Have you familiarized yourself with the Corporate Net-Zero Standard V2.0?

Have you familiarized yourself with the Corporate Net-Zero Standard V2.0? Carbon credits play an important role in this SBTi guideline.

With the Corporate Net-Zero Standard V2.0, the Science Based Targets initiative (SBTi) provides companies with the tools to accelerate decarbonization.

The core principle remains: companies must strive to reduce their own emissions.

In addition, according to the SBTi, the use of high-quality carbon credits is a valuable complement to companies’ efforts to reduce their carbon footprint. Carbon credits can be used at any level of ambition. Until 2035, any type of high-quality carbon credit may count toward reducing annual emissions, ranging from 1% to 100%. Starting in 2035, only carbon credits for carbon removal will count. Those who invest in this now will have their own supply of carbon credits before demand - and thus the price - begins to rise.

In the Ongoing Emissions Responsibility Program, the SBTi has established minimum criteria for activities that fall within this program for accountability for current emissions.