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 collaboration with the Oliver Wyman Forum and as part of our wider series on transition planning, Chapter Zero members came together for the second of three interactive, practical transition planning masterclasses. These are in-depth learning experiences where attendees learn from both experts and peers. Building from the first masterclass on transition planning foundations and the role of the NED, the second masterclass explored how NEDs can lead through uncertainty, effectively review and challenge transition plans and take into account legal considerations associated with transition planning. This document provides a summary of the rich learnings and key takeaways from the session.

In collaboration with the Oliver Wyman Forum, as part of our wider Transition Planning series, Chapter Zero recently launched the first of three interactive, practical transition planning masterclasses. Building from our Getting Started series, these in-depth masterclasses explore transition planning concepts in greater detail. The first masterclass explored the basics and best practices for transition planning, as well as the evolving role of non-executive directors (NEDs) in this space. You can find the key takeaways from the first session below.

The past twelve months have highlighted how companies are not only increasingly experiencing the impacts of climate change but also how they are powerfully positioned to be agents of change, with the ability to curb these impacts and promote long-term sustainability and resilience for the global economy and for society. The need to decarbonise and to achieve net zero commitments is being driven by a range of economic, regulatory and market factors, all of which require companies to respond faster than ever before.

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.

This 2024 report, undertaken by Ceres, poses two essential questions: What happens after companies make commitments to a shareholder proposal? And do they follow through on what they promised with meaningful action?

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.

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 tool 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.

Explore how boards can oversee the development of high-quality transition plans, as well as approaches for integrating climate risk and opportunity into discussions on business strategy in our webinar held in partnership with Chronos Sustainability and the London Stock Exchange Group (LSEG).

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.