SBTi Trend Tracker 2025
Drawing on our latest data (Jan. 2024 - Jun. 2025), the SBTi Trend Tracker monitors the adoption of science-based targets and commitments across regions and sectors - offering up-to-date insight into how businesses worldwide are aligning with climate science and accelerating the net-zero transition.
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Cause for climate action optimism: global growth of companies with validated targets and active commitments
By mid-2025, nearly 11,000 companies had validated science-based targets or had committed to set them. Compared to the end of 2023, the number of companies with validated near-term targets increased by 97%, while companies with both near-term and net-zero targets surged by 227% across the reporting period. The SBTi observed growth across both near-term and net-zero targets, highlighting a powerful and accelerating momentum in climate ambition. The number of companies with active commitments has shown little variation between 2023 and 2025 while the number of companies with validated near-term and net-zero targets are increasing – demonstrating a strong and consistent conversion rate.
Rising ambition: net-zero targets are increasingly the choice for corporates
Alongside growth in total corporates with targets, an increasing number of corporates are setting net-zero targets, signalling a clear rise in ambition. Across the whole of 2023, 17% of all corporates with validated science-based targets had net-zero goals; across the whole of 2024, this share had nearly doubled to 33%. By mid-2025, over 1,400 corporates had set net-zero targets, representing 38% of all corporates with targets.
Global spread cements: Asia and LATAM top the leaderboard for regional growth
Asia saw the highest proportional growth in companies setting science-based targets - up 134%. Latin America and the Caribbean followed, nearly doubling their total. While Europe and Northern America still lead in total numbers, the sharp growth in emerging economies signals a global surge in corporate climate ambition beyond early adopters.
Asia powers ahead: supercharging climate target adoption
Japan continues to lead in the total number of companies with validated targets, with 1,731 at the end of Q2 2025, but China saw the fastest growth at 228% between 2023 and Q2 2025. In Asia, Thailand and the Republic of Korea also surged. Norway, Poland, the Netherlands and Portugal led European growth, while Mexico topped LATAM. Asia-Pacific is driving global momentum, with emerging economies accelerating fastest as net-zero becomes a competitive advantage.
Sector ambition leaders: Industrials, Consumer Goods, and Materials
Diving into sector trends - industrials, covering manufacturers and distributors of capital goods, led all sectors in the number of companies setting science-based targets, accounting for nearly one-third of the global total. Over 50% of the industrials sector’s total targets were set during 2024 and the first half of 2025.
Consumer Discretionary, encompassing automobiles and autoparts manufacturers, and household durable goods, leisure products, and textiles and apparel producers, and Materials, encompassing companies engaged in the discovery, development, and processing of raw materials, remained the next largest sectors by total number of companies with targets.
An authority in the corporate sustainability space
The SBTi covers an increasing amount of the global market cap and global revenue.
