London, 10 November 2026 – Expana, the commodity market intelligence and price reporting group, today announced that SBTi Services has validated its near-term science-based emissions reduction targets in line with the Science Based Targets initiative (SBTi) Corporate Near-Term Criteria (V5.3).
Expana’s validated targets are:
- Expana commits to reduce absolute scope 1 and 2 GHG emissions 63.0% by 2035 from a 2025 base year.
- Expana also commits to reduce scope 3 GHG emissions 67.0% per GBP value added within the same timeframe.
Full target details are available on the SBTi target dashboard.
Expana provides price data and market intelligence across food, agricultural and wider commodity markets. Climate change increasingly affects the markets its clients operate in, from supply chain stability to production costs. Validated science-based targets give Expana a clear, measurable benchmark for reducing its own emissions, and give clients, investors and colleagues targets against which to track its progress.
Expana will prioritise direct emissions reductions across its operations and value chain and will report progress against its targets annually. It will also encourage suppliers and partners to set science-based targets of their own, so that emissions reductions are shared across the value chain.
“Our clients rely on us to make sense of commodity markets, and climate change is now one of the biggest forces shaping them, from weather-driven supply shocks to rising costs across food and agricultural supply chains,” said Julie Harris, Chief Executive Officer at Expana. “Having our near-term targets validated by SBTi Services gives everyone who works with us a clear, measurable standard to hold us to. Now the work is delivery: cutting emissions across our operations and value chain and reporting our progress openly every year.”
About Expana
Expana is the food commodity intelligence platform built on independent price reporting, with more expertise, more data and deeper forecasts than any other provider in the category. Its mission is to bring clarity to the decisions that feed our world. An independent, IOSCO-assured Price Reporting Agency, Expana serves procurement, supply chain and trading teams across the global agrifood industry.
About the Science Based Targets initiative
The Science Based Targets initiative (SBTi) is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.
It develops standards, tools and guidance which allow companies to set greenhouse gas (GHG) emissions reductions targets to reach net-zero by 2050 at the latest.
Science Based Targets initiative is registered in England and Wales as a charity (1205768) and a limited company (14960097), with registered address: 66 Lincoln’s Inn Fields, London, England, WC2A 3LH. The SBTi has a wholly-owned subsidiary, SBTi Services Limited, a limited company (15181058) registered in England and Wales, which delivers target validation services.
