How We’re Funded

Core funding for the Science Based Targets initiative is provided by IKEA Foundation, We Mean Business, The Rockefeller Brothers Fund and The UPS Foundation.

Beginning in October 2018, the SBTi introduced a new fee-based target validation service for companies. The fees collected for this service are used to cover the cost of expanded and improved service from our target validation team. Read our FAQs (Section E) to learn more. 

The SBTi also receives funding from a diverse group of companies and organizations for the following sector-specific projects:

Apparel and Footwear

ClimateWorks Foundation
C&A Corporation

Financial Institutions

The Bank of New York Mellon
Dutch Platform Carbon Accounting Financials (PCAF)


BMW Group
Daimler AG
Deutsche Post DHL Group
La Poste
Manufacture Française des Pneumatiques MICHELIN
Groupe Renault
Volvo Group

Learn more about the Science Based Targets initiative.