The SBTi’s Corporate Net-Zero Standard is live – here is how to make the most of it
The SBTi’s Corporate Net-Zero Standard is live – here is how to make the most of it The Science-Based Targets Initiative(SBTi) unveiled its new, much
The Science-Based Targets Initiative(SBTi) unveiled its new, much anticipated Corporate Net-Zero Standard, a global framework for corporate Net Zero target setting in line with climate science. Until now, organisations had no trustworthy way of knowing if their targets and decarbonisation plans align with keeping global temperature rise under 1.5°C. With COP26 around the corner and growing public demand for meaningful action, the lack of coherence and consistency over the concept of Net Zero certainly didn’t help matters, but instead often led to confusion and – sometimes valid – claims of greenwashing.
The need for global standardisation was clear and the new SBTi Standard is already boasting a comprehensive cycle of development. After welcoming input from more than 800 stakeholders across most industries, it has also been piloted this past August 2021 by over 80 different organisations.
The SBTi will begin validating targets from early next year. To get you started, here are some key things to note about the new Standard criteria:
must be fulfilled within 5 years from the date the target is submitted to the SBTi.
The SBTi’s Corporate Net-Zero Standard is live – here is how to make the most of it The Science-Based Targets Initiative(SBTi) unveiled its new, much
ESOS Phase 3 is nearly here – how will changes impact you? We’re now just about 12 months from the ESOS Phase 3 deadline and
Here at Energise, we are a growing business with big ambitions to be the catalyst for 1% of the UK becoming Net Zero by 2025.