SBTN with Nature Positive

The contributions nature provides to people and businesses and the consequences of its rapid loss is well recognised by governments and economists alike. The global goal for climate is to set emissions budgets that keep warming below 1.5º; the equivalent goal for nature is to reverse the decline and build a nature positive economy by 2030 that puts us on track for a sustainable nature recovery by 2050.

Over the last five years the Science Based Targets Network has taken a ‘big tent’ approach to developing the Science Based Targets for Nature (SBT4N) framework and guidance to help companies set nature targets appropriate to their value chains and aligned with the global goals.

Join us to learn about why and how your company might set global best practice targets for nature!

Part 1 (9 – 10:30am, in person only)

Introduction to SBTN: explainer for the rationale, process, and capacity requirements for setting Science Based Targets for Nature (no charge)

What you can expect to be covered:

• What is the SBT Network?
• What is Science Based Targets for Nature (SBT4N)?
• Conceptual framework behind SBT4N.
• What is the business case for setting SBT4N?
• SBTN relationship with other sustainability and reporting frameworks (e.g. CDP, GRI, IFRS, SBTi, GHGP, EU CSRD etc).
• Complementarity of SBT4N with TNFD
• Value chain scope and boundaries for the targets.
• An overview of SBT4N’s 5 step approach.
• The target domains in brief – land, freshwater, oceans, climate.
• Introducing the ARRRT framework for action – Avoid, Reduce, Restore & Regenerate, Transform.
• Where to get more information and how to get started.

Part 2 (11am – 1pm, in person only)

Technical deep dive workshop ($40 charge – working lunch provided)

What you can expect to be covered:

• Examples of companies who are setting SBT4Ns.
• How the TNFD LEAP process and the SBT4N 5 steps can be integrated.
• Value chain scope for the targets – understanding supply chain and operational impacts.
• Variation of targets’ scope among business sectors.
• Determining target boundaries and impact materiality analysis.
• Measuring baselines – focusing on land and freshwater.
• Incorporating science, mātauranga and community aspirations to set locally appropriate targets.
• How SBT4N contribute to a nature positive economy.
• How to apply the ARRRT action framework in more detail
• Business opportunities from transforming value chains.
• How would validation of alignment with SBTN work?
• How to get started – key resources; data and capacity requirements; challenges and opportunities.

Date: Thursday 15 August
Time: 9 – 10:30am (part 1) & 11am – 1pm (part 2)
Location: Fonterra, 109 Fanshawe St, Auckland CBD, Aucklalnd

Please register by Thursday 1 August