Cimate strategy experts from 3Degrees break down the Science Based Targets initiative’s (SBTi) newly released Corporate Net-Zero Standard Version 2.0 — the most significant update to the framework since its launch. For heavy industrial companies, the implications are both more flexible and more demanding than the previous guidance.
New scope 1 target-setting methods designed specifically for asset-intensive, capital-cycle-driven businesses give manufacturers, chemical producers, and materials companies more credible pathways to validation. At the same time, V2.0 formalizes mandatory transition planning, annual progress reporting, and new market instrument integrity rules to ensure that climate action remains credible.
This session is designed for sustainability and climate leads at companies in energy-intensive sectors like manufacturing, chemicals, steel, cement, and industrial processing. We’ll walk through what V2.0 means for companies at different stages of SBTi engagement — whether you have an existing V1.3 target, are considering aligning with V2 guidance, or are setting a science-based target for the first time. We’ll close with concrete near-term actions your organization can take right now, including steps that must be completed before the February 1, 2027 legacy clause deadline. This cutoff marks the end of the grace period for locking in targets under the current V1.3 framework and protects executed contracts from more stringent future requirements.
With sector-specific standards underway and the GHG Protocol revision ongoing, our team will be sure to address what’s finalized, what’s still in development, and how to engage with future consultation periods.
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Speakers
Trevor Peters
Trevor Peters is a Senior Manager on the Climate Strategy team at 3Degrees, where he helps organizations design and execute comprehensive, multi-faceted decarbonization roadmaps. An expert in Scope 1 emissions reduction and supply chain decarbonization, Trevor specializes in helping hard-to-abate and heavy industry sectors navigate complex climate standards and procurement frameworks.
His work focuses on translating evolving standards—such as the SBTi Corporate Net-Zero Standard (CNZS) and the EU’s Carbon Border Adjustment Mechanism (CBAM)—into practical, market-based risk mitigation strategies, including biomethane/RNG integration and supplier engagement initiatives.
Laura Vendetta
Laura Vendetta is Director of Regulatory Affairs at 3Degrees, where she leads the company’s global policy and regulatory strategy across clean energy, carbon, biogas, and transportation markets. An expert in greenhouse gas reporting and mandatory climate disclosure, Laura advises organizations on navigating the evolving regulatory landscape shaping corporate climate action.
Her work focuses on translating complex policy developments (such as GHG Protocol Scope 2 revisions and emerging carbon reduction frameworks) into actionable strategies for corporate clean energy buyers. Prior to 3Degrees, Laura shaped energy policy at the Clean Energy Buyers Association, the Federal Energy Regulatory Commission, and the U.S. Department of Energy, where she led development of the Quadrennial Energy Review.
Kyra Power
Kyra Power is an Engagement Manager, North America at the Science Based Targets initiative (SBTi), a corporate climate action organization that enables companies to set robust and credible greenhouse gas (GHG) emissions reductions targets through the development of standards, tools and guidance grounded in climate science. As an Engagement Manager, she supports the socialization, adoption and evolution of SBTi’s standards and guidance through targeted stakeholder engagement, partnership development and market insights.
