The Science Based Targets initiative (SBTi) has unveiled plans for a significant update to its Corporate Net-Zero Standard, detailing the objectives, scope, deliverables, provisional timeline, and stakeholder engagement opportunities. The revision aims to align with the latest scientific insights, address scope 3 target challenges, integrate continuous improvement, and enhance interoperability with other frameworks. Key steps include assessing Environmental Attribute Certificates’ effectiveness and a public consultation in Q4 2024. This revision, adhering to the Standard Operating Procedure, seeks to refine and update the Corporate Net-Zero Standard to better support companies in achieving their net-zero commitments.
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