SBTi Corporate Net-Zero Standard · Version 2.0

From ambition to action: what changes in V2.

Version 2.0 is a full revision — the SBTi's most significant system transition to date. It moves the framework from setting targets to delivering them. The eight changes below are grouped into four themes; each shows what it means at a glance, with a sourced V1-to-V2 comparison one click away and a deep-dive page for the full picture. Start with What it means for you if you want the practical implications first.

Approved 11 June 2026 Effective 1 February 2027 V1.3.1 stays open until end-2027 Scope cross-sector, scopes 1–3
V1 Version 1.3.1 + Near-Term Criteria V2 Version 2.0 Provisional SBTi guidance not yet finalised
01

Key changes at a glance

Eight shifts across four themes. Each card gives a one-line read; expand “Compare V1 → V2” for the sourced contrast (with direct quotes and links), or open the deep-dive for the full explanation, methodology detail and worked examples.

1

Targets & methods

What you must commit to, and how you set it
1

Near-term targets are the spine; net-zero is optional.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
“…cover a period of 5 to 10 years from the date of submission.”Transition Guide, p.14 (CNZS V1.3.1, C17) “…cover a period of 5 years from the date of submission.”Transition Guide, p.14 (CNZS V2.0, C9)

Full quoted comparison on the deep-dive page.

Deep-dive: Targets & methods →
2

Methods now fit how each scope decarbonises.

Compare V1 → V2 (direct quotes)
Version 1.3.1 (scope 1 methods)Version 2.0 (scope 1 methods)
“Absolute Contraction Approach (ACA); Sectoral Decarbonization Approach (SDA) if applicable.”Transition Guide, p.15 (CNZS V1.3.1, Table 3) “Asset transition targets with a trajectory defined by an Asset Decarbonization Plan…”Transition Guide, p.15 (CNZS V2.0, C10–C11)

Each method is explained — what it is and how it’s calculated — on the deep-dive page.

Deep-dive: Targets & methods →
3

Your category now sets your obligations.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
Corporate / SME / financial-institution routes — no Category A/B split.Transition Guide, p.9 “…turnover above €50 million in high-income countries and above €450 million in lower-income countries.”Digital Standard (categorisation)
Deep-dive: Targets & methods →
2

Delivery

How you're expected to deliver, and what counts
4

How you cut emissions now follows a set order.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
“No explicit requirements included on target implementation.”Transition Guide, p.21 “Companies are required to prioritize activity-level actions.”Transition Guide, p.21 (CNZS V2.0, Ch.4)
Deep-dive: Delivery →
5

Certificates can support delivery, not replace cuts.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
Renewable-electricity instruments only; no broader framework.Transition Guide, p.15 “…supported by market instruments such as energy attributes and commodity certificates…”Executive Summary, p.9
Deep-dive: Delivery →
3

Beyond the value chain

The role of credits and removals
6

Carbon credits complement cuts; they never replace them.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
“A voluntary ‘Beyond Value Chain Mitigation’ recommendation…”Transition Guide, p.18 (CNZS V1.3.1, R12) “…participate in the optional Ongoing Emissions Responsibility (OER) recognition program.”Transition Guide, p.18 (CNZS V2.0, Ch.6)
Deep-dive: Beyond the value chain →
4

Governance & assurance

How progress is judged
7

Targets must now be delivered, not just set.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
“No formal mechanism to substantiate performance against targets.”Transition Guide, p.19 “…report progress and barriers to progress for all validated targets…”Transition Guide, p.21 (CNZS V2.0, C36)
Deep-dive: Governance & assurance →
8

Assurance and progress checks step up.

Compare V1 → V2 (direct quotes)
Version 1.3.1Version 2.0
“…report progress against all validated targets on an annual basis.”Transition Guide, p.21 (CNZS V1.3.1, C31) “…undergo an End-of-Cycle assessment validation against targets at the end of each target cycle.”Transition Guide, p.19 (CNZS V2.0, Ch.5)
Deep-dive: Governance & assurance →
Timing

The transition window, and the path for each actor

V1 and V2 run in parallel through the transition. Several V2 innovations already apply to V1, so the practical question is which path to take — and that depends on where a company is today.

Q2 2026
Updated absolute-contraction method live in V1
11 Jun 2026
V2.0 approved
1 Feb 2027
V2.0 effective; single commitment option
End 2027
V1 closes for new target-setting
From 2028
Set V2 targets for the 2030–35 cycle
2035
Category A removals duty begins
Have 2030+ targets / 2028 review
  • Keep your current targets — no need to re-open them now.
  • Plan to transition to V2 for the next cycle (2030–35).
  • Start setting V2 targets from 2028 for lead time.
Setting targets now
  • You may keep using V1 for target-setting until end-2027.
  • Attractive for V1 flexibilities (combined S1+2, scope 3 boundary).
  • Targets stay valid for the full cycle; move to V2 next cycle.
No targets yet / new entrant
  • From 1 Feb 2027, a single “SBTi Commitment” expresses intent.
  • Build directly on the V2 architecture and categorisation.
  • Set near-term S1+2 (and S3 if Category A) as your core.

Reliability & sources

Confidence: High on the substance. Every change is drawn from the official V2.0 Standard, its Executive Summary, the SBTi Services Transition Guide (with V1-vs-V2 comparison tables), the How-To flowchart, and the Continuing-Use guidance. Thresholds (€450m, 10,000 tCO₂e, 5%, >20%, 95%→100%, 2035 removals, $20/$80 carbon price) were verified against source criteria.
Sources: SBTi Corporate Net-Zero Standard V2.0 (Jun 2026) · Executive Summary · Transition Guide · How-To flowchart · Continuing Use of V1.3.1 & Transition to V2.0 · Preliminary Minimum Evidence Requirements.