What will SBTi-verified net-zero targets require?
- Emissions reductions in line with a global temperature increase of 1.5°C before 2050
- Near-term targets and rapid action to reduce emissions over 5-10 years in line with 1.5°C
- Long-term deep decarbonization of 90-95% across all scopes before 2050
- A limited dependence on carbon removals to neutralize emissions that cannot yet be eliminated (maximum of 5-10%)
- External verification of corporate net-zero targets and annual progress reporting