11min chapter

ESG Insider: A podcast from S&P Global cover image

SBTi interim CEO on what’s next for net-zero standards

ESG Insider: A podcast from S&P Global

CHAPTER

Transitioning to Independence: SBTi's Next Steps

This chapter explores the ongoing transition of the Science Based Targets initiative (SBTi) towards independence from its founding partners, focusing on operational efficiency as a separate entity. It highlights the importance of establishing science-based targets for businesses to reduce greenhouse gas emissions and discusses the structured approach to revising net zero standards, including stakeholder engagement. The chapter underscores the significance of sector-specific guidelines and the role companies play in setting and validating their climate targets to meet sustainability goals.

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