SBTi to develop ‘world’s first’ global science-based standard for corporate net zero targets

The new framework aims to ensure companies’ targets translate into action and are consistent with achieving a net zero world by no later than 2050

The Science-Based Targets (SBTi) initiative has launched a new process to develop the first science-based standard for corporate net zero targets.

The new framework highlights the need for corporate strategies that are informed by climate science to ensure action will be taken to achieve net zero by no later than 2050.

For a corporate net-zero target to be science-based, two conditions must be met, according to the SBTi.

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