Companies taking action
The world is transitioning to a zero-carbon economy. More than 4,000 businesses and financial institutions are working with the Science Based Targets initiative (SBTi) to reduce their emissions in line with climate science. Find out more their targets and commitments.
View the companies committing to ambitious climate action
The SBTi’s target dashboard shows science-based targets set and commitments made by companies and financial institutions since 2015.
It provides details of all organizations that are working to reduce their emissions by setting science-based targets. This includes the ‘target wording’: Details of the specific emissions reductions organizations must make that have been independently assessed and validated as science-based by the SBTi. A more detailed data set is available to download in .xls format.
Understanding the dashboard
Targets are clearly-defined pathways for companies and financial institutions to reduce greenhouse gas (GHG) emissions, which have been validated by the SBTi. Details of an organization’s target can be viewed by expanding the rows below.
Commitments demonstrate organizations’ intention to develop targets and submit these for validation within 24 months. They are indicated by the word ‘committed’ in the dashboard. Making a commitment is the first step in setting a science-based target; organizations with the word ‘committed’ have not yet set a target.
Near-term targets outline how organizations will reduce their emissions 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 prerequisite for companies wishing to set net-zero targets.
Long-term targets indicate the degree of emission reductions organizations need to reach in order 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.
Net-zero targets encompass both near and long-term targets. Companies with net-zero targets have both near- and long-term targets validated by the SBTi.
Temperature alignment indicates the degree of global temperature increase compared to preindustrial levels targets are aligned to, in line with the goals of the Paris Agreement
Please note: temperature alignment is only provided for companies' scope 1 and 2 targets and not scope 3. This is with the exception of 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.
Improving the dashboard
We’re developing a plan for ongoing improvements to the dashboard and data set, which we will be rolling out in 2022. To find out more about our plans and timeline, sign up to our newsletter.
Resolving errors or gaps in the data
You can report an error or gap in our data set to our team using this form.
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
