Transition Plan Taskforce

🌎 The Transition Plan Taskforce concluded its work on October 31, 2024. Please note that this profile will no longer be updated. TPT’s final report is now available for download: https://lnkd.in/dTw42XRJ Looking forward, the team behind the former TPT Secretariat will be working with the International Transition Plan Network (ITPN), supporting the development of global norms for private sector #transitionplans and their integration into national climate policies. We welcome you to follow our work: https://itpn.global/ 🌍 Thank You from the TPT Secretariat. We’re grateful for the shared vision and hard work of many who brought TPT’s mission to life! 

📢 The Transition Plan Taskforce (TPT) leaves a legacy of driving global standards for transition planning. "Progress Achieved and the Path Ahead" thoroughly reviews TPT's achievements and the challenges ahead, including global consistency and the importance of robust, credible transition plans in scaling transition finance. 💡 The TPT Secretariat is now embarking on a new project, the International Transition Plan Network (ITPN), to support the development of global norms for private sector transition plans and their use in national climate policies and regulations. Learn more: https://itpn.global/ 📖 Read the full report:  https://lnkd.in/dTw42XRJ

💡 The Transition Plan Taskforce (TPT) released its final report, "Progress Achieved and the Path Ahead." The report identifies essential opportunities and challenges for the global adoption of #transitionplans. It emphasizes the increasing role of financial institutions and the urgent need for reliable and consistent plans. With IFRS Foundation taking responsibility for TPT's disclosure-related materials, transition planning is strategically positioned to drive global standards. As we wrap up this incredible project, we are grateful for the collective effort and collaboration that made it all possible. 📖 Read the report and explore its powerful insights: https://lnkd.in/dTw42XRJ

🚀The Transition Plan Taskforce (TPT) final report is now available! In "Progress Achieved and the Path Ahead", TPT outlines its achievements and the critical global next steps for #transitionplanning. As more companies align with net-zero goals, transition plans drive sustainable investments and shape financial and policy decisions. Download the full report here: https://lnkd.in/dTw42XRJ 📖 Explore the five key takeaways

👏🏼 💡 As we conclude the Transition Plan Taskforce’s work, we want to express our heartfelt thanks to everyone who has contributed to this incredible journey. This includes our Steering Group, Delivery Group, twelve working groups across sectors and topics, and hundreds of organisations globally in finance, industry, civil society, government, and regulators. Your unwavering commitment, expertise, and passion have been the driving force behind TPT’s success. Together, we have made significant strides in developing clear and consistent #transitionplanning disclosures that will continue to shape corporate climate strategies for years to come. Your contributions have helped create a lasting impact that we are proud to see live on through the IFRS Foundation, assuming responsibility for the TPT’s disclosure materials. Working alongside each of you has been a privilege, and we are deeply grateful for the shared vision and hard work that brought TPT’s mission to life. While this chapter comes to a close, the legacy of TPT’s work will continue to inspire and guide the global transition to a sustainable future. Read our final report here: https://lnkd.in/dTw42XRJ Thank you for being part of this remarkable journey. With gratitude, The Transition Plan Taskforce Secretariat 

Today is the last day of the TPT's mandate from the UK government - and what an incredible journey it has been. When HMT first asked E3G to co-host the TPT Secretariat with UK Centre for Greening Finance and Investment (CGFI) none of us knew what adventures lay ahead, it has truly been a roller coaster ride and I am so proud of all that the Transition Plan Taskforce (TPT) has achieved. For me personally this has been an extraordinary and rewarding journey. As market and policy momentum grows around planning for transition, the final report provides a mini-stocktake of developments on both fronts and also explains the next steps following the decision of the IFRS Foundation to take responsibility for the TPT's Disclosure Framework and associated guidance documents . As the mandate closes, thanks are due to so many people for the key roles that they have played. Starting with Amanda Blanc and her HMT Co-Chair (now Tulip Siddiq) and all the members of the TPT Steering Group. And also, all those who participated in the TPT's Delivery Group, Workstreams, Working Groups, and Sandbox. TPT became a huge multi-stakeholder community of practice and quite literally hundreds of people contributed so much to this effort. From the perspective of the Secretariat, Ben Caldecott and I maintained a strong partnership throughout this mission, and we built a Secretariat team of the very best, led by Jacques Morris and on an interim basis over the summer by Ira Poensgen who has also been the Technical Lead throughout. The work of Kate Ryan to lead international engagement, and of Nina Pimblett and Ben Gilbey leading sectoral work has also been key. I'm delighted that key Secretariat staff members will remain with E3G and will continue to work on transition plans including in support of the new International Transition Plan Network supported by a team led by Jacques Morris. Numerous former TPT Secretariat members , including the secondees that we are lucky enough to work with in this effort, also played crucial roles and we are pleased to see that them build on their related work in other organisations. I hope TPT participants and collaborators will forgive me for not tagging many more names in this post - there are so many, and it is impossible to draw the line as to who to include. But to all involved in the Taskforce, the wider TPT community, the Secretariat, thank you all for your passion, support, and collaboration - and congratulations on a meaningful contribution that really made a difference.

🚀 The Transition Plan Taskforce has just published its Final Report. This report presents a comprehensive overview of TPT's achievements, challenges, and the future of global #transitionplanning. It delves into critical issues such as bolstering market capabilities, sharing best practices, and driving global consistency in transition planning standards. 📖 Dive into the report to discover the next steps for advancing global transition plans: https://lnkd.in/dTw42XRJ Kate Levick Ben Caldecott Jacques Morris Ira Poensgen Kate Ryan Nina Pimblett Ben Gilbey

🌍Deep Dive into Sector-Specific #TransitionPlans! As the Transition Plan Taskforce (TPT) finalizes its work by October, our 7x Sector Deep Dives will now be available on the IFRS Foundation Knowledge Hub. These detailed reports provide sector-specific guidance, helping companies tailor their transition plans to their industries' unique challenges. Learn more: https://lnkd.in/dEciF8Rw

🌍We are pleased to partner with Climate Action for the Sustainable Innovation Forum 2024, the largest multi-stakeholder event during COP29 in Baku on November 13-14. The Forum will bring together government, science, business, finance, and civil society leaders to address our greatest collective challenge. See you there 👋 Register today: https://lnkd.in/d6XqcCUc #COP29

We share the interview with Mary Schapiro, Amanda Blanc, and David Schwimmer, members of the TPT Steering Group, in the Glasgow Financial Alliance for Net Zero (GFANZ) Newsletter. They provided insights on the International Sustainability Standards Board's plans to utilise disclosure-specific materials developed by the Transition Plan Taskforce and the challenges in #transitionplan disclosure. By transferring these materials, we are confident that businesses will continue to have access to high-quality, comparable disclosures. This will facilitate more informed capital allocation and greater transparency in sustainability efforts, marking significant progress for the broader transition planning landscape: https://lnkd.in/dC4V-wHB