Out of scope asset classes

SBTi guidance states Products not listed in Table 5.2 are likely also out of scope.

Can we please confirm the following asset classes are out of scope:

  • Cash

  • Senior bonds

  • Pension surplus

  • Deferred tax assets



All corporate bonds are in scope.
Pension surplus and deferred tax assets are indeed out of scope. Cash and cash equivalents are currently out of scope but may be inluded in the future.