SBTi Trend Tracker 2025: Climate action increasingly shifting toward Asia and emerging markets.
Corporate science-based target-setting is stronger than ever in scale; sustained across regions and sectors. Companies worldwide are positioning themselves for transformation that strengthens resilience, stability, and long-term competitiveness:
Company coverage continues to scale
By the end of 2025, 9,764 companies had validated science-based targets. The total number of companies with validated near-term targets increased 40% in 2025 compared to the previous year (6,954 to 9,764), while the total number of companies with validated net-zero targets rose by 61% (1,441 to 2,325). The sustained momentum in target-setting underscores how central climate goals have become to corporate strategy worldwide.
Asia is a major driver of growth
China, Taiwan, Province of China (hereafter referred to as Taiwan), Japan and India led on proportional growth of companies setting science-based targets among high penetration markets (1) Indonesia, Pakistan, Singapore, Thailand and the Republic of Korea (hereafter referred to as South Korea) were all in the top 10 low penetration markets (2) for proportional growth in the number of companies with validated targets. Rapid growth in this region signals that corporate climate ambition is expanding beyond Europe, with the frontier of climate action increasingly shifting toward Asia and emerging markets.
Fast growth in key sectors
Health Care, Information Technology, and Materials were the fastest growing sectors, proportionally, for science-based targets in 2025.
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(1) Corresponds to those territories with at least 100 companies with targets at the end of 2024.(2) Corresponds to those territories with between 10 and 99 companies with targets at the end of 2024.
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SBTi - Science Based Targets initiative
