As the sustainability landscape continues to evolve, so do requirements and expectations from stakeholders. At CEMAsys, we acknowledge the essential role that Climate Transition Plans play in guiding companies through the intricate landscape of ESG and fulfilling elevated stakeholder expectations.

“A Climate Transition Plan is a time-bound action plan that outlines how an organization will pivot its existing assets, operations, and entire business model towards a trajectory aligned with the latest science and most ambitious climate recommendations,” – CDP, 2022.

Beyond ensuring CSRD compliance and meeting CDP requisites, the benefits of developing a Climate Transition Plan for companies are many:

  • Aligning actions with strategy: Action plans are imperative for defining and implementing strategies for carbon reductions. A well-structured ClimateTransition Plan ensures that every step is a purposeful move towards a sustainable future.
  • Compass for internal and external stakeholders: Climate Transition Plans act as a guiding beacon for both internal and external stakeholders. By showcasing specific initiatives, companies transparently communicate how they intend to achieve their emission reduction targets, fostering trust and engagement.
  • Adds credibility to a company’s goals and ambitions: With increasing investor pressure and demand for transparent roadmaps accompanying ambitious goals, a Climate Transition Plan demonstrates a clear commitment to tangible actions. 
  • Solid plans enable implementation: Solid plans are the bedrock of successful implementation. A well-structured plan for achieving net-zero does not require an immediately detailed roadmap. Instead, it requires an understanding of the necessary steps and a readiness to adapt through a dynamic approach, enabling adjustments and updates in response to technological evolution. The key is to take that initial step forward, and just start.

To learn more about Climate Transition Plans and CEMAsys’ solution, watch our in-house expert consultant Ysabela explain more here.

At CEMAsys, we are devoted to helping our clients build robust and credible climate strategies. Our approach involves utilizing established standards and frameworks such as the Greenhouse Gas Protocol, the Science-Based Target initiative, TCFD, and COSO.