Firms with validated science-based targets now at 10k
They represent more than 40% of global market capitalisation.
Globally, there are now 10,000 companies with science-based targets validated by the Science-Based Targets initiative (SBTi).
"Reaching 10,000 validated companies is a significant milestone – for the companies involved, and for corporate climate action more broadly," said SBTi CEO David Kennedy.
"Companies are setting science-based targets because they recognise the strategic, reputational, and financial benefits of net-zero business transformation."
According to the SBTi, the 10,000 businesses collectively represent over 40% of global market capitalisation. In terms of country representation, leading the pack are Japan (with more than 2,000), the UK, the US, and China.
In 2025, nearly 3,000 companies were validated, contributing to the 10,000 total reached at the start of 2026.
"This milestone reflects a growing commitment by companies to set credible, accountable targets, and we look forward to supporting many more as this transition continues," Kennedy added.
Congratulating the corporate climate action initiative, Lenovo Senior Engineer and Net Zero Lead Ada Chávez commented: "This milestone reinforces the value of the net-zero standard in creating a clear, credible pathway for organisations to communicate and build trust with stakeholders.
"As an early advocate and member of the first group of companies to receive validation for our net-zero targets, we celebrate the collaborative efforts of the SBTi and all companies aligning to the latest climate science."