Expectations for Real-economy Transition Plans

Year Published

2022

Contributing Organizations

Glasgow Financial Alliance for Net Zero (GFANZ)

Type of Resource

Framework

Guidance

Languages

English

Japanese

Korean

Chinese

Relevant Topics

Core Topic

Transition Plans

Topic 2

Climate Reporting

Topic 3

Engagement & Supporting Corporate Alignment

Target Audience

Real Economy Corporates

Asset Managers

Asset Owners

Banks

Financial Services Providers

Relevant Geography

Global

Resource Description

This resource provides guidance for real economy companies on developing credible, actionable transition plans aligned with a 1.5°C pathway. It outlines investor and stakeholder expectations for disclosure and implementation.

Why This Matters

Credible transition plans help reduce systemic risk and align corporate strategies with climate and investor expectations.

Key Insights

Defines a credible plan as including science-based targets, clear actions, and transparent progress reporting
Emphasizes alignment of business models, capital allocation, and policy engagement with climate goals
Recommends integrating transition planning into governance, strategy, and risk management
Highlights the importance of just transition considerations for workers and communities
Offers sector-neutral guidance applicable across high-emitting and other industries

Secondary File Resources

Secondary Resource Link(s)

Expectations for Real-economy Transition Plans - (Chinese)

Expectations for Real-economy Transition Plans - (Korean)

Expectations for Real-economy Transition Plans - (Japanese)

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