In advance of the 21st Conference of the Parties in Paris (COP21) many companies recognized the need to reconsider past greenhouse gas (GHG) reduction goals, transitioning to more aggressive science-based goals that align with climate science and show strong commitment to reduce global warming. According to the Science-Based Targets initiative (SBTi), science-based targets (SBT) are those “in line with the level of decarbonization required to keep a global temperature increase below two degrees Celsius compared to pre-industrial temperatures, as described in the Fifth Assessment Report of the [IPCC].” In April 2017, SBTi released an updated Science-Based Target Setting Manual (SBT Manual) to guide companies in setting an effective SBT. The new SBT Manual reflects advances in global emissions reduction efforts. It remains consistent with the previous manual on methodology recommendations and Scope 1 and Scope 2 guidance, but provides more detail and stringency around setting a Scope 3 target. Consistent with

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