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Climate transition plans: how do they matter to your business?

Julia Jasinska Principal Policy Adviser, Sustainable Finance, CBI

At COP27, the UK Transition Plan Taskforce launched a new standard for best practice corporate climate transition plans.

09 Nov 2022, 4 min read

Greater numbers of businesses and investors are setting ambitious targets to reach net-zero, and as a result, there needs to be a way businesses can standardise how they develop and disclose information related to their sustainability journeys. This is why at COP26 the former UK Chancellor Rishi Sunak announced the establishment of a UK Transition Plan Taskforce (TPT), which was tasked to develop a new “gold standard” for corporate transition plans. The CBI has been invited to join the TPT and

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