Say on Climate
23 February 2022 | Westminster
The ‘Say on Climate’ initiative asks companies to set out their strategy to manage the transition to a net zero emissions business.
Ben Caldecott spoke at the conference on The potential role of transition plans and transition finance in accelerating decarbonisation.
Investors are asking for emission disclosure consistent with the Task Force on Climate-related Financial Disclosures, a five-year plan to get onto a net zero emissions pathway and annual provision for shareholders to vote on such plans.
The UK government is moving towards making publication of corporate net-zero transition plans mandatory and is setting up a high-level transition plan taskforce to develop a ‘gold standard’ for climate action transition plans by end of 2022.