The SBTi's new Net-Zero-Standard is the world’s first framework for corporate net-zero CO2 target setting in line with climate science. It includes the guidance, criteria and recommendations companies need to set science-based net-zero CO2 targets consistent with limiting global temperature rise to 1.5 degrees Celsius.
According to the SBTi, MVV is net zero compatible, meaning that the company will be able to reduce its CO2 emissions along the whole of the value chain to net zero by 2040 at the latest. What counts here is the actual reduction in CO2 emissions, also at customers and suppliers, without any use of offsetting certificates or projects.