Key Elements of the SBTi Net-Zero Standard & the Science Behind It

Resource ESG

Developed by the Science Based Targets initiative (SBTi), the Net-Zero Standard is a science-based standard for setting corporate climate targets that are in line with the Paris Agreement. Ratified by more than 190 countries, the Paris Agreement aims to limit the rise of global temperatures to 2°C above pre-industrial levels while also striving for a limit of 1.5°C to mitigate the worst effects of climate change. The difference of a half degree Celsius is expected to have catastrophic effects. The Net-Zero Standard provides businesses with a common, standardized, science-based approach for setting net-zero targets.

 

Key takeaways:

  • Understand the differences between a 1.5°C vs 2°C world
  • Learn about the key elements of the SBTi Net-Zero Standard
  • Discover the steps for setting a Science Based Target

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