Our Q2 Transition Finance Tracker is now available. The latest edition of our quarterly report features charts and analysis covering six themes — emissions, physical risk, targets, disclosure, financial flows and the transition — drawing on data from MSCI and others.
Here are 10 numbers that capture the state of transition finance at the end of Q2. They offer a snapshot of the shift to a low-carbon economy and, we hope, a compelling reason to explore the full report.
Explore our Transition Finance Tracker
32%
Estimated share of the 57.1 gigatons in annual global greenhouse gas emissions attributable to listed companies and their investable unlisted counterparts.
12
Number of additional days of dangerous heat that New York City could face annually by 2050 if average global temperatures were to climb 3°C (5.4°F) above preindustrial levels, a 15% increase from current levels.
18.5%
Share of listed companies that have a climate target approved by the Science Based Targets initiative as of June 30, 2025, an increase of 6.2 percentage points from a year earlier.
-0.5%
Median annualized change in absolute Scope 1 emissions of companies with an SBTi-approved net-zero target between 2018 and 2023, compared with an increase of 4.3% in Scope 1 emissions for companies without a net-zero target.
53%
Share of listed companies that disclosed at least some category of the emissions from their value chain (Scope 3), as of Dec. 31, 2023 (the latest year for which completely collected and vetted reporting is available), an increase of 1 percentage point from a year earlier.
65.7
USD billion in green bonds issued by corporate and sovereign issuers in the three months ended June 30, 2025, the lowest quarterly total in nearly five years.
60
The percentage of public climate-themed funds globally that are based in Europe. A majority of their assets are invested elsewhere.
42
Million metric tonnes of C02e from carbon credits retired by companies in the second quarter of 2025, marking the highest first-half retirement volume on record.
2.7°C
Projected warming above preindustrial levels this century by the world’s listed companies, based on their aggregate emissions, sector-specific carbon budgets and climate targets as of June 30, 2025.
1.7°C
Projected warming above preindustrial levels this century by South Korea, based on the country’s estimated Scope 1 emissions trajectory relative to its fair-share carbon budget, as of June 30, 2025. South Korea has the lowest warming trajectory in the G20, highlighting the global challenge in keeping the rise in average temperatures within the 1.5°C threshold envisioned by the Paris Agreement.