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Climate Data

Sep 23, 2024

Understanding SBTi FLAG Target Setting and GHG Protocol LSRG: A Visual Guide for Beginners

To help stakeholders navigate these challenges, we’ve developed a short interactive tool that assesses if you need to set a FLAG target.

 

Does your company need to set FLAG Targets? A simple tool to help you find out.

Recent changes in reporting requirements regarding land sector-related emissions – in particular, from the Science Based Targets Initiative (SBTi) Forestry, Land, and Agriculture (FLAG) Guidance and from the GHG Protocol Land Sector and Removals Guidance (LSRG) – are complex. 

At Terrascope, one of the most common questions we hear from clients is: “Do any of these land-sector guidelines apply to my company?”

To address this question, Terrascope developed a quick tool, which you can use below, to assess whether your company needs to set FLAG targets. From there, it determines which of the target-setting approaches (commodities vs. sector-based) would be most appropriate for your company.

Part A - Determining if you need to set up a FLAG target

 

 

Part B - Determining what FLAG target setting approach you need to take

 

 

 

 

Lia Nicholson

Director of Sustainability, Terrascope

 

 

Group 396745

Flora Rose Wilson

Climate Change Research Intern, Terrascope

Build impactful decarbonisation programs, fit for enterprise

Terrascope is now helping to measure and manage over 500 million tonnes of carbon dioxide equivalent — more than the total annual emissions of Australia.

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To help stakeholders navigate these challenges, we’ve developed a short interactive tool that assesses if you need to set a FLAG target.

September 23, 2024