  The generalization of the two-loop Pinch Technique to the Electroweak Sector
of the Standard Model is presented. We restrict ourselves to the case of
conserved external currents, and provide a detailed analysis of both the
charged and neutral sectors. The crucial ingredient for this construction is
the identification of the parts discarded during the pinching procedure with
well-defined contributions to the Slavnov-Taylor identity satisfied by the
off-shell one-loop gauge-boson vertices; the latter are nested inside the
conventional two-loop self-energies. It is shown by resorting to a set of
powerful identities that the two-loop effective Pinch Technique self-energies
coincide with the corresponding ones computed in the Background Feynman gauge.
The aforementioned identities are derived in the context of the
Batalin-Vilkovisky formalism, a fact which enables the individual treatment of
the self-energies of the photon and the $Z$-boson. Some possible
phenomenological applications are briefly discussed.
