The number of companies setting both near-term and net-zero science-based climate targets has soared by 227% in just 18 months, according to the latest report from the Science-Based Targets initiative (SBTi). This surge reflects a significant increase in corporate commitment to science-based climate targets and a growing global recognition of the need for urgent climate action.
The trend is particularly pronounced in Asia, where companies are increasingly adopting science-based targets to align with global climate goals. Key industries are also leading the way, setting ambitious targets to reduce greenhouse gas emissions and contribute to global efforts to combat climate change.