In 2023, the number of companies and financial institutions with approved science-based emission reduction targets and commitments more than doubled from 2022, to 4,205 worldwide. The largest share of companies with approved science-based targets and commitments belong to the services sector.
Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023
The Science Based Targets initiative (SBTi) is the global body that helps companies set emissions reduction targets in line with climate science and Paris Agreement goals.
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Science Based Targets initiative. (June 27, 2024). Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023 [Graph]. In Statista. Retrieved June 08, 2025, from https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/
Science Based Targets initiative. "Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023." Chart. June 27, 2024. Statista. Accessed June 08, 2025. https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/
Science Based Targets initiative. (2024). Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023. Statista. Statista Inc.. Accessed: June 08, 2025. https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/
Science Based Targets initiative. "Cumulative Number of Companies with Science-based Approved Targets and Commitments Worldwide from 2015 to 2023." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/
Science Based Targets initiative, Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023 Statista, https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/ (last visited June 08, 2025)
Cumulative number of companies with science-based approved targets and commitments worldwide from 2015 to 2023 [Graph], Science Based Targets initiative, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1400271/number-of-companies-with-science-based-targets-and-commitments-worldwide/
