Electric utilities play a crucial role in decarbonization and helping to meet the flagship goal of the Paris Agreement, limiting global warming to 1.5°C. 

Guidehouse, in partnership with the Carbon Disclosure Project (CDP), created Setting 1.5°C-Aligned Science-Based Targets: Quick Start Guide for Electric Utilities, on behalf of the Science Based Targets initiative (SBTi). 

The guide supports electric utilities in setting science-based targets that meet sector-specific requirements through a four-step process: 

1. Calculate emissions inventory
2. Determine target scope and approach 
3. Construct targets
4. Submit targets to SBTi 

Guidehouse and CDP also created a Science-based Target Setting Tool enabling electric utilities to submit 1.5°C-aligned targets to the SBTi for validation.