How we are funded
The SBTi is committed to transparency regarding our funding. Learn more about how we are funded below.
Annual Report and Accounts
The Science Based Targets initiative is registered in England and Wales as a charity (1205768) and a limited company (14960097) is registered as a charity with the Charity Commission for England and Wales (1205768).
We file our annual reports and accounts with Companies House and the Charity Commission for England and Wales, in line with our statutory reporting requirements. Our latest Group Annual Report and Accounts can be read below.
Funding
The SBTi receives three different types of income:
- Core funding
- Project-specific funding for specific time-limited projects to develop new sector guidance or update specific standards
- Validation service fees*
*These fees are charged by the SBTi’s wholly owned subsidiary SBTi Services Limited, which delivers validation services to companies in respect of SBTi’s standards.
In the 12 months to the end of December 2025:
- 23.6% of income was from core funding
- 74.6% of income was from validation service fees
- 1.8% of income was from project-specific funding
| Sources of income | Amounts in 000/USD | % |
| Core funding | 7,813 | 23.6% |
| Validation service fees | 24,693 | 74.6% |
| Project-specific funding | 602 | 1.8% |
| Total | 33,108 | 100% |
Avoiding conflicts of interest
Income we receive from companies, whether as funding or validation fees to SBTi Services Limited, has no influence on decisions surrounding their targets. Read more in our conflict of interest policy.
How you can support us
Funders help ensure science-based climate action is embedded within many of the highest emitting sectors, which have the biggest potential to help prevent catastrophic levels of global heating.
If you would like to discuss opportunities to expand science-based targets across sectors, contact info@sciencebasedtargets.org
Our funders
- Laudes Foundation: Project-specific
- The Gordon and Betty Moore Foundation: Project-specific
Past funders
- Arc: Project-specific
- Amazon: Core
- Arcelor Mittal: Project-specific
- Bezos Earth Fund: Core
- IKEA Foundation: Core
- Hewlett: Project-specific
- Bloomberg Philanthropies: Project-specific
- Danone: Project-specific
- IKEA Supply AG: Project-specific
- Lafarge Holcim: Project-specific
- Moore Foundation - Project-specific
- Rockefeller Brothers Fund: Project-specific
- UPS Foundation: Project-specific
