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The Science Based Targets initiative (SBTi), renowned for setting ambitious climate benchmarks, has stirred significant discourse in the corporate and environmental sectors with its recent proposal to include carbon credits for offsetting Scope 3 emissions. This move, aimed at accelerating the decarbonisation of value chains, has not only brought new opportunities but also ignited fierce internal and external backlash. Here, we explore the implications of this decision and the varied reactions it has provoked.

In the realm of climate change mitigation, net zero plans have become a central focus for governments and large corporations. As the urgency to combat climate change intensifies, organisations worldwide are setting ambitious net zero goals. Last year, the Science Based Targets Initiative (SBTi) unveiled the ground-breaking 'Net-Zero Standard,' providing invaluable guidance for companies embarking on their net-zero journey. In this article, we explore the SBTi Net-Zero Standard Framework, shedding light on its purpose and outlining actionable steps businesses can take to achieve net zero emissions. At Neuer Energy, our innovative platform is designed to support and streamline your organisation's path towards net zero.