Sustainability Consulting

The transport sector faces significant challenges in reducing carbon emissions, which currently account for nearly one-quarter of all energy-related emissions. Despite advancements in electric vehicles and other technologies, the sector remains one of the fastest-growing sources of carbon emissions, with commitments to climate goals lagging behind the necessary pace to limit global warming to below 2°C. To address these issues, WWF developed a sectoral decarbonization tool specifically for transportation, aimed at helping transport companies, logistics providers, and vehicle manufacturers set science-based emissions targets aligned with the Paris Agreement.

The tool employs the Sectoral Decarbonization Approach, which allocates the global carbon budget among sectors and individual companies, considering potential decarbonization strategies and expected growth. It utilizes data from the Mobility Model (MoMo) created by the International Energy Agency (IEA) to derive decarbonization pathways for various transport modes. This allows companies to benchmark their emission reduction plans against IEA's scenarios, including the 2°C scenario (2DS) and the Beyond 2°C scenario (B2DS). Accompanying guidance helps companies determine which emissions to include in their targets, set appropriate boundaries, and establish timeframes, all based on greenhouse gas accounting standards and best practices.

As of April, over 100 global corporations have set science-based targets, with an additional 270 publicly committing to do so. The tool and guidance aim to facilitate further commitments and approvals of targets. Notable endorsements from industry leaders highlight the tool's alignment with international best practices and its role in bridging gaps between government policies and industry initiatives. For instance, Michelin and Groupe Renault have both expressed their commitment to reducing their carbon footprints and have actively contributed to the development of the tool, which they view as essential for validating their emissions reduction plans and achieving long-term sustainability goals.