Unpacking SBTi CNZS V2: Updates & Opportunities for Action
Webinar: Thursday, July 9 at 8am PT | 11am ET
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The Science Based Targets initiative’s (SBTi) newly released Corporate Net-Zero Standard (CNZS) V2.0 marks a monumental shift for large corporate climate action. Organizations are officially moving past the era of long-term climate ambition and entering a highly structured framework of cyclical, mandatory target implementation and audited progress tracking.
For corporate sustainability leaders, the V2.0 framework completely upgrades the carbon ledger. From introducing separate scope 1 targets and narrowed deliverability regions for scope 2 actions to mandatory hourly reporting indicators for large loads, the financial and operational risk parameters for your business have evolved if you have (or planned to) an SBTi target.
Crucially, a newly defined legacy clause allows all long-term energy contracts executed before February 1, 2027 to remain under V1.3 guidelines, rather than being subject to V2’s more rigid deliverability boundaries. The window to take advantage of this grandfathering under current rules is shrinking rapidly.
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 tactical breakdown of the structural updates to scope 1, 2, and 3 guidance
- A close look at how certain themes like new target-setting options and approved market instruments that could redefine corporate climate strategies
- 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
- Identify which newly-permitted market instruments and flexible supply chain levers to deploy.
- The Use of Scope 1 Activity Pool Instruments
- Evaluate where direct decarbonization can occur and where newly-permitted 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
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.
