Reducing commitment from both near- and long-term targets to just near-term targets

The company has already sent a commitment for both near-and long-term targets. Now, due to new developments within the company, it has been decided that it wants to change its commitment to only a near-term target.

What would be the correct process to update the commitment to reflect this change?

Please note that companies and FIs that fail to submit their targets for validation within 24 months of signing the commitment letter will have their commitments marked as ‘Removed’ on the SBTi Target Dashboard, per the SBTi Commitment Compliance Policy. This would be case for the company’s net-zero commitment but not its near-term commitment if the company ends up with a validated near-term target (but not a validated long-term target) within the 24 months.