Francesco Starace appointed as chair of the Science Based Targets initiative

EQT congratulates Francesco Starace, Partner in the EQT Infrastructure Advisory Team, on his appointment as Chair of the Science Based Target initiative's first Board of Trustees.

Photo of Francesco Starace

The SBTi’s goal is to enable companies worldwide to do what climate science requires of the global economy: to halve emissions by 2030, and achieve net zero before 2050. The SBTi develops criteria and provides tools and guidance to enable businesses and financial institutions to set greenhouse gas emissions reduction targets in line with keeping global warming below 1.5°C.

The SBTi, which has been operated as a partnership between CDP, the United Nations Global Compact, the World Resources Institute, and the World Wide Fund for Nature and the We Mean Business Coalition, today announced its plan to incorporate as a legal entity in the United Kingdom. Additionally, it has announced the appointment of its new independent Chair and two new Trustees, and the separation of its validation services division. These developments adopt internationally recognized best practice to safeguard impartiality, further boosting credibility and integrity for businesses and financial institutions setting science-based targets.

Lennart Blecher, Partner and Head of the Real Assets Advisory Team at EQT said: “On behalf of EQT, I would like to congratulate Francesco on this appointment. The SBTi represents a gold standard for corporate net zero targets. We are very happy to have Francesco on our team, helping to drive corporate climate action at EQT and beyond”.

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