In October 2023, the TPT published its final Disclosure Framework, as part of a wider suite of Implementation Guidance which included guidance to help preparers explore the disclosure recommendations and technical mapping to the final climate-related disclosures standards (IFRS S2) issued by the International Sustainability Standards Board and the Task Force on Climate-Related Financial Disclosures’ recommendations and guidance.
On 13 November 2023, the TPT launched a consultation on its sector-specific guidance for preparers and users of climate transition plans. The deadline for feedback on the consultation was 29 December 2023.
The materials now published are a final sector deep dive which follow the consultation and include:
- Sector-specific transition plan guidance for asset owners, asset managers, banks, electric utilities and power generators, food and beverage, metals and mining and oil and gas.
- Sector summary guidance, with high level guidance for 30 sectors of the global economy.
- Guidance on the how to undertake a transition planning cycle.
- A paper on the opportunities and challenges of transition plans in emerging markets and developing economies.
- Independent advisory pieces from TPT Working Groups on Adaptation, Nature, JustTransition and SMEs, exploring how transition planning can extend beyond realising net zero.