Proposed automotive net-zero standard gets revised
Changes aimed at increasing adaptability and usability.
The Science Based Targets initiative (SBTi) is seeking feedback on its revised draft of the proposed net-zero standard for the automotive sector.
According to the SBTi, which will accept comments until 22 March, the amended draft aims to improve how the automotive standard is aligned with the developing corporate net-zero standard whilst at the same time redefining low-emission automobiles as zero-emission vehicles.
Updates also include optionality for automakers when setting targets, better alignment with existing SBTi methods, and allowing global aggregated targets for light-duty vehicles.
"The feedback we received from stakeholders during the last public consultation was crucial in developing this new draft with an increased focus on adaptability and usability," said SBTi Sector Standards Head Karl Downey.
"Decarbonising the road transport sector is vital in meeting global net-zero goals, and ensuring the standard can accommodate the operational contexts of different companies will help the whole sector."
Downey pointed out that the creation of a sector-specific standard would assist automakers and auto parts manufacturers in transforming their ambition into climate action that is both practical and credible.
Through the automotive standard, SBTi's goals are to support the framing of capital-intensive transition decisions, enhance regulatory readiness, and help future-proof competitiveness in the industry.