SCIENCE BASED TARGETS INITIATIVE
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of $11,474,016 against total net assets of $11,820,918. Per the transfer agreement note, the organization has received significant funding from CDP and expects further tranches until 2028, with a contingent asset of $3.5m noted. The trustees have assessed the ability to continue as a going concern without identifying material uncertainties.
What the accounts disclose
“During the period, the Charity paid $1,984,382 amount on behalf of SBTi Services Limited (for staff & contractor costs and other consultancy), at the period end SBTi Services Limited owed $1,273,058 to the Charity.” — page 36
“The Charity paid $427,339 on behalf of SBTi gGmbH (for staff and contractor costs), at the period end SBTi gGmbH owed $427,338 to the Charity.” — page 36
“During the period, the Charity paid $1,984,382 amount on behalf of SBTi Services Limited (for staff & contractor costs and other consultancy), at the period end SBTi Services Limited owed $1,273,058 to the Charity.” — page 36
“The Charity paid $427,339 on behalf of SBTi gGmbH (for staff and contractor costs), at the period end SBTi gGmbH owed $427,338 to the Charity.” — page 36
“During the period, the Charity paid $1,984,382 amount on behalf of SBTi Services Limited (for staff & contractor costs and other consultancy), at the period end SBTi Services Limited owed $1,273,058 to the Charity.” — page 36
“The Charity paid $427,339 on behalf of SBTi gGmbH (for staff and contractor costs), at the period end SBTi gGmbH owed $427,338 to the Charity.” — page 36
What the charity says about itself (2025)
“95% of respondents report a positive reputational impact”
“76% of respondents said that setting science-based targets had a positive impact on investor confidence”
“92% of respondents reported overall neutral or positive impacts of science-based targets on long-term financial performance”
Structured financials (annual return, FY ending 26/12/2024)
Trustees
- Aniruddha Dasgupta
- Anna Elizabeth Turrell
- Arun Kumar Nanda
- FRANCESCO STARACE
- Gonzalo Munoz Abogabir
- Ivan Duque Marquez
- Manuel Pulgar-Vidal
- Maria Mendiluce Villanueva
- Stacey Mitchell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 26/12/2024 | £22.2m | £9.9m |
Common questions
Is SCIENCE BASED TARGETS INITIATIVE financially healthy?
The accounts state that the charity holds unrestricted funds of $11,474,016 against total net assets of $11,820,918. Per the transfer agreement note, the organization has received significant funding from CDP and expects further tranches until 2028, with a contingent asset of $3.5m noted. The trustees have assessed the ability to continue as a going concern without identifying material uncertainties. Its FY2024 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PERMIRA FOUNDATION | 1 | £748k |
| MONTPELIER FOUNDATION LIMITED | 1 | £30k |
| NEWBY TRUST LIMITED | 1 | £10k |
| THE PWC FOUNDATION | 1 | £10k |
| WOODCOCK CHARITABLE TRUST | 1 | £120 |