SBTN publishes updated guidance for nature targets

19 July 2024

Elizabeth Pfeuti

EU regulation

SBTN publishes updated guidance for nature targets

July 18th, 2024

The Science Based Targets Network (SBTN) has released amended guidance and a new corporate manual with updated advice for companies.

The updated technical guidance and enabling materials emphasised the importance of increasing ambition and driving science-based action on nature.

It included updated methods for organisations to assess and prioritise their impacts on nature, set targets on freshwater quantity and quality and set targets on land.

The new corporate manual is aimed at companies seeking a comprehensive entry-point into the SBTN's technical methods.

The network has also released an updated materiality screening tool, which now offers a new interface and upstream function and an updated high impact commodity list.

The new guidelines also worked to provide credibility and a common language to advance engagement with stakeholders and offer a compass for companies to get to the right solution.

The network acknowledged that science-based targets are, “by definition”, ambitious, as they focus on place-based action where nature needs it most.

It said this updated guidance was being released as the network turned its focused onto scaling adoption and impact, while maintaining a balance of ambition and feasibility.

The organisation also said it was “shaping the next generation of nature targets for 2025”, including further freshwater and land coverage, additional biodiversity integration, implementation and tracking guidance and new ocean and cities targets.

The SBTN said: “We will continue to respond and adapt [the guidance] to improve feasibility and practicality while maintaining scientific rigor.

“But we can’t do it alone. Many challenges are system-wide and require collaboration across many actors, who play an important role in closing gaps for instance around upstream traceability and local models.”

The SBTN released its first nature targets in June 2023. It outlined initial methods, tools, and guidance for companies to evaluate and prioritise their environmental impacts.

Minerva’s blog focuses on the latest developments in ESG investing and stewardship. Minerva is a global provider of sustainable stewardship solutions with over 25 years of expertise. Minerva empowers investors by providing essential tools, including ESG research and data, enabling them to navigate the intricate landscape of stewardship and proxy voting, whilst ensuring their decisions are well-informed and aligned with sustainable principles.

Latest News

SHareholder meeting

FRC’s new regulatory approach signals a shift from rule-making to market stewardship

SHareholder meeting

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

SHareholder meeting

SEC sends executive pay disclosure overhaul to White House for review

SHareholder meeting

Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

SHareholder meeting

Investor coalition urges US EEOC to retain workforce demographic reporting

SHareholder meeting

Australia consults on climate disclosure rollback

Featured Briefings

Minerva Briefing

Shareholder Proposal Voting Trends 2026 H1

Minerva Briefing

Virtual-Only AGMs

Minerva Briefing

UK Proxy Season Review 2026

Minerva is a global provider of sustainable stewardship solutions with over 30 years of expertise. Minerva empowers investors by providing essential tools, including ESG research and data and expert insights, enabling them to navigate the intricate and ever-evolving landscape of stewardship and proxy voting, whilst ensuring their decisions are well-informed and aligned with sustainable principles.

Related Stories

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

Shein lists in Hong Kong at reduced valuation after protracted IPO journey

September 2, 2026
Read More
Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

Democratic attorneys general defend credit ratings agencies against anti-ESG pressure

August 28, 2026
Read More
Growth with weakened governance poses risks, FCA warns

Growth with weakened governance poses risks, FCA warns

August 13, 2026
Read More
Minerva to SEC: climate disclosure should be fixed, not scrapped

Minerva to SEC: climate disclosure should be fixed, not scrapped

August 6, 2026
Read More
China sharpens the lens on financial institution governance

China sharpens the lens on financial institution governance

August 4, 2026
Read More
Singapore Moves Ahead on ISSB Sustainability Reporting

Singapore moves ahead on ISSB sustainability reporting

August 3, 2026
Read More