Unpacking SBTi CNZS V2: Updates & Opportunities for Action
Register to attend our session on Thursday, July 16.
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Decode SBTi CNZS V2 with 3Degrees
The Science Based Targets initiative’s (SBTi) newly released Corporate Net-Zero Standard (CNZS) V2.0 marks a monumental shift for corporate climate action.
The revised framework raises the bar and provides meaningful pathways for companies to reduce emissions and encourages progress on a best-effort basis. V2.0 brings both new flexibility and urgency: tighter deliverability regions and hourly reporting for scope 2, market-based instruments for scope 1, and an important legacy clause that protects contracts executed before February 1, 2027 from more stringent future requirements. The window to act under current guidance is narrow.
If you are leading a sustainability, ESG, climate or energy procurement team, you are likely facing the overwhelming task of decoding this updated guidance, identifying which changes affect your current strategy, and considering adjustments to your approach. You don’t have to sift through these updates in a silo—our team has parsed every page of V2, and on July 9 and July 16, we’ll provide a clear map of what changed and exactly how to respond.
Whether you’re assessing options to accelerate a PPA, evaluating your existing REC portfolio, or trying to understand what the new standard means for your climate targets, this session will help you move forward with confidence.
This session will feature a presentation by our experts, followed by dedicated time for a live audience Q&A, so bring your pressing questions!
Date: Thursday, July 16
Time: 15:00-16:00pm CET (9:00-10:00am ET)
Can't make the live session?
Register anyway! We will distribute the webinar recording directly to your inbox post-session.
What you'll learn:
Join 3Degrees for an action-oriented presentation that cuts through technical text to deliver clear, prioritized opportunities for decarbonization in the next six months and beyond.
- A breakdown of the structural updates to scope 1, 2, and 3 requirements
- A close look at how certain themes like new target-setting options and approved market instruments could redefine corporate climate strategies
- A timeline for the transition from V1.3 to V2.0
- The 7-month window to execute long-term contracts
- Take advantage of the certainty provided by the Legacy Clause to execute PPAs or long-term REC strips and have them grandfathered under V1.3 for the duration of their term (i.e., V2.0 geographic matching requirements would not apply)
- The value chain lever decision
- Capitalize on expanded scope 3 intervention frameworks.
- Identify which newly-permitted market instruments and flexible supply chain levers to deploy (also applicable to targets set under v1.3)
- The use of scope 1 activity pool instruments
- Second to direct decarbonization, evaluate where market-based instruments, such as biomethane / RNG certificates, renewable hydrogen, or sustainable aviation fuel (SAF), can be used to address hard-to-abate emissions
Meet your speakers
European Session – July 16, 9:00am ET | 15:00pm CET
Environmental consulting team experience
Our team of climate experts will meet you where you are and help your organization through the target setting process. From measuring your footprint and forecasting business-as-usual emissions to creating a comprehensive business case and aligning stakeholders for executive approval, we’re here to support every step of the way through the target-setting process.
SBTi target-setting engagements completed
renewable energy & climate strategy consulting engagements completed
countries where we buy, sell, or consult on clean energy
Can’t wait for the webinar?
The February 1, 2027 legacy cutoff for executing long-term PPA or REC contracts is fast approaching. If you want to start a procurement engagement, evaluate your existing portfolio, or require immediate strategic guidance on your organization’s opportunities for action under SBTi V2.0, let’s connect today.
