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Companies that have set net zero targets

By Grace Melville
5th February 2021

The nuances of climate targets will differ between companies and industries, however one fact remains true regardless, it is only the targets which align ambition with a credible strategy that will deliver impact.

In the last few years net zero has become the guiding principle for action on climate change. The simplicity of this phrase is seen by many as a helpful antidote to the complexity of communicating climate science, while others view it as being riddled with loopholes. On October 28th, the Science-Based Targets initiative (SBTi) launched the Net Zero Standard that  redefines what a credible net zero target looks like and clarifies the key role of decarbonisation in corporate net-zero strategies.

You can download a full guide that answers questions like the difference between carbon neutral and net zero, the role of offsets and what a reasonable timeline looks like here. 

Below is a list of companies whose net zero targets have been independently validated by the SBTi:

Company Name Net-Zero Year
A.G. Barr plc FY2050
A/S Vestfrost 2050
AECOM 2040
American Axle & Manufacturing, Inc. 2040
AstraZeneca FY2045
AVEVA Group FY2050
Balsam laboratory (Shanghai) Co., Ltd 2050
Balwin Properties 2050
BELFOR (UK) Limited 2050
Borregaard AS 2050
Boston Scientific Corporation 2050
Brundtland Consulting 2050
Burberry Limited FY2040
Camper S.L. 2050
Capgemini SE 2040
Checkerspot, Inc. 2050
Choice Properties REIT 2050
Cisco Systems, Inc. FY2040
Colgate Palmolive Company 2040
Construction Marine Ltd 2050
Cushman & Wakefield 2050
CVS Health 2050
d-fine 2045
Daiwa House REIT Investment Corporation 2050
Danieli Group FY2050
Dentsu International 2040
Domino’s Pizza Group plc 2050
Echosens SA 2050
Elopak AS 2050
Etsy, Inc. 2040
Forvia 2045
Grosvenor Property UK 2040
Grundfos Holding A/S 2050
H&M Group FY2040
Hellenic Cables 2050
Hewlett Packard Enterprise Company FY2040
Holcim Ltd. 2050
Iberdrola SA 2039
Icade 2050
Illumina, Inc. 2050
Jacobs 2040
JLL 2040
Kearney 2050
Kirin Holdings Co Ltd 2050
Klöckner & Co 2050
L. Priebs GmbH & Co. KG 2050
Leverage Limited 2050
Mediaset España Comunicación S.A. 2050
Milliken & Company 2050
Moody’s Corporation 2040
MVV Energie AG 2040
N. V. Eneco 2035
Nasdaq, Inc. 2050
NovaTech Automation 2050
Novozymes A/S 2050
O’right 2050
Orkla ASA 2045
Oxwash Ltd 2050
Philip Morris International 2040
Pihl Holding A/S 2050
Pinsent Masons LLP FY2040
Pip & Nut 2050
Posti Group Ltd. 2040
Proximus 2040
Proyecta Spa
Publicis Groupe 2040
Q-lite 2050
Qinetiq FY2050
Railpool 2050
Red Glead Discovery AB 2045
REMA 1000 NORGE AS 2050
Rexel 2050
Schindler Group 2040
Schneider Electric 2050
Scott Logic Limited 2040
Seismic Change Sustainability Limited 2050
Signal Agency Ltd 2035
Slaughter and May 2040
Sodexo Limited FY2045
Softcat plc FY2040
Sony Group Corporation FY2040
Specialist Lines Ltd 2050
Starboard, Airush & SOMWR 2050
T-Mobile USA, Inc. 2040
Taziker Industrial Ltd 2050
TDC NET A/S 2030
Tele2 AB 2035
Thermoplan AG 2050
Third Rock Finland Oy 2050
TLT LLP 2040
Trane Technologies Plc. 2050
Uhuru Corporation
Veidekke ASA 2045
Vextrix 2050
Wipro FY2040
WSP Global Inc. 2040
XELS Japan Co Ltd 2040
Zen Internet Ltd FY2040
Ørsted 2040


What you can do next

The SBTi Net-Zero Standard provides an important tool to help corporates adopt the deep-decarbonisation route that not only tackles climate change but also reaps the commercial benefits of more resilient supply chains, better risk management, increased customer loyalty, and talent attraction.

Carbon Intelligence is the UK’s leading science-based targets consultancy and our provide advice on various net zero frameworks. If you are looking for help setting a net zero target or a creating a credible plan to get there please get in touch at [email protected]


Further resources

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