SBTi Releases Draft Corporate Net-Zero Standard V2

The Science Based Targets initiative (SBTi) has unveiled the draft of its updated Corporate Net-Zero Standard V2, now available for public consultation. This revision offers refined methodologies for companies to set and achieve science-based targets, with a focus on Scope 1, 2, and 3 emissions. Notable updates include new guidance on Scope 2 mitigation, enhanced alignment targets, and the integration of removal strategies. The draft also introduces a tailored approach based on company size and geography, ensuring more relevant and achievable targets.

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