UK’s Transition Plan Taskforce unveils sector-specific guidance
Asset managers and banks, as well as companies in electricity, food and beverages, mining and oil and gas now have access to detailed recommendations to draft their transition plans.
The Transition Plan Taskforce (TPT), a UK government initiative to establish a ‘gold standard’ for corporate transition planning, has released sector-specific guidance to support companies in 30 industries.
Firms in consumer goods, extractives and minerals processing, financial services, food and beverages, healthcare, infrastructure, renewable and alternative energy, resource transformation, technology and communications as well as transportation now have access to best practice recommendations to build their climate transition plans.