The Science Based Targets initiative (SBTi) recently released its Corporate Net Zero Standard (CNZS) v2, introducing updated guidance for corporate greenhouse gas reporting and market-based Scope 2 accounting.
Stricter Temporal and Geographic Proximity
Under CNZS v2, corporate buyers must demonstrate tighter temporal and geographic alignment between their electricity consumption and the clean generation assets contracted to supply them. The era of buying unbundled annual certificates from distant grids to offset local peak fossil emissions is giving way to granular verifiable procurement.
Preparing Your Energy Strategy
Energy suppliers that equip themselves with automated certificate allocation engines and multi-brand telemetry dashboards will be uniquely positioned to serve commercial and industrial clients striving to meet stringent SBTi targets.