What does decarbonization towards net zero mean for business? This is a question I am often asked. In our experience, companies set themselves climate targets for various reasons:1. Increase of competitivenessBy setting themselves ambitious climate targets, companies set themselves apart from their competitors. A commitment to reducing emissions along the value chain makes them more attractive to customers and suppliers.2. Attractiveness for stakeholdersCompanies with climate targets are not only attractive to customers, but also to employees and investors. With an ambitious climate target, companies underline their credibility for active climate protection and sustainable corporate governance.3. Positioning as a pioneerWith science-based climate targets, companies position themselves as pioneers in climate protection. These are validated by the Science Based Targets Initiative (SBTi) and help to ensure that the targets meet the requirements for active climate protection.4. Compliance with reporting obligationsCompanies that deal with setting climate targets in good time anticipate current and future reporting obligations.THE STANDARD – SCIENCE BASED TARGETS INITIATIVE (SBTi)The SBTi is a globally recognized method for setting decarbonization targets for companies. The initiative was founded in 2015 and is a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Planning and implementing a net zero target based on SBTi is a major challenge for companies. It is a balancing act to develop a stringent roadmap while reconciling ambitious targets with operational reality.ACCELERATEGREEN – STRATEGIC, SPECIALIZED, PRAGMATICWe support large companies and SMEs efficiently on the path to decarbonization. Our approach: strategic planning and pragmatic implementation. Based on best-in-class reduction methods such as Science Based Targets (SBTi) and a pronounced pragmatism, we develop practicable and implementable solutions for your company. Our specialists have many years of experience in sectors such as industry and trade, energy supply (utilities), logistics and transportation as well as tourism and gastronomy.