Benchmark Digital Partners Joined Effort to Harmonize Science-Based Emissions Reductions Targets and Advance Nature-Positive Corporate Climate Action
As part of its ongoing efforts to leverage data to combat the climate crisis, Benchmark Digital Partners LLC (Benchmark) joined the Corporate Engagement Program of the Science Based Targets Network (SBTN), a part of the Global Commons Alliance. Benchmark, a leading provider of cloud-based Environmental, Social and Governance (ESG) software solutions, knows companies can limit their greenhouse gas emissions and better safeguard against climate risks when they have built a culture of providing and acting upon accurate, timely, complete, relevant, and auditable climate-related disclosures. As a Corporate Engagement Program member, Benchmark will contribute to SBTN’s development of science-based targets and guidance that organizations can use to reduce their emissions in line with Paris Agreement goals.
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“We believe climate-related financial disclosures, and the data that enable them, are critical for adapting to and helping reverse the climate crisis”
By joining the Program, Benchmark is expanding the scope of its principal mission of helping companies administer data-driven decarbonization and climate risk mitigation programs by working with SBTN to ensure the world’s freshwaters, oceans, land and biodiversity are protected and restored. Benchmark will help SBTN develop science-based targets for corporate action on climate and nature, and is committed to helping road-test the methods, tools, and guidance for implementing these targets to ensure they are implementable and user-friendly.
“We believe climate-related financial disclosures, and the data that enable them, are critical for adapting to and helping reverse the climate crisis,” said Benchmark CEO and Founder, R. Mukund. “With investment-grade ESG data, companies can improve their bottom lines, gird themselves against climate impacts, and build a culture of sustainability. By joining the Corporate Engagement Program of the SBTN, we are helping our subscribers bring their organizations in line with Paris Agreement objectives. Our Sustainability and ESG disclosure solutions will support companies setting science-based targets by helping them generate, analyze, verify and report the investment-grade data needed for effective sustainability management and decision-useful ESG disclosures.”
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The SBTN is a collaboration of leading global non-profits and mission-driven organizations working together to equip companies as well as cities with the guidance to set science-based targets for all of Earth’s systems. The SBTN builds upon the momentum of the Science Based Targets initiative (SBTi), which defines and promotes best practice in emissions reductions and net-zero targets rooted in climate science. The ultimate goal of the SBTN is for the world’s major companies and cities to have adopted science-based targets and taken action for climate, which companies will continue to do through the SBTi, alongside water, land, ocean, and biodiversity by 2025.
“Combating climate change is a generational effort,” continued Mukund. “And the Benchmark team is proud to be aiding in the fight. Adopting the SBTi methodology and contributing to the development of science-based targets for nature through our SBTN membership are in line with a commitment we have had since our inception and will have for decades to come.”
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