SBTiSERVICESSMALL ANDMEDIUM-SIZEDENTERPRISES (SMEs)FAQsVersion 6.0October 2024SCIENCEBASEDsbtiservices.cominfo@sbtiservices.comTARGETSSBTiSERVICESABOUT SBTI SERVICESSBTi Services Limited is a wholly owned subsidiary of the Science Based Targets initiative,a corporate climate action organization and standard-setter that enables companies andfinancial institutions worldwide to play their part in combating the climate crisis.SBTiServices is a distinct legal entity and operates independently from the standard-setter,theScience Based Targets initiative.SBTi Services checks and validates climate targets,validating the decarbonization goals ofcorporations,financial institutions and SMEs worldwide.By validating their climate targets,businesses demonstrate an understanding of their minimum decarbonization requirementsby which customers and investors can measure them.To be validated,companies must create greenhouse gas inventories and apply the ScienceBased Targets initiative's through methodologies for calculating decarbonization targets andsubmit these to SBTi Services for validation.Validators at SBTi Services check companies'and financial institutions'climate targets with standards developed by the Science BasedTargets initiative.SBTi Services is a trading subsidiary company,with any profits generated from commercialactivities passed to its parent the Science Based Targets initiative,a charity registered inEngland and Wales.Small and Medium-sized Enterprises (SMEs)FAQs,Version 6October 2024 2