A Joint Position Statement on Carbon Dioxide Removal in SBTi’s Draft Corporate Net-Zero Standard

A Joint Position Statement on Carbon Dioxide Removal in SBTi’s Draft Corporate Net-Zero Standard

In March, the Science Based Targets initiative (SBTi) released the first draft of its Corporate Net-Zero Standard v2, kicking off a public consultation process as part of SBTi’s broader revision process for the standard. Importantly, the draft standard advances the conversation on the role of carbon dioxide removal (CDR) in reaching corporate net-zero targets. SBTi highlights the need for CDR to address residual emissions and offers three option…