Climate Transition Plan

A Climate Transition Plan (CTP) is a strategic document that outlines in detail how a company adapts its business models, processes, and strategies to align with the goals of the Paris Climate Agreement. The primary focus is on limiting global warming to 1.5°C and achieving climate neutrality by 2050.

A Climate Transition Plan (CTP) includes both short-term and long-term actions aimed at reducing emissions across the entire value chain. This involves integrating climate goals into corporate strategy, setting science-based targets, and identifying key transformation measures in areas such as energy supply, production, and supply chain management.

Additionally, a CTP outlines how a company addresses climate risks and opportunities, prioritizes investments accordingly, and actively engages key stakeholders, including investors, customers, and employees. Clear milestones, regular reporting, and transparent communication ensure that progress remains measurable and accountable.

A CTP serves not only to meet regulatory requirements, but also as a strategic tool to position companies for a climate-neutral future. It enhances long-term competitiveness in an increasingly sustainability-driven economy while supporting the transition to a low-carbon business model.