SBTi Services Appoints Three Non-Executive Directors to Strengthen Governance
SBTi Services Limited, the wholly owned target validation subsidiary of the Science Based Targets initiative, appointed three experienced non-executive directors to its board effective 17 February 2025. The appointments are designed to support the subsidiary's strategic direction, governance, and growth as demand for corporate climate target validation continues to rise.
The three new non-executive directors are Bennet Wetch, currently leading Global Sustainability Data and Analytics at Nike with previous experience as Chief Innovation Officer at Fair Trade Certified; Martina Swart, an international lawyer with over 25 years in global financial services and expertise in ESG, governance, and risk management; and Umberto Malesci, a business development director at Cisco's IoT unit and independent board member of Assicurazioni Generali. They join SBTi Chief Operating Officer Alex Buss and Director of Communications Luisa Pastore on the SBTi Services board.
SBTi Services was established to meet surging demand for corporate climate target validation. The company recorded a close to 60 percent increase in businesses with validated science-based targets in the nine months to October 2024. Separating standard-setting and validation functions is intended to allow both activities to scale independently while maintaining governance rigour. The expanded board, appointed by and reporting to the SBTi Board of Trustees, ensures strategic alignment between the validation subsidiary and the broader SBTi mission.
The new board composition brings together expertise across sustainability data, financial services governance, ESG risk, and technology-driven innovation—capabilities directly relevant to scaling validation operations for a global corporate client base. SBTi Services is continuing to develop its Validation Portal, with plans to expand the product to cover all elements of the validation process within a single interface in 2025. The governance strengthening supports the SBTi's wider ambition to increase the number of companies with validated science-based targets worldwide.
Key figure — Close to 60% increase in businesses with validated targets in nine months to October 2024
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