Expectations for Real-economy Transition Plans

This voluntary guidance document aims to support real economy corporates in building transition plans and disclosing progress against them. It outlines the components of transition plans that financial institutions will be looking for from companies in the real economy to inform their allocation of capital and services. It aims to help real-economy companies understand and navigate the growing expectations from financial institutions that are aligning their investment and finance strategies with net zero. It aims to promote the provision of more consistent metrics and data points, which are required by global financial institutions to evaluate the progress and credibility of companies’ net-zero transition plans. The transition plan components draw from, and make reference to, existing transition plan guidance, with the aim to better enable institutions to navigate the existing frameworks that many companies are already using to disclose climate-related risks, data, and strategies.