TRANSITIONZERO
TransitionZero is a climate data NGO with a mission to map the path to net zero with satellite imagery and machine learning. We educate stakeholders including financial regulators, policymakers and institutional investors using the data insights achieved through our machine learning model. Our centre of operations is in the UK, however our model tracks emissions worldwide.
Objects
THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT:2.1 THE PROMOTION OF CONSERVATION, PROTECTION AND IMPROVEMENT OF THE ENVIRONMENT, IN PARTICULAR (BUT NOT LIMITED TO), BY PROMOTING THE REDUCTION OF CARBON EMISSIONS AND THE IMPROVEMENT OF AIR QUALITY; AND2.2 THE ADVANCEMENT OF EDUCATION AND PROMOTION OF RESEARCH INTO ENVIRONMENTAL PROTECTION AND SUSTAINABLE DEVELOPMENT IN SUBJECTS INCLUDING BUT NOT LIMITED TO CLEAN ENERGY, AIR POLLUTION, RENEWABLE TECHNOLOGIES AND SUSTAINABLE FINANCE.FOR THE PURPOSES OF THIS ARTICLE 2, "SUSTAINABLE DEVELOPMENT" MEANS DEVELOPMENT WHICH MEETS THE NEEDS OF THE PRESENT WITHOUT COMPROMISING THE ABILITY OF FUTURE GENERATIONS TO MEET THEIR OWN NEEDS.
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves stood at £1,349,188, which the trustees confirm is above their stated policy target of maintaining three months of funding reserves. The charity reported a net income surplus of £242,701 for the year, supported by £5,125,287 in grant income, while total expenditure was £5,055,355.
What the accounts disclose
“170,001– 180,000 1 1” — page 29
“Principal sources of funding were from Quadrature Climate Foundation; ClimateWorks Foundation via Bloomberg Philanthropies; Sequoia Climate Foundation; Banyan Software Foundation; Google.org; WattTime Corporation via the Climate TRACE coalition; European Climate Foundation; Client Earth; and Tara Climate Foundation.” — page 13
“Our Board of Trustees mandates that we must have at least 3 months funding reserves at all times to support financially sustainable decision making when it comes to taking on new projects, hires and growth of the organisation.” — page 14
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Employees paid over £60,000: 25 (£60,001–£70,000: 5; £70,001–£80,000: 8; £80,001–£90,000: 4; £90,001–£100,000: 4; £100,001–£110,000: 2; £120,001–£130,000: 1; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 27 (£60,001–£70,000: 10; £70,001–£80,000: 6; £80,001–£90,000: 3; £90,001–£100,000: 7; £150,001–£200,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2024
- Employees paid over £60,000: 8 (£60,001–£70,000: 1; £70,001–£80,000: 3; £90,001–£100,000: 2; £110,001–£120,000: 1; £150,001–£200,000: 1)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Fiona Louise Howarthchair
- Endre Olsvik Elvestad
- Geoffrey Sinclair
- Matthew Christopher Gray
- Udit Gandhi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £5.3m | £5.1m |
| 31/03/2025 | £4.8m | £4.4m |
| 31/03/2024 | £3.1m | £2.9m |
| 31/03/2023 | £2.0m | £1.9m |
| 30/03/2022 | £2.5m | £1.6m |
Common questions
Is TRANSITIONZERO financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves stood at £1,349,188, which the trustees confirm is above their stated policy target of maintaining three months of funding reserves. The charity reported a net income surplus of £242,701 for the year, supported by £5,125,287 in grant income, while total expenditure was £5,055,355. Its FY2026 accounts were audited by Crowe U.K. LLP.
What does the highest-paid employee of TRANSITIONZERO earn?
Per its FY2026 accounts, the highest-paid employee was in the 170,001– 180,000 band.
Who funds TRANSITIONZERO?
Funders whose own accounts filings name TRANSITIONZERO as a grant recipient include Quadrature Charitable Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Quadrature Charitable Foundation | FY2023 | £9.5m | |
| Quadrature Charitable Foundation | FY2022 | £1.4m | |
| Quadrature Charitable Foundation | FY2021 | £1.3m | |
| Quadrature Charitable Foundation | FY2024 | amount not stated |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRANSITION NETWORK | 2 | £5k |
| MONTPELIER FOUNDATION LIMITED | 1 | £30k |
| NEWBY TRUST LIMITED | 1 | £10k |
| WOODCOCK CHARITABLE TRUST | 1 | £5k |
Charities like this
- TRANSITION NETWORK
- TRANSITION WILMSLOW
- ZERO CARBON GUILDFORD
- ZERO IDEAS
- CLIMATE RESPONSE LIMITED
- The Global Returns Project Limited
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TRANSITIONZERO | £5.3m | 170,001– 180,000 | — | above | — | no doubt |
| TRANSITION NETWORK | £1.0m | Under £60,000 | 0 | above | — | no doubt |
| TRANSITION WILMSLOW | £49k | — | 0 | unclear | — | no doubt |
| ZERO CARBON GUILDFORD | £363k | — | 0 | within | — | no doubt |
| ZERO IDEAS | £32k | — | 0 | unclear | — | no doubt |
| CLIMATE RESPONSE LIMITED | £545k | — | 0 | unclear | — | no doubt |