Race to Zero: Taking stock of progress
In the latest Race to Zero report, Race to Zero partners transition towards a resilient Global Net Zero world. The report shows a positive increase in implementation of the criteria and impact on the real economy. In some cases, alignment with the criteria has been gradual, in others accelerated improvement can be seen.
Read Report here
Race to Zero: Taking stock of progressRelated Content
SBTI launches second version of Corporate Net Zero Standard
The Science Based Targets initiative (SBTi) released an updated version of their Corporate Net Zero standard on 11th June 2026. David Kennedy, CEO of the SBTi, states: “We are at a critical moment for climate action: companies have told us that they need a partner that can help foster implementation, and that’s what...2.0 is designed to do.
SBTi launched the Financial Institutions Net-Zero Standard
The Science Based Targets initiative (SBTi) has introduced its first Financial Institutions Net-Zero Standard - a science-driven, credible framework designed to help financial institutions align their portfolios with pathways that limit global warming and achieve net-zero emissions by 2050. The guidance below offers insights to support board-level decision-making on setting credible targets and strengthening strategic governance for transition planning.
Guidance for Climate Target Setting for Banks
United Nations Environment Programme Finance Initiative, together with the Net-Zero Banking Alliance (NZBA), have released new Guidelines for Climate Target Setting for Banks. They outline key principles to underpin the setting of credible, robust, impactful and ambitious targets for achieving net-zero greenhouse gas emissions goals in alignment with the Paris Agreement.
