Short answer
SBTi target renewal is the process of refreshing existing targets so they meet the updated standard. With v2 submissions from early 2027, most current target holders should be reviewing their plans now.
Why renewal matters
v2 raises the bar on Scope 3, evidence and transition planning. Existing targets may need updating to stay aligned.
What to prepare
Refreshed Scope 3 inventory with supplier specific data where possible.
Updated transition plan with progress evidence.
Clear timeline that connects today's data with the renewed target.
How this applies to your company
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What is SBTi v2?
SBTi v2 is the next version of the SBTi Corporate Net Zero Standard, with companies able to submit against v2 from early 2027.
What is an SBTi transition plan?
An SBTi transition plan is the practical roadmap that explains how a company will hit its science based targets, with evidence to back it up.
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