Flagship event launched the Transition Planning Toolkit
The Chapter Zero Transition Planning Toolkit
We have launched our new toolkit, designed for non-executive directors (NEDs) and chairs to help them ensure their firms deliver an action plan for achieving net zero. The toolkit is made of several components, including a Briefing, Scorecard and Governance Compass.
It has been created in line with the Transition Plan Taskforce (TPT) Disclosure Framework, developed in association with the London Stock Exchange Group (LSEG) and its Foundation, Chronos Sustainability and the Centre for Climate Engagement.
Try the Transition Planning Toolkit
We will continue to develop this toolkit, so please let us know what you think and send your feedback to climate@chapterzero.org.uk
Spotlight: Transition PlanningOur flagship event
UK boardrooms are critical to ensuring that we achieve economy-wide net zero and create long-term business value through effective transition plans.
Yesterday’s flagship event brought together Directors of UK companies, as well as investors, asset owners and other key stakeholders critical to driving credible transition plan implementation.
The agenda explored the board leadership that will make or break the UK’s transition to a net zero economy, bringing together voices from across government, business and investors to share perspectives and first-hand experience.
Our expert panel discussions explored first the business perspective looking at the challenges and opportunities of publishing transition plans, followed by the investor perspective on how transition plans will be judged. Panellists included senior representatives from Aviva Investors, British Land, Church of England Pensions Board, Climate Change Committee, IIGCC, London Stock Exchange Group, SSE and WTW.
The speakers provided context on the recently released Transition Plan Taskforce Framework, how the new Chapter Zero Transition Planning Toolkit supports this for non-executive directors, and wider considerations for business and investors on the role of transition planning in achieving climate goals, extracting business value and attracting future investment.
The event took place in central London, hosted by WTW and supported by the Investment Association, Carbon Trust, IIGCC and the London Stock Exchange Group.
Speaking at the event, Julie Baddeley, Chair of the Board, Chapter Zero, said:
"I'm hoping that by the end of today our members will see the role that they can play in guiding the net zero transition from their boardrooms. They will see that the TPT Disclosure Framework is going to be a value in helping their organisation and that the Chapter Zero Transition Planning Toolkit is going to help them in the boardroom."
Read key insights on the the role of the boardThe session culminated with the launch of the Chapter Zero Transition Planning Toolkit, and a broad range of discussions in the networking drinks.
Watch the highlights from the event:
Or watch the full recording:
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Related Content
Transition Planning Toolkit: Briefing
Part 1 of the Transition Planning Toolkit. Companies need to develop a plan for delivering on net zero targets and pledges. High-quality transition plans enable management teams to develop, communicate and implement their climate strategies.
Transition Planning Toolkit: Scorecard
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.
Transition Planning Toolkit: Governance Compass
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.
