The Science Based Targets initiative (SBTi) mobilizes the private sector to take urgent climate action. By guiding companies in science-based target setting, the SBTi enables companies to tackle climate change while seizing the benefits of and boosting their competitiveness in the transition to a net-zero economy. SBTi is defining a science-based standard for net-zero target setting to ensure that companies’ targets translate into action consistent with achieving a net-zero world by no later than 2050.