Progress Achieved and the Path Ahead: The Final Report of the Transition Plan Taskforce

The Transition Plan Taskforce (TPT) was launched in 2022 to create the gold standard for transition plan disclosures. This report by TPT can help you understand their work, its uptake by businesses and regulators, and next steps. It starts with an overview of the disclosure recommendations and guidance materials developed by TPT. Then it outlines the significant progress made in transition plan uptake by businesses, financial institutions, policymakers, and regulators. This includes integration with the International Financial Reporting Standards (IFRS). Lastly, it highlights four key areas where collective efforts could be focused to ensure further adoption of transition plans across the global economy. This overview of TPTs works will be most useful to sustainability, strategy, and leadership teams.