indicator
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Indicators were developed by WBCSD. Learn more on the Methodology page.
: Carbon sequestration and storage
Metric type
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The category of nature-related metrics. Learn more on the Methodology page.
: Response
Framework alignment notes
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The details of a metric’s alignment to each framework, including where the same or similar metric can be found within the listed framework.
ESRS E1-7 56
GBF Target 8
Target example
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An example target and the target source are presented to illustrate how a target could be set for this metric. Learn more on the Methodology page.
[Company name] will reduce [target amount, either as absolute metric tonnes of CO2eq, or percentage] of [GHG emission] by [target year] through [climate change mitigation project outside its value chain that Company has finance or intends to finance], compared to a [baseline year] baseline.
Target source: WBCSD target template
Sector
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Each metric applies to one sector.
Energy
Value chain stage
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Each metric applies to one or more stages of the value chain aligned with the associated actions.
Manufacturing
Metric assessment
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The relevance and feasibility scores were determined by WBCSD member companies. Learn more on the Methodology page.
Relevance:Medium
Feasibility:High
Related actions
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The other actions that the metric is mapped to.
Increase carbon removals and storage in soils and forests