Charting the Course: Navigating the Climate Transition Plan Landscape hero image

Charting the Course: Navigating the Climate Transition Plan Landscape

Photo by alekseystemmer on iStock

February 20, 2025
Authors
  • Julie Dugard portrait

    Julie Dugard

    Associate Director, Climate and Nature, BSR

  • Verena Nüchter portrait

    Verena Nüchter

    Associate, Climate and Nature, BSR

  • Ameer Azim portrait

    Ameer Azim

    Director, Climate and Nature, BSR

  • Lizzie Russler

    Former Associate, Climate Change, BSR


Companies are showing greater ambition in setting climate targets, yet a significant gap exists between targets and demonstrated progress. Climate Transition Plans (CTPs) are turning into the key medium for companies to demonstrate how they intend to reach their targets and to disclose progress

While there is mounting pressure on the private sector to publish CTPs, the ecosystem of frameworks, sectoral guidance, and regulatory requirements is complex. Consequently, businesses need more clarity so they can craft robust CTPs that meet stakeholder expectations.

BSR’s new report provides companies with a better understanding of the climate transition landscape, including awareness around existing regulations and frameworks as well as challenges business faces in complying with these regulations. With increased clarity, companies will be better equipped to navigate the complex and rapidly evolving landscape and develop credible CTPs.

Contents

  • Three Questions about Climate Transition Plans
  • From Soft Law Frameworks to Hard Law Requirements
  • Focus on Key Climate Transition Plan Elements
  • Connecting People, Nature, and Climate
  • Conclusion

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