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Under the All-Electric Building Act, from 2026, new buildings under seven stories won’t be allowed to include stoves, furnaces or water heaters that burn gas or other fossil fuels, with larger buildings required to comply from 2029.
SBTi is a partnership between the UN Global Compact, CDP, World Resources Institute and World Wide Fund for Nature. These targets have a base year of FY 2018/19, near-term target year of FY 2029/30, and net-zero target year of FY 2049/50. and net-zero through the Business Ambition for 1.5C
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