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Ambitious corporate climate action

Lead the way to a net-zero economy, boost innovation and drive sustainable growth by setting ambitious, science-based emissions reduction targets.

Number of companies with science-based targets increased by 102% during 2023.

The SBTi Monitoring Report 2023 finds science-based targets on the rise, with continued geographic, sector and market capitalization growth.

Science-based targets show businesses how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change.

Why take action?

Through the 2015 Paris Agreement, world governments committed to curbing global temperature rise to well-below 2°C above pre-industrial levels and pursuing efforts to limit warming to 1.5°C. In 2018, the Intergovernmental Panel on Climate Change warned that global warming must not exceed 1.5°C to avoid the catastrophic impacts of climate change.

To achieve this, GHG emissions must halve by 2030 – and drop to net-zero by 2050. As the major source of GHG emissions, the private sector must take action now. Businesses with science-based targets are already cutting emissions at scale; all businesses must now join them.

View the companies taking ambitious climate action

Business setting science-based targets demonstrate the level of ambition possible when it comes to decarbonization.

Over 5,000 businesses across regions and industries have set emissions reduction targets grounded in climate science through the Science Based Targets initiative (SBTi).

5735 with science-based targets
8515 companies taking action
3296 net-zero commitments

About the SBTi

The SBTi defines and promotes best practice in science-based target setting. Offering a range of target-setting resources and guidance, the SBTi independently assesses and approves companies’ targets in line with its strict criteria.

Companies report that adopting a science-based target:

  • Boosts profitability

  • Improves investor confidence
  • Drives innovation
  • Reduces regulatory uncertainty
  • Strengthens brand reputation

Companies with science-based targets are demonstrating that creating a climate-secure world goes hand-in-hand with successful business operations.

"We need bold but credible net-zero plans from companies. If you are a business leader who wants to walk the talk, I encourage you to align your company's climate strategy with what is required by science.” Mads Nipper CEO, Ørsted,

Join the world’s biggest companies by cutting your GHG emissions

Commit Submit a letter establishing your intent to set a science-based target
Develop Work on an emissions reduction target in line with the SBTi’s criteria
Submit Present your target to the SBTi for official validation
Communicate Announce your target and inform your stakeholders
Disclose Report company-wide emissions and progress against targets on an annual basis