SCIENCE BASED TARGETS INITIATIVE

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. SCIENCE BASED TARGETS INITIATIVE 2023-07-27 → present
2. SCIENCE BASED TARGETS INITIATIVE LTD 2023-06-26 → 2023-07-27

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Crowe UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the cash position at the end of 2024, and detailed operational and cashflow projections, including reasonable forecasts of income and enhanced cost controls, the Trustees consider that the SBTi has adequate resources to continue as a going concern for at least 12 months following approval of these financial statements.”

Group structure

1. SCIENCE BASED TARGETS INITIATIVE · parent
   1. SBTI Services Limited 100% · UK · validation of corporate, SME, and financial institution emissions reductions targets in line with SBTi Standards and guidance
   2. Science Based Targets Initiative (SBTi) gGmbH 100% · Germany · employs German-based staff of the SBTi and SBTI Services Limited

Significant events

• “During the reporting period, the SBTi transitioned to independence and transformed its governance.”
• “The SBTi nearly reached its revised target of 10,000 companies with established targets or commitments one year ahead of schedule in 2024.”
• “The SBTi deployed the first release of its technology plan in October 2024.”
• “The successful transfer of the SBTi's activities, assets and employees from its founding partners to the new SBTi entities was largely completed in December 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.