Setting Science-Based Targets (SBTi) is now a key expectation for large enterprises. Investors, regulators, and stakeholders increasingly scrutinize climate commitments, demanding transparency, credibility, and measurable progress. Yet many organizations struggle to translate these commitments into actionable strategies.

Spain’s Real Decreto (Royal Decree) 214/2025 is set to start on June 12, 2025, strengthening climate regulations through emissions tracking, reporting, and transparency. Carbon footprints and emission reduction plans will now be mandatory for large companies and public entities.

The Partnership for Carbon Accounting Financials (PCAF) now includes over 600 financial institutions worldwide. The group continues to drive transparency and consistency in financed emissions reporting.