Read the top insights from the CBI Sustainability Community’s focus group on net zero transition plans.
In October, the CBI's Sustainability Community (‘the Community’) met to discuss net zero transition plans. From 2023, asset managers, regulated asset owners, and listed companies will be required to publish their net zero transition plans which will outline how they will become net zero by 2050 or before. The Community, with the discussions led by BT, Aviva, Schneider Electric, and Barclays, shared practical insights, and best practices around preparing for transition plans reporting as well as wider net zero opportunities and challenges for business.
Below are the top themes emerging from the discussions.
1. Setting a transition plan will help identify the gaps in your journey to net zero
Whether you are required to set a transition plan by law or not, the process of planning for your transition to net zero can show where your biggest challenges lie and help you understand if your business is equipped to overcome them. The advantage of undergoing this process now
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