SBTi Corporate Net Zero Standard V2: Preparing with DitchCarbon’s Data

A Standard in TransitionThe **SBTi Corporate Net Zero Standard** is the global benchmark for businesses setting ambitious climate targets. More than 3,000 companies have committed to or validated science based net zero goals under the current framework (V1.3).Now, SBTi is revising the Standard. The upcoming **Version 2 (V2)** aims to make corporate climate action more effective and accelerate decarbonization. With consultations completed and pilot testing underway in 2025, the updated Standard is expected to become mandatory for new targets from **2027 onward**.---## The Shift: Why Supply Chains Are in FocusOne of the clear priorities for V2 is a stronger emphasis on **Scope 3 emissions**, the emissions from purchased goods, services, logistics, and product use.Why this matters:- For most businesses, Scope 3 accounts for **70–90% of total emissions**.- Current data gaps undermine target setting and risk credibility.- Investors, customers, and regulators increasingly demand proof of supply chain decarbonization.V2 is designed to close these gaps, making supplier engagement and high quality data more important than ever.---## What We Know So Far About V2’s Timeline- **2025–2026**: Companies can still set near term targets under V1.3. These remain valid until 2030.- **2025 (Phase 1 pilot)**: Over 300 companies tested the draft V2 requirements, feeding real world data back to SBTi.- **2026 (Phase 2 pilot)**: Selected companies will trial the refined draft to test feasibility and data requirements.- **2027**: V2 becomes the standard for all new near and long term targets.This means companies have a **two year window** to prepare their supply chain data and systems for compliance.---## The Data Challenge: Why Companies StruggleCollecting Scope 3 data is notoriously difficult:- Suppliers often lack the resources to calculate emissions.- Reporting is inconsistent and non standardized.- Industry averages can obscure real risks and opportunities.Without accurate data, companies risk **setting targets that fail SBTi validation** once V2 is enforced.---## How DitchCarbon Helps Companies Prepare for V2DitchCarbon’s dataset and tools are uniquely positioned to support companies through this transition:- **Granular supplier data**: Covering thousands of companies across multiple industries, beyond self reported disclosures.- **Standardized methodology**: Ensuring comparability and alignment with evolving SBTi requirements.- **Scope 3 visibility**: Helping procurement teams identify high carbon suppliers and prioritize engagement.- **Smooth transitions**: Providing modeled data where suppliers don’t yet report, so companies can set credible interim targets.This ensures businesses can **future proof their targets** against V2 and avoid **last minute** scrambles in 2027.---## From Compliance to Competitive EdgePreparing for V2 isn’t just about compliance. Companies that embed supplier emissions intelligence now will:- Build resilience into their supply chains.- Gain credibility with investors, customers, and regulators.- Unlock opportunities for innovation and low carbon procurement.With DitchCarbon, businesses can turn the upcoming **supply chain challenge** into a **strategic advantage**.---## Conclusion: Don’t Wait for 2027The revision of the SBTi Net Zero Standard is still underway, but the direction is clear: **Scope 3 data and supply chain accountability will define climate leadership in the coming decade.**By acting now, companies can:- Strengthen their current targets,- Prepare for SBTi V2’s rollout, and- Lead the transition to credible, data driven climate action.👉 **Start preparing today: DitchCarbon can help you get your supply chain ready for SBTi V2.**