Webinar: Making climate transition plans work
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Members of Verco's Corporates strategy team; Tim Crozier-Cole and Esther Stoakes explore climate transition plans within our latest on-demand webinar.
The webinar covers:
- What a climate transition plan is.
Who must have one and when.
Tips on how to use transition plans to accelerate progress across the ESG agenda
Useful take-aways from the webinar:
- A transition plan goes beyond a simple roadmap to net zero. In addition to your climate targets and setting our how you'll cut emissions each year, it will include details of who is accountable, how action will be financed, and the integration with the wider business.
- Stakeholders are already asking for transition plans, but TCFD, UK Companies Act Regulation and EU CSRD also include them in their frameworks. These regulatory drivers are expected to become more relevant in the future as they become more directive about transition plan contents.
- Tips for getting started:
- Start small, start soon. A credible plan is the work of several years and is an iterative process.
- Focus on an internal plan first and disclosures second.
- Consider the synergies, trade-offs and conflicts with other business priorities and ESG issues early.