Transition Planning Sector Guidance

Transition planning may not yet be a familiar term in many boardrooms, but it is rapidly emerging as a vital strategic tool for leaders that are serious about thriving in a low-carbon economy. As climate risk becomes increasingly material to performance, transition planning re-positions sustainability strategy as good business strategy.

In January, we released the initial draft of the Transition Planning Real Estate Guidance. This sector-specific guidance builds on and adapts the Transition Planning Taskforce (TPT) Disclosure Framework. It is designed to help real estate C-suite and boards develop credible, actionable plans that connect internal teams and demonstrate to stakeholders how the company plans to navigate and thrive over the next few years of change.

The guidance has been developed by the Institutional Investors Group on Climate Change (IIGCC), Green Finance Institute (GFI), Global Real Estate Engagement Network (GREEN) and BRAE, with further input from Institute for Human Rights and Business (IHRB) and ShareAction, INREV, AREF, ULI Europe, LMA, BBP, plus a group of real economy actors.

You can find out more and download the guidance here.