There is rapidly growing interest in net zero transitions plans as a tool to drive decarbonisation. Transition plans could underpin future changes in supervision, policy, access to capital markets, financial products, stewardship and engagement, and the assessment of greenwashing claims.
The UK is the first jurisdiction to mandate net zero transition plans, with this covering all large companies, asset managers, and asset owners (and investment products), initially on a comply or explain basis, as part of new Sustainability Disclosure Requirements from 2023.
HM Treasury also launched a new high-level Transition Plan Taskforce in early 2022. The taskforce has a two-year mandate and has been tasked with, among other things, making recommendations on what good transition plans should look like and the metrics that could be used to track progress towards delivering them.
In this session we’ll explore the latest thinking on net zero transition plans, hear from those involved in the taskforce and experts working on what transitions plans should like for both real economy sectors and finance sub-sectors, and how transition plans are being integrated into regulation internationally.