Through the Science Based Targets initiative (SBTi), companies can set and have their CO₂ reduction targets validated. However, in order to receive validation, companies must meet high standards. Transition has supported Bellagroup in preparing to join the initiative.
Bellagroup is one of Denmark’s largest companies within hotels, conferences, and exhibitions. The company has worked with ESG for several years, and Transition has collaborated with the organization on multiple occasions. We have, for instance, assisted with the execution of a double materiality assessment and, most recently, with meeting the requirements of SBTi.
What is SBTi?
SBTi is a recognized and globally established initiative that helps companies set science-based targets for reducing their CO₂ emissions. SBTi also validates the targets, which strengthens the credibility of a company’s commitment to emissions reductions.
Carbon Accounting and Reduction Targets
SBTi requires high-quality carbon accounting and the development of a reduction plan aligned with the targets.
Transition supported Bellagroup in meeting these requirements by first ensuring the quality of the company’s carbon reporting according to the GHG Protocol. This included documenting the boundaries of the carbon inventory and identifying relevant Scope 3 categories.
Additionally, we helped Bellagroup develop reduction targets, including goals related to food and the supply chain. This work involved scenario analyses and identifying initiatives that can contribute to Bellagroup achieving its reduction goals.
By joining SBTi, Bellagroup has committed to ambitious targets: a 60% reduction in CO₂ emissions by 2030 and achieving net zero by 2050.
Among the First Major Danish Companies in the Sector
In February 2025, Bellagroup received official validation of their reduction targets. This makes Bellagroup one of the first major Danish companies in the hotel and hospitality sector to have its targets validated through SBTi.
This validation enables Bellagroup to clearly communicate their level of ambition, their reduction targets, and the concrete initiatives being implemented — for instance, through their ESG reporting.
Do you want to know more about SBTi and how we can help your company? Contact Mathias Selchau Majlund, Head of ESG, at mathias@transition.nu.