Companies taking action
Thousands of businesses are working to reduce their emissions in line with climate science through science-based targets. Find out more their targets and commitments below.
The SBTi’s target dashboard shows companies and financial institutions that have set science-based targets, or have committed to developing targets.
Updated every Thursday, the dashboard includes high-level information about each organization’s targets or commitments. A more detailed .xlsx data file is also available to download.
Understanding the dashboard
Targets are clearly-defined, science-based pathways for companies and financial institutions to reduce greenhouse gas (GHG) emissions, which have been reviewed and validated by the SBTi. Details of an organization’s target can be viewed by expanding the rows below, or downloading the data file. Organizations with targets are identified with temperature alignments and dates in the dashboard’s ‘Target’ columns.
Commitments demonstrate an organization’s intention to develop targets and submit these for validation within 24 months. They are indicated by the word ‘committed’ in the dashboard. These organizations do not yet have validated science-based targets. From March 2nd 2023, organizations that fail to submit targets within 24 months of their commitment will be identified in the dashboard as ‘Commitment removed’.
Near-term targets outline how organizations will reduce their emissions, usually over the next 5-10 years. These targets galvanize the action required for significant emissions reductions to be achieved by 2030. Near-term targets are also a requirement for companies wishing to set net-zero targets.
Long-term targets indicate the degree of emission reductions organizations need to achieve net-zero according to the SBTi’s Corporate Net-Zero Standard criteria. These targets must be achieved no later than 2050 (or 2040 for the power sector). Long-term targets are developed by companies wishing to set net-zero targets under the Corporate Net-Zero Standard.
Temperature alignment indicates the degree of global temperature increase compared to preindustrial levels companies are aligned with, based on their scope 1 and 2 targets, in line with the goals of the Paris Agreement. Temperature alignment is identified in the dashboard with one of the following values: 1.5°C, well-below 2°C, and 2°C.
Please note: Temperature alignment is only provided for most companies' scope 1 and 2 targets. The exception is auto manufacturers, which also have scope 3 category 11 temperature alignment. You can find out more here.
You can find answers to common questions about the dashboard and data in our FAQs below.
Our new commitment compliance policy
On January 31 2023, our new policy covering commitments came into effect. It specifies that companies that do not submit targets within 24 months of their commitment will be identified in the dashboard as ‘Commitment removed’. Companies that were unable to fulfil their commitment before this policy came into force where given the option to have their commitments removed from the dashboard without being identified. You can download a snapshot of the data before these commitments were removed here.
Improving the dashboard
We’re working to improve the dashboard and data download. To find out more about our plans and timelines, sign up to our newsletter.
Resolving errors or gaps in the data
Our Companies Taking Action table no longer supports ie11.
Download
the XLS data
here
Frequently asked questions
We believe the private sector has a vital role to play in the transition to a zero-carbon economy. That's why we updated our target with the SBTi and have aligned our ambition – across our whole value chain – with a 1.5C world. Kristina Kloberdanz Chief Sustainability Officer, Mastercard
