Implement the Transition

Ashley Alder, Chair of the Financial Conduct Authority, talks to Chapter Zero about why the net zero transition is such an important area of focus, why non-executive directors should care and where we go from here.

Reflecting on our popular roundtable series with Deloitte, Oliver Hemming shares six takeaways from attendees on implementing a successful net zero transition.

Following our February 2023 breakfast briefing, Sir James Bevan, Chief Executive, Environment Agency, shares his 10 top tips for leaders who want to get their organisation to net zero.

The Bank published its Climate Transition Plan in July 2023, which details the Bank’s target and strategy to reach net zero greenhouse gas emissions for physical operations.

This We Mean Business Coalition case study looks at one of the world’s largest investor-owned energy utilities, delivering electricity and gas across the UK and Eastern U.S.

Chapter Zero Fellow Orna NiChionna shares first-hand experience of how this complex conservation organisation is driving decarbonisation. She reflects on changing minds in the boardroom and offers advice on managing risk and challenge during an ambitious energy transition.

In 2023, Chapter Zero partnered with McKinsey for a three-part event series that explored the impact non-executive directors (NEDs) can have in the boardroom to help their organisations achieve net zero. The first of these sessions, held on Tuesday 6 June, focused on the strategic fundamentals of green growth, and how NEDs can support organisations to move from pledges to plans and help them achieve low-carbon growth. We have summarised below the key takeaways of this event.

An orderly transition to a low-greenhouse gas and climate-resilient economy demands robust transition planning led by effective and courageous climate leadership by boards. Read the summary from WTW on key insights on the role of boards, as well as perspectives from corporates and investors, from our flagship event.

Last night we launched our new Transition Planning Toolkit for non-executive directors at our flagship event attended by more than 300 Chapter Zero members, partners and supporters.

Chapter Zero is proud to have played a part in the work of the Transition Plan Taskforce (TPT) that today delivers a best practice Disclosure Framework for climate transition plans so companies can play their part in the shift to net zero.

There is growing international momentum around private sector transition plans and their vital role in supporting the global shift to net zero across the financial sector and the real economy. This is a status update from the Transition Plan Taskforce.

New CDP data shows companies are recognizing the need for climate transition plans but are not moving fast enough amidst incoming mandatory disclosure.

This CDP report provides an overview of the current state of climate transition plan information disclosed through CDP's 2022 climate change questionnaire. The data analysed in this report spans over 18,600 organizations in 13 industries and across 135 countries.

Part 4 of the Transition Planning Toolkit. Read ‘Barriers and Enablers’ to consider and prepare for the barriers to developing and delivering on the company’s transition plan, and to understand enabling factors and processes that may enhance this delivery.

Part 3 of the Transition Planning Toolkit. Use the ‘Governance Compass’ section in your board committee meetings to ensure that your committee’s work considers, aligns with and supports the company’s Strategic Ambition and transition plan.

Part 2 of the Transition Planning Toolkit. Complete the Transition Planning Scorecard to help assess how effectively your board is responding and contributing to the transition to a low GHG-emissions and climate-resilient economy. The scorecard serves as a valuable tool for board members to use when the company is developing its transition plan in accordance with the TPT guidance.

Simon Carter, CEO, shares how British Land worked with their non-executive directors and ESG Committee to create a credible net zero transition plan.

Jane Goodland, Group Head of Sustainability, shares how the London Stock Exchange Group helps investors and listed companies to allocate capital, navigate the climate transition, and the importance of board engagement.

Nigel Topping CMG, Business Champion for the UK Climate Change Committee, shares the current climate state of play and urges business leaders to move beyond frameworks and take concrete steps towards net zero goals.