Dataset Factsheet

Climate Targets

This dataset provides comprehensive coverage of corporate climate pleges to reduce GHG emissions across 5,000+ companies globally. Our data captures both absolute and intensity-based reduction targets with unparalleled granularity, including baseline figures, and achievement tracking. Fully standardized, our data spans over 200 'as reported' intensity metrics, standardized into 28 comparable sub-categories, surpassing traditional sources like SBTi and CDP in detail and standardization.

Data Characteristics

Company coverage
5000
Geographical Coverage
Global
Sectorical Coverage
All Sectors
Data Historical Range
From 2019 to 2024
Median Data History
2.5 years
Data Traceability Rate
100%
Data Frequency
Annual
Average Reporting Lag
3 months
Data format
Most Recent

Dimensions and Metrics

1 metrics
GHG Emissions Reduction Targets
Targeted reduction of the company's GHG emissions (scope 1, 2, 3 and their sources/categories), either as an absolute figure or adjusted according to an intensity metric, from a designated baseline year to the target year.
2.50

Use Cases

Asset Management
Portfolio Climate AlignmentAssess universe alignment with global temperature targets using detailed target data. Monitor investee companies' climate ambition and progress against stated goals. Enable universe construction and optimization based on forward-looking climate commitments.
Target-Based EngagementInform company engagement strategies with comprehensive target analysis and peer benchmarking. Support dialogue on target ambition, scope coverage, and achievement tracking. Enable evidence-based stewardship focused on climate action.
Climate Regulatory ReportingMeet SFDR and TCFD requirements with forward-looking climate target data. Report on universe companies' climate commitments and transition plans. Enable assessment of universe temperature alignment and transition readiness.
Impact Product DevelopmentDesign climate-focused investment products based on target ambition and credibility. Create transition-focused funds targeting companies with science-based targets. Enable development of Paris-aligned investment solutions.
Temperature Alignment AnalysisCalculate universe temperature scores using detailed target data and methodologies. Assess alignment with different warming scenarios. Enable climate-adjusted universe construction and rebalancing.
Financial Institutions & Banking
Transition Risk AssessmentEvaluate borrowers' climate transition readiness through analysis of target ambition and credibility. Assess alignment of lending universes with net-zero pathways. Enable climate-adjusted risk assessment and pricing.
Sustainable Finance ProductsDesign sustainability-linked loans and bonds using standardized target metrics. Structure financial products with science-based climate targets as KPIs. Enable monitoring of borrower progress against climate commitments.
Client Climate AdvisorySupport clients in developing credible climate targets using peer benchmarks and sector pathways. Guide target-setting aligned with global temperature goals. Enable clients' access to sustainable finance through robust target-setting.
Net-Zero StrategyDevelop credible net-zero strategies for lending and investment universes using target data. Set interim universe targets based on client commitments. Enable science-based universe decarbonization planning.
Target-Based UnderwritingIncorporate climate target analysis into underwriting decisions and pricing. Assess credibility of borrower transition plans through target assessment. Enable climate-adjusted risk pricing.
FinTech
Climate Analytics PlatformsBuild climate target assessment and monitoring solutions for financial institutions. Create temperature alignment scoring tools using target data. Enable automated target validation and progress tracking.
Portfolio Management ToolsDevelop universe alignment tools incorporating forward-looking target metrics. Create climate transition risk assessment capabilities. Enable target-based universe optimization and monitoring.
Regulatory Compliance SolutionsDevelop platforms to assist asset managers and financial institutions in navigating regulatory compliance, enhancing reporting capabilities, and bolstering investment and risk management with advanced analytics, visualization, and modeling tools. Facilitate adherence to global standards like SFDR, TCFD, and others, streamlining the complex processes of data management and reporting.
Target Validation SolutionsBuild automated solutions for validating climate target credibility and ambition. Create standardized target assessment frameworks. Enable efficient target screening and monitoring.
Target Data APIsDevelop APIs providing standardized access to climate target data and analytics. Enable integration of target data into third-party applications. Support automated target monitoring and reporting.
GreenTech & ClimateTech
Target Monitoring SolutionsDevelop platforms for tracking and reporting progress against climate targets. Create tools for target-based emissions monitoring. Enable automated progress reporting and verification.
Market Opportunity AnalysisIdentify potential clients based on their climate targets and achievement gaps. Target companies with ambitious climate goals needing implementation support. Enable focused business development in climate solutions.
Value Chain SolutionsDesign solutions addressing scope 3 target requirements. Support supplier engagement and value chain decarbonization. Enable achievement of upstream and downstream emission targets.
Target Setting SupportProvide tools and expertise to help clients set achievable climate targets. Support development of technology-enabled transition plans. Enable credible target setting based on available solutions.
Corporates
Target Development & PlanningBenchmark climate targets against industry peers and sector pathways. Develop credible targets using standardized methodologies. Enable robust target-setting aligned with global standards.
Competitive AnalysisAnalyze competitor climate targets and commitments for strategic planning. Benchmark target ambition against industry leaders. Enable market positioning on climate leadership.
Stakeholder CommunicationSupport investor communication with detailed target and progress data. Demonstrate climate leadership through credible target-setting. Enable transparent disclosure of climate commitments and achievements.
Supply Chain EngagementAssess supplier climate targets and engage on target setting. Support development of value chain emission targets. Enable scope 3 target setting and monitoring.
Professional Services & Consulting
Sector Pathway AnalysisDevelop sector-specific decarbonization pathways using target benchmark data. Guide clients on sector-appropriate target setting. Enable development of credible sector transition plans.
Target Verification ServicesProvide independent verification of climate targets and progress claims. Assess target credibility against established frameworks. Enable assurance of climate-related disclosures.
Target Setting AdvisoryGuide clients in developing science-based climate targets using comprehensive benchmark data. Support target validation and implementation planning. Enable credible and achievable target-setting aligned with global standards.
Climate Strategy DevelopmentSupport development of climate transition strategies anchored in robust targets. Guide interim target-setting and milestone planning. Enable creation of credible decarbonization roadmaps.
Progress Monitoring & ReportingHelp clients track and report progress against climate targets. Support target revision and updates based on achievement data. Enable transparent communication of climate progress to stakeholders.
Research & Academia
Climate Ambition AnalysisStudy corporate climate target trends and ambition levels across sectors. Research effectiveness of different target types and methodologies. Enable evidence-based assessment of corporate climate action.
Target Achievement ResearchAnalyze factors influencing successful target achievement. Study relationship between target types and company performance. Research best practices in climate target-setting.
Policy Impact ResearchStudy impact of policy frameworks on corporate target setting. Research effectiveness of voluntary vs mandatory targets. Analyze relationship between regulation and target ambition.
Target Methodology ResearchResearch effectiveness of different target-setting methodologies. Study best practices in scope 3 target setting. Enable development of improved target-setting frameworks.

