In November 2022 ISO published the output from their International Workshop Agreement (IWA) 42. In the document it reads that it provides guiding principles and recommendations to enable a common, global approach to achieving net zero greenhouse gas emissions through alignment of voluntary initiatives and adoption of standards, policies, and national and international regulation. An IWA is reviewed after three years at which point it can be further processed to become a Publicly Available Specification, a Technical Specification, or an International Standard.
How does this document relate to the SBTi corporate Net zero or financial net zero standards? Is it complimentary? Is it aligned with SBTi’s standards? As it reads now, I’m thinking the ISO standard may create a quality framework for net-zero targets and that SBTi’s standards provide the details needed to fulfill the requirements.
I’d really would like to hear SBTi’s or other forum members advice on this. I am senior sustainability analyst at a global EHS compliance and sustainability company, and this information would be useful when we advise clients.
Thank you in advance for your advice and opinion.