Broad commitments and long-term goals for stabilizing the climate, protecting water, and conserving and restoring nature aren’t enough. The next step for investors and companies is to develop and publicly disclose a concrete plan for moving from commitment to impact. These plans are the leading mechanism for investors and companies to develop and implement the action steps for integrating sustainability and responsible investing into their investments, operations, and strategic planning--so they can achieve their emission targets and other sustainability-related goals and thrive in the transition to cleaner, more just economy.
Transition plans are increasingly important in the face of landmark regulations in the United States, European Union, and elsewhere that require disclosure of emissions, climate, water, and nature-related risks, and the actions being taken to reduce those risks. These plans should be grounded in sector-specific contexts and the specific, measurable, and time-bound actions investors and companies plan to take in the next one to five years. They are key to addressing the complex financial risks that companies and investors face because of climate change and will help prepare companies to create long-term value for their investors in the years to come.
Ceres has joined stakeholders across the globe in calling on investors and companies to create transition plans through the Investor Agenda and the Ceres Ambition 2030 initiative.
Create your climate transition plan
So how do you create a climate transition plan? Learn how to develop and implement plans that outline actions your investment firm or company is taking to achieve your greenhouse gas emissions targets, reduce climate-related financial risks and prepare for the lower carbon economy. Though designed for different audiences, investor and company plans are mutually reinforcing.
