Procurement Magazine March W1 2026 | Page 79

SUSTAINABILITY
Procurement teams are working more closely with engineering, operations and finance to ensure decarbonisation efforts align with commercial realities rather than sitting in parallel to them.
The path forward But the goal posts are moving. In November, the Science Based Targets initiative( SBTi) consulted on its revised Corporate Net-Zero Standard, releasing a second draft shaped by feedback from the initial round and further input from technical working groups.
The update seeks to strengthen scientific accuracy while making the framework clearer and more usable for organisations navigating decarbonisation.
The purpose behind the revision is straightforward: to make it easier for companies to translate climate ambition into credible emissions reductions at speed.
The revised Corporate Net-Zero Standard offers a streamlined structure that guides organisations in setting netzero targets in a way that is consistent, actionable and scalable. Rather than treating net zero as a distant goal, businesses are expected to embed it as a strategic direction, aligning operational and value chain activities with long-term climate goals. These plans must be supported by publicly disclosed transition strategies.
In the delivery decade for net zero, procurement’ s role is clear. The organisations that succeed will be those that move decisively from policy to purchase order, turning ambition into action across the supply chain.
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