893 Companies Have Withdrawn From the Global Climate Initiative

Nearly 900 companies – including several large international corporations – have withdrawn from the Science Based Targets Initiative (SBTi). This initiative requires members to set scientifically validated climate targets in order to align their emissions goals with international standards. However, more and more companies are questioning the feasibility of these requirements. The withdrawal affects approximately seven percent of all participating companies.

Many decision-makers do not see this as a lack of responsibility, but rather as a return to economic rationality. Political climate policies that ignore technical and financial limitations jeopardize long-term economic viability and weaken the competitiveness of entire industries.

Corporate withdrawal as a signal to policymakers

In Switzerland, approximately 280 companies are currently registered with the SBTi (Science Based Targets initiative), but twelve have ended their commitments. While some continue to work towards their climate goals, others are prioritizing operational stability and profitability. Excessive regulations often lead to higher costs, stagnant investments, and declining competitiveness. The withdrawal is therefore seen as a strategic decision – a move away from symbolic politics and towards market-oriented action.