SBTi helps companies set targets to reduce greenhouse gas emissions. These targets are in line with the scientific requirements for limiting global warming to a temperature rise below 1.5 degrees.

SBTi commits us to action. This means a full integration of climate awareness into our business and strategy. The fact that we invite external experts to have a closer look, is an ambitious step that will create more transparency in our work.

This commitment means that we must create climate objectives for everything we do as a company, such as investments, claims handling, products and day-to-day operations. 
In addition, the obligation entails an independent audit carried out by SBTi, which, on the basis of scientific methods, will assess whether the objectives and action plans are sufficiently ambitious as well as ensure that they are being followed. 

Joining the SBTi is also an opportunity to invite customers to contribute to a much greater extent by giving them the opportunity to choose more sustainable solutions. This is especially true in products and claims handling, where there is a large potential for CO2 reduction.

I hope that other companies in the industry will join SBTi, because together we can make the biggest difference and together we can ensure the greatest possible transparency for our customers and give the outside world the opportunity to compare initiatives across companies

Peter Hermann CEO of Topdanmark