SBTi’s latest draft standard proposes flexible, scope-specific target setting
The Science Based Targets initiative (SBTi) released a draft update to its Corporate Net-Zero Standard on Nov. 6, introducing more flexible scope-specific target-setting methods. The update includes three approaches for scope 1, clarity on scope 2 and low-carbon electricity purchasing, and a developed scope 3 framework. It also offers companies options for progressive responsibility of ongoing emissions and a cyclical validation process. Large companies in high-income countries face stricter requirements, including addressing residual emissions with carbon removals by 2035. The final standard is expected in 2026, effective from 2028.
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