Authors
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Associate Director, Climate and Nature, BSR
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Associate, Climate and Nature, BSR
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Director, Climate and Nature, BSR
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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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