As global climate governance continues to evolve, the release of the Science Based Targets initiative version 2 (SBTi V2) introduces new challenges and higher expectations for companies setting emissions reduction targets and developing decarbonization roadmaps. To help businesses operating in China understand the latest requirements and prepare effective response strategies, RESET Carbon, a provider of supply chain carbon management solutions, partnered with the Sustainability and Corporate Responsibility Committee of the American Chamber of Commerce in Shanghai (AmCham Shanghai) to host a successful sharing session on “Key Updates in SBTi V2 and Corporate Response Strategies” on June 2.
Expert Perspectives on SBTi V2: Key Updates and Practical Implications
The event opened with welcome remarks from Ellen Wu, Vice Chair of the Sustainability and Corporate Responsibility Committee at AmCham Shanghai and General Manager of RESET Carbon for Mainland China and Taiwan. Ellen highlighted that SBTi V2 raises the bar in several areas, including target setting, transition planning, Scope 3 emissions management, and supplier engagement. She emphasized that companies must move beyond climate commitments and take a more systematic approach to driving deep decarbonization across both their operations and supply chains.
During the keynote presentation, Yang Liu, Senior Consultant at RESET Carbon, provided an in-depth overview of the core updates introduced in SBTi V2. She compared the major differences between Versions 1 and 2, analyzed the potential implications for corporate climate strategies and emissions reduction programs, and offered practical recommendations tailored to organizations at different stages of maturity—from those still evaluating whether to set science-based targets to those with existing targets established under SBTi V1.
In the Fireside Chat, Liam Salter, Founder and CEO of RESET Carbon, shared valuable insights drawn from his experience supporting multinational companies across the apparel, technology, and manufacturing sectors. Liam explored the real-world challenges companies face in target setting, supply chain decarbonization, and transition implementation, while highlighting practical approaches to overcoming these barriers.
The session generated lively discussion among participants, with company representatives actively sharing their own experiences and engaging with RESET Carbon’s expert team on topics including SBTi target-setting requirements, supply chain management, renewable energy adoption, and future decarbonization pathways. The discussions shown the growing commitment across industries to science-based climate action and supply chain decarbonization.
Looking ahead, RESET Carbon will continue working closely with AmCham Shanghai and industry partners to help companies stay ahead of emerging climate policy trends and turn climate ambition into meaningful action. Learn more about our SBTi Corporate Net-Zero Standard V2.0 Advisory Services.