The 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 : Metric tonnes of CO2 equivalent (tCO2e)
Indicator : Carbon sequestration and storage
Metric Type : Response
Frameworks alignment notes
E1-7 ref 56
Target 8
Target example
[Company name] will increase the amount of GHG emissions reductions/removals by [target amount, in absolute metric tonnes of CO2eq, or percentage] through the purchase of carbon credits by [target year], compared to a [baseline year] baseline.
Target Source: WBCSD target template
Sector
Value chain stage
Metric assessment
Relevance: Medium
Feasibility: High