Overview

Turning strategy into action requires robust implementation planning. This includes developing a transition plan that defines how your organisation will deliver its climate goals and address related risks and opportunities. Companies are expected to disclose transition plans to communicate this to external stakeholders, as defined within a number of guidelines, standards, and regulatory requirements, including:

• The International Sustainability Standards Board (ISSB)  
• ISO Net Zero Guidelines (IWA 42:2022)
• The Transition Planning Taskforce (TPT)  
• EU’s Corporate Sustainability Reporting Directive (CSRD)

Transition planning is an ongoing process to help your organisation adapt to change and implement effective climate measures. It requires functions across your organisation to innovate, adapt and collaborate to deliver your goals.    

Benefits  

• Gain clarity of timelines, resources and financing required to implement your climate journey.
• Create accountability and ownership for implementing change.
• Enhance credibility of your goals and ambition by demonstrating how your organisation will ensure they are delivered.
• Prepare for disclosure requirements and expectations from regulators, investors and wider stakeholders.

 

How we can help  

We work collaboratively with your organisation to create bespoke transition plans, reflecting your needs and structure. This requires coherent and joined-up thinking to ensure that all relevant elements are addressed. We support you through your planning and implementation process, including:

• Assessing the robustness of your decarbonisation strategy.
• Supporting the implementation of decarbonisation measures within your operations (e.g. energy management), and value chain (e.g. product design, supplier energy consumption).
• Reviewing and reinforcing your risk and opportunity analysis and measures to address these.
• Developing and reviewing your KPIs for internal management and external disclosure.
• Engaging your suppliers and other players in your value chain so you can embed sustainability throughout.  
• Identifying ways to finance your transition, including alignment with taxonomies, such as the EU Sustainable Finance Taxonomy.
• Developing robust approaches to carbon emissions data sourcing and management, including advice on software solutions.

 

Why the Carbon Trust  

For over two decades we have helped companies deliver their climate ambitions. Our range of services allow us to support you at each step of your transition journey to ensure your measures are robust and stand up to scrutiny. This holistic approach provides us with both a strategic as well as a practical, implementation-focused perspective ensuring that the process is effective, and outcomes are achieved.