Spotlight for NEDs

Spotlight on Transition Planning

Transition Plans are the next step in the private sector climate journey.

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. A transition plan can:

  • focus attention
  • highlight key issues to be escalated to the board
  • and instigate fundamental change in the business strategy.

The Chapter Zero Transition Planning Toolkit

Our Transition Planning Toolkit is designed to support you as a NED and your board in overseeing the development of a credible transition and delivery against that plan.

 

The four elements of the Transition Planning Toolkit

Briefing

Read the ‘Briefing’ to explore transition planning within the context of the UK climate-reporting landscape and the key role of the NED in transition planning.

Scorecard

Complete the ‘Scorecard’ to assess how effectively your board is responding and contributing to a transition to a low-greenhouse gas emissions (GHG), climate-resilient economy, and to gain insight into your readiness for transition plan disclosures. 

 

Governance Compass

Use the ‘Governance Compass’ 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.

Coming soon: Board Capability Tool

Explore the ‘Board Capability Tool’ element for insights on the knowledge, skills and competencies that you and your board need for effective oversight of your company’s transition plan. 

Explore more about transition planning

TPT Disclosure Framework

Check the Disclosure Framework now released by the Transition Planning Taskforce

Why do transition plans matter?

Watch more about what transition plans are and why they matter

The regulatory and reporting environment

Find out how the Transition Plan Taskforce works with UK and global regulatory and reporting initiatives

Latest on Transition Planning

Collaboration with WTW
News | 22 Nov 2023

Plans beyond pledges: Key insights on the role of boards from flagship 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.

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External Link
Video | 13 Nov 2023

Watch: Chapter Zero’s Flagship Transition Planning Event 2023

A full recording of speakers and panels from our flagship event on effective board leadership of the net zero transition held on 1 November 2023 at WTW.

News | 2 Nov 2023

Flagship event launched the Transition Planning Toolkit

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.

Announcing the development of the Transition Plan Toolkit at the London Stock Exchange

Chapter Zero opened the market at the London Stock Exchange to announce the development of the Transition Plan Toolkit for NEDs, funded by the LSEG Foundation.

Explore our Knowledge Hub

Explore the topics in our knowledge hub for information from Chapter Zero and other organisations on climate change and the boardroom.

Knowledge Hub

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