Create your climate transition plan

Broad climate commitments and long-term goals, even to reach net zero emissions, aren’t enough. The next step for companies is to develop and publicly disclose a concrete plan for achieving emissions reduction targets—with specific, measurable, and time-bound actions.  

Climate Transition Action Plans are the leading mechanism for companies to develop and implement plans to achieve their emission targets and other climate-related goals. They are increasingly important in the face of landmark regulations in the United States, European Union, and elsewhere that require disclosure of emissions, climate-related risks, and actions being taken to reduce those risks. 

Climate transition plans should be grounded in sector-specific contexts and outline the company’s transition strategy and the actions it plans to take in the next one to five years to address climate change throughout its business—including core business and growth strategies, operations and finance, procurement, policy engagement, and customer engagement.  
 
The four elements of robust climate transition action plans include: 

• Emissions reduction strategies across the value chain 

• Integration into core business strategy and governance 

• Advocacy for climate-aligned public policy – both directly and through trade associations  

• A focus on ensuring a just transition for workers, suppliers, customers, and communities 

With the future of our planet and economy in the balance, companies have the opportunity to use climate transition plans to spur innovation and implement strategies to accelerate the transition to a net zero future.