Sustainability and carbon market news

The Science Based Targets initiative (SBTi) has published its Corporate Net-Zero Standard Version 2.0 (CNZS2), the most comprehensive update to its corporate net-zero framework to date. The standard formally recognises the use of carbon credits,...

The Science-Based Targets Initiative (SBTi) will release guidance on the use of carbon credits and market mechanisms by the end of 2026's follow-on year, as part of a newly published strategy covering the 2026–2030 period. A man reviewing ESG data...

The Science Based Targets initiative (SBTi) has revised the Absolute Contraction Approach (ACA), the methodology companies use to calculate near-term emissions reduction targets. The update brings the method into line with the direction proposed for...

Corporate sustainability target-setting is accelerating. New data from the Science Based Targets initiative (SBTi) shows that the number of companies with validated science-based targets grew by 40% in 2025, reaching 9,764 by year-end. The milestone...

The Science Based Targets initiative (SBTi) has published Version 1.2 of its Forest, Land and Agriculture (FLAG) Science-Based Target-Setting Guidance. The update takes effect immediately and applies to all companies required to set FLAG targets...

The landscape of corporate responsibility has reached a decisive turning point. As of January 2026, the Science Based Targets initiative (SBTi) has officially validated the environmental goals of 10,000 companies worldwide. This milestone marks a...

The Science Based Targets initiative (SBTi) has unveiled the second draft of its revised Corporate Net-Zero Standard (CNZS), introducing a new framework that could reshape how companies account for ongoing emissions. The draft, known as CNZS V2, is...

Corporate environmental ambition is rapidly intensifying worldwide, with the number of companies committing to both near-term and net-zero science-based targets more than tripling in just 18 months. According to the Science-Based Targets initiative...

The Science Based Targets initiative (SBTi) has unveiled its much-anticipated Financial Institutions Net-Zero Standard, a new framework designed to help the finance sector align with the global transition to a net-zero economy. This marks the first...

The Science Based Targets initiative (SBTi) is intensifying efforts to finalise the much-anticipated update to its Corporate Net-Zero Standard (CNZS 2.0)—a major framework overhaul expected to shape global environmental initiatives—scheduled for...

The Science Based Targets initiative (SBTi) has issued a fresh set of guidelines to support companies revisiting their science-based emissions targets, a key requirement under the initiative’s Corporate Net-Zero Standard (CNZS). The move comes as...

The Science Based Targets initiative (SBTi) has released a draft revision of its Corporate Net-Zero Standard, marking a pivotal moment for corporate environmental strategy and the carbon removal sector. The draft—Corporate Net-Zero Standard Version...

The Science Based Targets initiative (SBTi) has introduced a new platform, SBTi Services, designed to meet the surging demand for target validation as more companies commit to environmental goals. The online tool, which includes a validation portal,...

The Science Based Targets initiative (SBTi) may soon open the door for companies to use carbon credits to meet their voluntary climate goals, according to Guy Turner, head of ESG ratings at MSCI. Speaking at Climate Week NYC 2024, Turner hinted that...

The Science Based Targets initiative (SBTi) has broadened the revision of its Corporate Net-Zero Standard, aiming to refine its guidelines on neutralisation and make minor adjustments to its approach. The Corporate Net-Zero Standard, first...

The Science Based Targets initiative (SBTi) has released four technical publications as part of the early stages of revising its Corporate Net-Zero Standard. This move is aimed at ensuring the Standard remains aligned with the latest scientific...

Six environmental NGOs have expressed support for the Science-Based Targets initiative (SBTi) in its plans to allow greater use of carbon offsetting, provided stringent conditions are met to ensure the efficacy of these credits. Top view of six tree...

The Science Based Targets initiative (SBTi) has made a pivotal announcement: the inclusion of Scope 3 emissions in environmental attribute certificates. This means that companies will now be able to compensate for their Scope 3 value-chain emissions...

The Science Based Targets initiative (SBTi) is taking significant strides in environmental action by focusing on emissions reduction beyond the corporate value chain. On 28 February, the SBTi, in a joint effort with The Committee for Development...