Net Zero Stocktake 2025

The Net Zero Stocktake 2025 finds that while the number of net zero targets continues to rise across companies, cities, and regions, the integrity of these commitments remains low. As of September 2025, 1,935 entities have targets, including 137 national governments and 63% of the Forbes Global 2000. However, only a small fraction of companies, regions, and cities meet all minimum integrity requirements. The report also highlights a gap in planning, with nearly one-third of Forbes Global 2000 companies lacking a clear roadmap, and expresses concern over the lack of dedicated targets for nature-based carbon removals.

• The number of entities with net zero or similar targets has increased significantly from 769 in December 2020 to at least 1,935 by September 2025. This growth includes 137 countries, 216 states and regions, 337 cities, and 1,245 companies.
• Target integrity remains very low, with only 7% of companies, 6.5% of regions, and 4% of cities meeting all minimum procedural and substantive integrity requirements, referred to as the 'starting line'.
• There is a significant gap between target setting and actual planning; 385 of the 1,245 Forbes Global 2000 companies with net zero targets lack a clear roadmap. G7 and G20 countries both show planning gaps of 33%.
• The U.S. federal government's withdrawal from its commitment reduced global net zero GDP coverage from 93% to 77%, although 19 U.S. states remain committed, which brings global coverage back up to 83% of GDP.
• Corporate integration of nature into climate commitments lacks transparency; while approximately one-third of companies intend to use nature-based carbon removals, only 4% have set dedicated removal targets.

APA

Net Zero Tracker (2025). Net Zero Stocktake 2025. https://zerotracker.net/analysis/net-zero-stocktake-2025

Chicago

Net Zero Tracker. Net Zero Stocktake 2025. 2025. https://zerotracker.net/analysis/net-zero-stocktake-2025.

Wikipedia

{{cite report |author=Net Zero Tracker |title=Net Zero Stocktake 2025 |date=23 September 2025 |url=https://zerotracker.net/analysis/net-zero-stocktake-2025 |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{netzerotracker2025net, author = {{Net Zero Tracker}}, title = {{Net Zero Stocktake 2025}}, institution = {Net Zero Tracker}, year = {2025}, month = sep, url = {https://zerotracker.net/analysis/net-zero-stocktake-2025}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }