Transition planning and target setting
- Current state assessment
- Science based target setting
- Stakeholder engagement
- Transition strategy development
- Climate transition plan
- Monitoring and reporting system design
Services
Sustainability Services
Ecosystem-led Approach to Power Your Sustainability Strategy
An in-depth, granular guidance to climate transition planning
In moving toward a low-carbon economy, organizations need a structured transition plan to adapt to the changing regulatory environment and growing stakeholder expectations.
To remain resilient and competitive in the long term, businesses must work on creating transition plans that help navigate regulatory complexity and align with their global net-zero and sustainability commitments. This report offers practical, actionable guidance and assists in articulating credible transition strategies to support long-term business success.
This report, jointly developed by D.A. Carlin and Company and Tata Consultancy Services (TCS), offers timely guidance to transition planning, drawing on real-world examples, emerging best practices, and insights from the resources developed by the Transition Plan Taskforce (TPT).
The TPT framework outlines a structured approach to climate transition planning, which provides best practices for developing transparent and actionable plans.
It emphasizes five key disclosure elements, which include:
- Foundations: Define the company's overall approach to net-zero, including its objectives, priorities, and timelines for achievement.
- Implementation strategy: Ensure an entity's actions are credible and achievable. Some of its sub-elements are changes to financial planning, policies and conditions, products and services, and business operations.
- Engagement strategy: Outline how an entity must involve stakeholders to effectively develop and implement climate transition plans.
- Metrics and targets: Evaluate an entity's success in executing its transition plan will provide measurable information to assess the effectiveness of the actions taken to achieve climate objectives.
- Governance: Ensure accountability and effective decision-making throughout the transition process to enhance the credibility of the transition plan, build trust with stakeholders, and increase the likelihood of achieving the desired climate outcomes.
Our Offerings
Sustainable finance roadmap
- Strategic advisory blueprint
- Stakeholder engagement and consultation
- Policy and regulatory review
- Capacity building and training
- Development of implementation plan
Comprehensive climate risk analysis and disclosure
- Risk assessment and data collection
- Reporting and communication
- Framework development and capacity building
- Scenario analysis
- Vulnerability assessment
Nature-positive finance
- Biodiversity risk screening
- Nature-positive investment guidelines
- Biodiversity reporting and disclosure support
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Key takeaways
Clear transition planning process
A structured approach to creating transition plans that integrate governance, strategy, and risk managementRegulatory and market alignment
Guide transition plan reporting using IFRS S2, EU CSRD, and global climate disclosure standards.Practical implementation insights
Case studies and sector-specific strategies to help entities develop actionable transition roadmapsFinancial planning for transition
Approaches integrating transition planning with capital allocation, investment decisions, & risk management frameworksStakeholder engagement and governance
Align operations with investor goals; ensure board accountability for climate-related commitments.Authors
TCS: Gaurav Awasthi, Ruchi Chauhan, Arindam Das
D.A. Carlin and Company: David Carlin, Lian Qian, Maria Salinas