The Science Based Targets initiative (SBTi) drives ambitious climate action by mobilising companies to set science-based targets (SBTs), GHG reduction targets that are aligned with what climate science tells us is required to meet the goals of the Paris Agreement.
Since its launch in 2015, the SBTi has made significant progress against its goal of making a science-based target setting standard business practice. As of 31 October 2019, 686 companies have publicly joined the SBTi and 285 of these have had their targets officially approved. Notably, the pace at which companies join the initiative has doubled over the past 18 months.
The growing momentum is even more pronounced in the number of companies that have had their targets approved by the SBTi, driven by companies turning their commitments into approved targets.
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