Our view on climate transition plans
Navigating towards a future-proof climate transition plan
Climate transition plan
The science on the need to mitigate the impacts of climate change is clear. We need to halve carbon emissions by 2030 and reach a net-zero economy by 2050 at the latest — and companies have a fundamental role to play.
A climate transition plan is an action plan that clearly outlines how a company will transform existing assets, operations, and business models to transition towards achieving net zero by 2050. Climate transition plans put climate change at the centre of a company’s strategy and operations.
However, it is no simple task to develop and execute a credible transition plan. We discuss the key drivers and challenges related to developing and executing transition plans and provide our view on key elements of a climate transition plan that is impactful, pragmatic, and action-oriented, delivers value and protects against risks.
For more information please contact us: Priti Hoffmann, Vanessa Otto-Mentz, Ivan Kukhnin and Wim Bartels.
