SBTi's revised net-zero standard proposes carbon removal for residual emissions
he Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard" on March 18. The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2 emissions. The draft also proposes allowing companies to use carbon removal credits to offset their residual emissions, which is expected to inject new momentum into the voluntary carbon market. he Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard" on March 18. The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2 emissions.
