🌳 As the economy transitions towards a net zero path, industries need to adjust how they operate to meet greenhouse gas (GHG) reduction commitments.
In Europe, the main milestone started with the European Green Deal aiming to reduce 55% GHG by 2030 and achieve net-zero in 2050.
🧭 Transition plans are already part of new requirements under CSRD and CRR3/CRD6 to verify the credibility of institutions’ commitments related to climate change. Banks can use transition plans to facilitate an orderly transition showing how they adjust their business models and strategies.
Discover our analysis on the importance of transition plans, its application, the upcoming challenges and our solutions 👉 here