Unique Data Value Proposition

Tracenable's GHG emissions reduction target data sets the market benchmark for precision, standardization, reliability, and granularity. Learn why our data stands apart:
Beyond Market Standard
Tracenable's GHG emissions reduction target data offers greater detail and standardization than SBTi or CDP data - not only in terms of units and directionality coverage, but every data point includes information on baseline figures and achievements against targets whenever available, facilitating immediate application for calculating temperature alignment scores and other critical environmental assessments.
Maximized Completeness
Our advanced algorithms synthesize climate targets across multiple sources to create the most complete picture possible. When a company reports target details in different documents, such as baseline in annual reports and progress updates on their website, we integrate all data points to provide continuous, up-to-date tracking of commitments and achievements.
Precision in Every Figure
Our cross-source validation ensures precise tracking of climate commitments and achievements. For instance, we capture exact baseline emissions of 1,542,450 tCO2e rather than rounded-sm figures, while maintaining clear links between targets, baselines, and achievement metrics.
Exceptionally Granular & Fully Standardized
We standardize intensity-based targets using over 200 'as reported' metrics mapped to 28 comparable categories. This unique approach enables meaningful comparison of targets across companies, sectors, and time periods, while preserving original reporting detail.
End-to-End Data Traceability
Every climate target and achievement metric is traceable to its original source with exact page references and documentation of calculation methodologies. This transparency enables confident verification of corporate climate commitments and progress claims.
Full-Scope Boundary Verification
We tag GHG emissions reduction targets that do not cover a company's entire organizational or operational boundaries with an 'Incomplete Boundaries' attribute. This attribute enhances transparency and ensures the comparability of our data by keeping you informed of any potential limitations.

