State of Nature and Climate 2025

Of the five dimensions assessed (disclosure, target setting, governance, strategy and progress), companies are showing the most advancement in their disclosures, with 93% of companies reporting on at least Scopes 1 and 2 emissions. Important gaps remain on disclosure of Scope 3 emissions, with only 55% of companies disclosing the full emissions of their value chain, including their most important Scope 3 categories covering supply chain buying and the product use phase, which consists of the bulk of impacts. Figure 3 Company emission disclosures Figure 4 Company nature disclosures 93% 55% 0%50%100% Reporting on Scope 1 & 2 emissions Reporting on Scope 1, 2 & 3 emissions Disclosures on nature remain limited. Water is a material issue for 75% of assessed companies across industries, yet only 48% disclose data. Similarly, while forests are a material topic for 28%, only 13% of companies provide disclosures against their forest-related practices. Of the companies with nature-related disclosures, 22% of companies have reported progress against their water targets, and 15% on their forest targets.On governance and incentives, 90% of companies have board- level oversight on climate issues, with 59% of companies having set up monetary incentive schemes for their management to meet climate-related targets. In addition, over a quarter (27%) of companies have set an internal carbon price, with an average price of $70 per ton.75% 48% 28% 13% 0%10%20%30%40%50%60%70%80% Water Forests % of companies where water / forests are material % of companies that disclose data / practices on material issues Figure 5a % of companies with an internal carbon price 27% 28%32% 15%33% 28%35% 0%20%40% Total Asia (including Middle East)Europe North America Africa Oceania Latin America Figure 5b Mean average carbon price per ton (USD) 70 6193.9 65.5 18.252.6 40.3 0102030405060708090100 Total Asia (including Middle East)Europe North America Africa Oceania Latin America