The Good Transition Plan – Climate Action Strategy Development Guidance for Banks & Lending Institutions: COP26-version

Year Published

2021

Contributing Organizations

Climate Safe Lending Network (CSLN)

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic

Transition Plans

Topic 2

Organizational Change & Leadership

Target Audience

Banks

Financial Services Providers

Relevant Geography

Global

Resource Description

This resource provides guidance for companies on creating credible, forward-looking climate transition plans. It outlines what makes a “good” transition plan and offers a practical framework to support climate-aligned business transformation.

Why This Matters

As climate transition planning becomes a critical expectation from investors and regulators, this resource helps companies design plans that are actionable, transparent, and credible.

Key Insights

Defines five key elements of a good transition plan: ambition, action, accountability, engagement, and governance
Emphasizes integration of transition planning into core business strategy and capital allocation
Highlights the need for clear interim targets, policy engagement alignment, and workforce considerations
Supports alignment with global disclosure frameworks and investor expectations

Was this resource helpful?

We'd love to hear from you! You can share your feedback or suggest a resource below.

Share Your Feedback Suggest a Resource