The role of Transition Plans in the UK's pathway to Net Zero

The Climate Change Committee (CCC) is planning on publishing a report on the role of business in delivering Net Zero in summer 2022. The report will outline the current roles businesses play in shaping the UK pathway to net zero and assess policy levers for accelerating the positive actions businesses can take. It will include an assessment of the UK Government's plans to require UK listed companies and financial institutions to publish 'transition plans'. To inform the CCC's assessment and recommendations, the CCC is tendering some work to set out what a transition plan should include, to assess the options for monitoring and governing transition plans, and to appraise how transition plans might ensure appropriate emissions reduction ambition. The work is envisaged as a think piece rather than a detailed modelling exercise. ***** See Specification for moer detail *****