Science Based Targets Initiative (SBTi)+Image
Net zero status
What is the status of the company's net-zero commitment or target with the SBTi?
24658516
Researched

About the data

The Science Based Targets initiative (SBTi) Target Dashboard tracks companies and financial institutions that have made commitments or had science-based targets validated by SBTi Services. The dataset covers 15,000+ organisations globally across all sectors and organisation types — including corporates, SMEs, and financial institutions — recording their near-term target status, long-term target status, net-zero status, target classification, and target years. The dashboard is updated every Thursday, with commitment removals taking place once a month, ordinarily on the first Thursday of the month. More information can be found here.
This metric records a company's current standing with the Science Based Targets initiative in relation to its net-zero commitment or validated target. Net-zero targets fall under the SBTi's Corporate Net-Zero Standard and require companies to reduce at least 90% of their emissions by 2050 at the latest, with any remaining emissions neutralised through permanent carbon removal solutions.

The possible values for this metric are:

Targets Set — the company has had its net-zero science-based target reviewed and validated by SBTi Services in line with the Corporate Net-Zero Standard.

Committed — the company has made a formal expression of intent to develop a net-zero target and submit it for validation within 24 months of the date of submission. A committed organisation does not yet have a validated net-zero target.

Commitment Removed — the company submitted a net-zero commitment but failed to submit a validated target within the required 24-month window, or had its commitment removed in accordance with the SBTi Services Commitment Compliance Policy.

No Target — the company has no current net-zero commitment or validated net-zero target on record with the SBTi.
Topics
Framework Mappings
Value Type
Category
Options
Targets set
Committed
Commitment removed
No target
Assessment
Steward Assessed