Most companies must reduce emissions by more than 90%. Set long-term targets: The Net-Zero Standard also requires companies to set long-term science-based targets to cut all possible emissions before 2050. Halving emissions by 2030 must be the overarching priority for companies. Prioritize rapid, deep emission reductions by setting near-term targets: Rapid, deep cuts to direct and indirect value-chain emissions are the most effective, scientifically-sound way of limiting global temperature rise to 1.5☌.Key components of the Corporate Net-Zero Standard It includes the guidance, criteria, and recommendations companies need to set science-based net-zero targets consistent with limiting global temperature rise to 1.5☌. The SBTi’s Corporate Net-Zero Standard is the world’s only framework for corporate net-zero target setting in line with climate science.
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