Net Zero · SBTi

Science-Based Targets (SBTi): A 2026 Guide for Manufacturers & Exporters

A climate target only carries weight if it's credible — and today, credibility means science-based. In early 2026 the number of companies with SBTi-validated targets passed 10,000 globally. For manufacturers and exporters, a validated target is fast becoming the price of entry with investors and major EU buyers. Here's how it works.

Wind turbines at sunset — corporate decarbonization and net-zero targets
A science-based target aligns a company's emissions cuts with limiting warming to 1.5°C.

Key takeaways

  • Over 10,000 companies had SBTi-validated targets by early 2026 — and 12,000+ had validated or committed by end of 2025.
  • Companies with both near-term and net-zero goals grew 61% year-on-year in 2025.
  • Near-term targets cover 5–10 years and ≥95% of Scope 1 & 2; if Scope 3 >40% of total, also ≥67% of Scope 3.
  • Net-zero targets must be reached by 2050 (2040 for power) and cover ≥90% of Scope 3 where significant.
  • Not yet mandatory, but investors and EU buyers increasingly treat SBTi validation as a credibility filter.

What is a science-based target?

Quick answer: A science-based target is a corporate emissions-reduction goal aligned with what climate science says is needed to limit global warming to 1.5°C. The Science Based Targets initiative (SBTi) independently validates these targets, giving them credibility with investors, customers and regulators.

Plenty of companies announce vague "net zero by 2050" pledges. A science-based target is different: it's a specific, time-bound reduction pathway, checked by an independent body against climate science. That independent stamp is what turns a marketing claim into something a bank, investor or EU buyer will actually trust.

The number of companies with both near-term climate goals and net-zero targets increased 61% year over year in 2025 — and validated targets passed 10,000 companies globally in early 2026. — Science Based Targets initiative (SBTi)
10,000+companies with SBTi-validated targets (early 2026)
+61%YoY growth in near-term + net-zero setters (2025)
2050net-zero deadline (2040 for power sector)

Near-term vs net-zero targets: the requirements

Quick answer: Near-term targets cover 5–10 years and at least 95% of Scope 1 & 2 emissions; if Scope 3 is more than 40% of your total, you must also cover at least 67% of Scope 3. Net-zero targets extend to 2050 and require at least 90% Scope 3 coverage where Scope 3 is significant.
SBTi coverage requirements. Exact rules depend on your sector and the current standard version — always check the latest SBTi criteria.
RequirementNear-term targetNet-zero target
Time horizon5–10 yearsBy 2050 (2040 power sector)
Scope 1 & 2 coverage≥ 95%≥ 95%
Scope 3 coverage (if >40% of total)≥ 67%≥ 90%
Ambition1.5°C-aligned reductionDeep decarbonization + neutralise residuals
Minimum emissions coverage required by SBTi
Scope 1 & 2 95% Scope 3 (near-term) 67% Scope 3 (net-zero) 90%
Scope 3 targets apply where Scope 3 exceeds 40% of total emissions — which is true for most manufacturers.

Notice the theme: Scope 3 is central. Since it's the majority of most manufacturers' footprint, a credible SBTi target is impossible without a solid Scope 3 inventory first.

The 5-step SBTi process

Quick answer: Commit, develop your targets, submit them to the SBTi for validation, announce them publicly, then disclose progress annually. The whole journey typically takes several months, with target development and validation being the longest stages.
Step 1
Commit
Step 2
Develop targets
Step 3
Submit & validate
Step 4
Announce
Step 5
Disclose yearly

The unglamorous truth: Steps 2 and 3 depend entirely on data quality. A target built on a weak emissions inventory gets rejected in validation. This is why we always start clients with a robust footprint before touching targets.

Net-Zero Standard v2.0 The SBTi has published Version 2.0 of its Corporate Net-Zero Standard, designed to strengthen implementation, sharpen progress tracking, and maximise the business value of decarbonization while keeping scientific rigour. If you're setting or revisiting a target in 2026, build against the latest version.

Why manufacturers should care now

Quick answer: Science-based targets aren't legally mandatory for most companies, but investors, lenders and large EU customers increasingly use SBTi validation as a screening filter. With 10,000+ companies validated, being without one is starting to look like a gap.

Three forces are converging. Investors screen portfolios for credible climate commitments. Lenders tie financing terms to them. And EU buyers under CSRD increasingly favour suppliers with validated targets, because it de-risks their own value-chain reporting. A science-based target is turning from differentiator into baseline expectation.

HM

Hufsa Moonis Mir

Founder & Lead Sustainability Consultant at Sustainability-Frisk. TÜV-certified ISO 14001 auditor, GHG Protocol expert and SEDEX/SMETA assessor, advising global manufacturers and exporters on net-zero strategy, carbon accounting and EU CSRD, CBAM and EUDR compliance.

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Frequently asked questions

What is a science-based target?

A corporate emissions-reduction goal aligned with limiting global warming to 1.5°C, independently validated by the Science Based Targets initiative (SBTi) so it carries credibility with investors, customers and regulators.

What are the near-term requirements?

Near-term targets cover 5–10 years and at least 95% of Scope 1 & 2. If Scope 3 exceeds 40% of total emissions, you must also cover at least 67% of Scope 3.

What is the Corporate Net-Zero Standard?

The SBTi framework for long-term net-zero targets — reached by 2050 (2040 for power), covering at least 90% of Scope 3 where significant. Version 2.0 has been published to strengthen implementation.

Do manufacturers need science-based targets?

Not legally, for most, but increasingly expected. Investors, lenders and EU buyers use SBTi validation as a credibility filter, and 10,000+ companies had validated targets by early 2026.

Sources & further reading

  1. Science Based Targets initiative — official site & standards: sciencebasedtargets.org
  2. SBTi — The Corporate Net-Zero Standard: sciencebasedtargets.org/net-zero
  3. ESG Dive — "Companies with net-zero and near-term climate goals up 61% in 2025: SBTi": esgdive.com
  4. Carbon Credits — "SBTi Hits 10,000 Companies with Validated Targets in 2026": carboncredits.com

Requirements summarised here are indicative and evolve with each standard version. This article is general guidance, not formal advice — always verify against the current SBTi criteria before setting a target.