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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: Metric tonnes of CO2 equivalent (tCO2e)

Indicator

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: Carbon sequestration and storage

Metric type

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: Response

Framework alignment notes

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DR E1-7 ref 56
Target 8

Target example

[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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Energy

Value chain stage

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Manufacturing

Metric assessment

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Relevance: Medium

Feasibility: High

Related actions

Increase carbon removals and storage in soils and forests

Increase carbon removals and storage in soils and forests

Description

Value chain stage

Manufacturing

Sector of stage operator

Energy

How the action applies

Coming soon