A transition plan is a time-bound and trackable strategy and roadmap presenting the plans and actions for reducing emissions with a science-based pathway to net zero.
This paper is designed to provide a complementary and introductory guide to assist stakeholders understand the basic markers of a credible transition plan, however it cannot replace independent in-depth verification and certification.
This short guidance paper and the requirements for Climate Bonds Certification are both based on the ‘5 Hallmarks of a credible transition’ from our 2022 paper ’Transition for transforming companies: Tools to assess companies’ transitions and their SLBs’.
