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SBTi Corporate Net-Zero Standard Version 1.0 October 2021 4 1 BACKGROUND TO THE NET-ZERO STANDARD The IPCC (2018), Special Report on Global Warming of 1.5°C (SR15), was widely accepted as a warning that we must limit global temperature rise to 1.5°C above pre-industrial levels and reach net-zero CO
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SBTi Criteria and Recommendations
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sciencebasedtargets.orgBusiness Ambition for 1.5°C is an urgent call to action from a global coalition of UN agencies, businesses and industry leaders, in partnership with the Race to Zero. From 2019 to 2021, the Business Ambition for 1.5°C Commitment Letter offered two options on how to join, allowing for flexibility and recognizing differences between sectors.
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sciencebasedtargets.orgStandard is the first global science-based standard to guide companies in setting net-zero targets. The SBTi is undertaking a robust, inclusive, and transparent consultation with stakeholders from science, business and civil society to ensure that the SBTi’s Net-Zero Standard is the gold standard for science-based net-zero target setting.
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