Whereas transition planning just isn’t obligatory for scheme trustees, the Regulator’s view is that this train is helpful within the administration of climate-related monetary dangers and alternatives.
The Transition Plan Taskforce was introduced at COP26 in Glasgow 2021 and launched in April 2022 to have interaction globally with organisations within the transition to web zero.
Sources not too long ago revealed by the Taskforce embrace a disclosure framework and implementation guidance, along with case studies relating to varied components of the transition cycle.
The Regulator not too long ago revealed its findings of a assessment of 30 local weather change governance experiences referring to scheme yr finish dates between October 1, 2022, and September 30, 2023. See our report here.
