The number of businesses setting SBTi targets has increased
A growing number of organisations are setting carbon emissions reduction targets with the Science Based Targets initiative (SBTi). The SBTi have released their latest SBTi Trend Tracker13, which found that the amount of businesses that are setting verified near-term SBTi targets was 97% higher in Q2 2025, compared to in Q4 2023. So far, this brings the total of companies that have emissions reduction targets validated by the SBTi to 8,715, with the sharp increase showing that more businesses are committed to limiting their carbon emissions.
The SBTi is currently in the process of updating their Net Zero Standard, to support more businesses in setting emissions reduction targets. If you’d like to find out more about SBTi’s development of the Corporate Net Zero Standard V2, visit here14. If you’re interested in our own SBTi targets here at Bryt Energy, you can find out more here.
Brazil implores countries to submit their carbon-cutting proposals ahead of COP30
While more businesses are setting targets to limit their emissions through the SBTi, on a global level, COP30 host Brazil has issued a call for countries to submit their plans for cutting their emissions, known as Nationally Determined Contributions (NDCs), to the UN15. Fewer than 30 countries so far have submitted their plans ahead of the submission deadline later this month, with some of the largest emitters, such as China and the European Union (EU), yet to submit their NDCs.
Brazilian diplomat André Corrêa do Lago urged governments to submit their NDCs, and warned them that if their targets were not ambitious enough, further action would need to be taken during the next international climate summit, COP30, in November.
Later this year, we’ll be providing an update on the outcomes from COP30, with a particular focus on its impacts on the energy industry and renewable energy targets.