On Thursday, October 28, 2021, a few weeks before COP 26, the SBTi (Science Based Targets Initiative) updated its Net Zero guide for businesses.
This new version is much more demanding and will force companies to increase their efforts to declare themselves "Net Zero".
Amongst others, one of the most impactful changes concerns the long-term emission reduction target, which becomes mandatory.
And as we at Traace take care of companies, we have prepared a small infographic to allow you to quickly and simply understand the ins and outs of this new standard!
Enjoy your reading!