Number of companies with SBTi targets reaches 5,500
Last year, the number of companies with SBTi targets had already doubled, reaching 4,204.
The number of companies and financial institutions with SBTi-validated climate targets has now hit 5,500, as the de facto standard-setter continues to formalise its processes and governance.
The Science-Based Targets Initiative (SBTi) says demand for its services has risen consistently, and almost 1,300 firms got their targets validated in the first half of 2024. Last year, the number of companies with SBTi targets already doubled from 2022, reaching 4,204.
