Under SBTi V2, how much of scope 2 must a near-term target cover?

All of it. SBTi Corporate Net-Zero Standard V2.0, C12.1, says near-term targets must cover 100% of Scope 2, through a low-carbon electricity alignment target or an absolute Scope 2 reduction. Category A companies projecting electricity growth above 20% a year must set a Scope 2 emissions target.

The two options (C12.2)

• Low-carbon electricity alignment: raise the share of low-carbon electricity used, contracted or matched, on a straight line consistent with a net-zero pathway.
• Absolute Scope 2 reduction: cut Scope 2 tonnes on a straight line to a residual level.

What changed from version 1

• Version 1 allowed up to 5% of combined Scope 1 and 2 to be left out (C5). V2.0 asks for 100% of Scope 2.
• Version 1's renewable electricity option used 80% by 2025 and 100% by 2030. V2.0 uses a low-carbon electricity alignment path.
• Scope 2 here includes purchased heat, steam and cooling, not only electricity.
• Target ambition is set on the physical inventory, using location-based Scope 2 (C9.4).

Fast-growing electricity users

Category A companies must submit projected electricity use over the target period (C12.3). If average yearly growth is above 20%, they must set a Scope 2 emissions target, and may add an alignment target (C12.4). Category B companies seeking validation set separate Scope 1 and Scope 2 targets.

Example: does the 20% rule bite?

• Electricity today: 40,000 MWh; projected in five years: 110,000 MWh
• Growth: 110,000 / 40,000 = 2.75 times over five years
• Compounded: 2.75 to the power 1/5 = about 1.224, so about 22.4% a year
• Above 20%: a Scope 2 emissions target is required

Example company. The criteria say average annual growth; check the calculation SBTi asks for.

What Senseible does here

Senseible reads electricity bills for units and billing period and reports Scope 2 location-based and market-based; the market-based figure needs your contract or certificate data. It does not set, validate or assure SBTi targets.

• SBTi renewable electricity target option
• SBTi V2 hourly matching recognition
• SBTi Net-Zero Standard V2: supplier impact
• Scope 3 supplier evidence

Sources: SBTi, Corporate Net-Zero Standard V2.0, Criteria (final, released June 2026, effective 1 February 2027): C9.1, C9.4, C12 and footnote 20, SBTi, Corporate Near-Term Criteria V5.3.1 (final, April 2026, in effect from 14 April 2026): C5, C21

Last reviewed 2026-11-01.