SBTi FLAG and draft GHG Protocol Land Sector and Removals guidance- implications for corporates

Two long-awaited publications came out within days of each other at the end of September. The first was the Science-Based Targets Initiative’s (SBTi) guidance for Forestry, Land Use and Agriculture (FLAG). The second was the GHG Protocol draft Land Sector and Removals Guidance, which sets out the associated rules for GHG accounting.

The timing is no coincidence, the SBTi target setting guidance refers to the GHG Protocol for all matters of GHG accounting, and the development processes have been interlinked.

Our expert consultants have reviewed the guidance and in this easily digestible report, they review the implications for corporates, succinctly answering the following questions:

  1. What are FLAG emissions?
  2. Who is the SBTi's FLAG target setting guidance relevant to?
  3. When will companies with SBTs have to comply?
  4. How do FLAG targets relate to the existing energy/ industrial SBT framework?
  5. How do you calculate or measure a company's FLAG emissions?
  6. How are carbon removals calculated?
  7. Is there guidance on how to report land sector emissions and removals?
  8. What are the FLAG target setting options?
  9. Can credited GHG reductions or removals ('offsets') be used to meet SBTi FLAG reduction targets?
  10. Can renewable gas certificates be used to claim lower scope 1 emissions for gas use?
  11. What does it all mean for Net Zero strategy and target setting?

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