Data Dictionary

Attribute Type/Format Description Example
isinAlphanumeric StringInternational Securities Identification Number (ISIN) of the primary publicly traded financial instrument associated with the company.US42704L1044
leiAlphanumeric StringLegal Entity Identifier (LEI)549300TP80QLITMSBP82
figiAlphanumeric StringFinancial Instrument Global Identifier (FIGI) of the primary publicly traded financial instrument associated with the company.BBG00WNPK2F5
tickerStringTicker symbol of the primary publicly traded financial instrument associated with the company.HRI
mic_codeStringMarket Identifier Code (MIC) of the primary publicly traded financial instrument associated with the company.XNGS
exchangeStringStock exchange of the primary publicly traded financial instrument associated with the company.NASDAQ
permidNumerical StringPermanent Identifier4295900057
company_nameStringLegal name of the company.HERC HOLDINGS INC
countryCategorical StringCountry where the company's headquarters are located.United States
sectorStringSector in which the company operates.Technology
industryStringIndustry classification of the company.Software - Application
metricStringThe specific measurement or data points requested.GHG Emissions Reduction Targets
target_typeCategorical StringType of GHG emissions reduction target set by the company (absolute or intensity-based).Intensity-based Target
year_of_disclosureYear (YYYY)Year in which the data point was disclosed.2023
scope_of_targetArray of StringsGHG emission scopes (1, 2, and/or 3) included in the reduction target.[“Scope 1”, “Scope 2”]
methodCategorical StringApproach used to calculate Scope 2 and occasionally Scope 3 GHG emissions, distinguishing between 'Location-Based' (reflecting grid averages), 'Market-Based' (reflecting the specific electricity profile purchased), 'Not Defined', and 'Not Applicable' methods.Market-based
intensity_categoryCategorical StringHigh-level grouping classifying the denominators that companies report when setting targets to reduce greenhouse gas (GHG) emissions. These categories serve to standardize and simplify comparisons of GHG intensity across different companies, sectors, industries, and time periods.Energy
intensity_sub_categoryCategorical StringMore specific classification within an intensity category that further refines the denominator used to scale GHG emissions. Sub-categories provide a detailed grouping based on the type of material, product, or operational activity.Non-Renewable Energy Sources
intensity_metricStringSpecific denominator that a company reports to measure the intensity of its GHG emissions. It reflects the exact operational or financial measure, such as the amount of energy consumed or revenue generated, and is used to normalize emissions data.Revenue
baseline_yearYear (YYYY)Reference year against which a company's GHG reduction targets are measured.2019
baseline_valueNumerical FloatQuantified GHG emissions value (absolute or intensity) recorded in the baseline year.0.0000583
baseline_unitStringUnit of measurement used for the baseline value.Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Revenue
year_target_was_setYear (YYYY)Year in which the GHG reduction target was formally established by the company.2020
target_yearYear (YYYY)Future year by which the company aims to achieve its GHG reduction target.2030
target_valueNumerical FloatQuantified GHG reduction or performance goal set by the company.0.25
target_unitStringUnit of measurement used for the target value.Percentage (%)
target_unit_directionCategorical StringDirection of the target compared to the baseline or other reference points (e.g., absolute decrease from baseline, percentage increase from baseline).Percentage decrease from baseline
achievement_yearYear (YYYY)Year in which the company's progress towards the GHG target is evaluated.2022
achievement_valueNumerical FloatQuantified progress made towards the GHG target as of the achievement year.17%
achievement_unitStringUnit of measurement used for the achievement value.Percentage (%)
achievement_unit_directionCategorical StringDirection of progress compared to the baseline or other reference points (e.g., absolute emissions in achievement year, percentage decrease from baseline).Percentage decrease from baseline
incomplete_boundariesBoolean (True or Not Specified)Indicates whether the reported data covers only a limited portion of the company's operational or organizational boundaries.Not Specified
source_namesArray of StringsNames of the sources from which the reported data was obtained.['Corporate Responsibility Report']
company_idStringTracenable's internal company identifier.dfb6bd7b-facf-4d0f-86a2-f1eedf191946
document_idsArray of StringsTracenable's internal source document identifiers.["4a32b902-ae42-4692-ae96-b42c99fdd2f9", "2af6f9a5-16e1-4de1-95ec-a309563e9e1a"]
traceability_source_urlStringURL linking to the Tracenable platform, where each data point can be verified. Enables direct access to the audit trail for validation and transparency purposes.https://platform.tracenable.com/source-trace?data-request-id-hash=EIBotf8DhT5c&project=climate-targets