Definition of short and long-term debt

Criteria
#1

Hi, please could you clarify if a 1 year term business/corporate loan is defined as long or short term debt? Per SBTi, long-term debt is more than one year and short-term debt is less than one year. So what would a 1-year term loan be classified as? We intend to classify it as short term, but we want to double check our assumption.

Thanks!

#2

Hi Jo, thanks for the question. short term debt can be considered up to an including one year, so your assumption is correct.

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#4

Hi Eoin,

On this subject, can you confirm me that for the following mandatory SBT corporate loans [commercial real estate, corporate loan electricity generation] we can exclude from the scope of the analysis all SMEs and all “short-term” loans? Thank you very much

#5

Hi Eoin and the SBTi team,
Would like to check if you have any suggestion for Antonio’s question - regarding the corporate loans [commercial real estate and corporate loan electricity generation] target-setting, could FIs also exclude all SMEs and short-term loans? For [electricity generation project financing], could FIs also exclude all short-term financing projects?

Thanks!