Company Scope 1 emissions performance, by climate commitment type (median annualized change in absolute Scope 1 emissions, 2018-2023)

The GHG emissions of companies with net-zero targets grew more slowly over five years ending in 2023 compared to companies with no targets, at +0.2% versus +4.3% among those without such targets. Companies whose net-zero targets were approved by the Science-Based Target Initiative (SBTi) fell by a median of 0.5% per year.

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Source: MSCI ESG Research, data as of June 30, 2025.