Transition Plan Taskforce
From ACT Wiki
Climate change - emissions - financial risks - transition - UK.
(TPT).
The Transition Plan Taskforce is a UK government initiative to establish and publish credible standards for the quality of firms' plans to reduce their greenhouse gas emissions.
- Tackling greenwashing - UK
- "An increasing number of firms are making public commitments to decarbonise their operations and reach net zero emissions.
- Yet publicly disclosed transition plans are varied in detail and quality, limiting the ability of stakeholders to assess their credibility.
- The UK Government is requiring large companies and certain financial sector firms to publish a transition plan from 2023.
- The UK Government has mandated the Transition Plan Taskforce (TPT) to develop a gold standard for transition plans.
- The TPT’s work will help to drive decarbonisation by ensuring that financial institutions and companies prepare rigorous plans to achieve net zero and support efforts to tackle greenwashing."
- Transition Plan Taskforce - transition plans.
See also
- Climate change
- Climate transition risk
- Conduct
- Decarbonise
- Greenhouse gas
- Greenwash
- Net zero
- Paris Agreement
- Reputational risk
- Stakeholder
- Transition finance
- Transition plan
- Transition Pathway Initiative (TPI)
- Transition risk
