Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans

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Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans
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itemprop=description content=The Transition Plan Taskforce, set up by the Treasury, has unveiled its new reporting framework for corporate green plans.

A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.

They said firms should take a strategic and rounded approach to tackling their impact and explain how they will meet climate targets, manage climate-related risks and contribute to achieving net zero. Alongside the guidelines, the TPT has also released other material including specific guidance for 40 sectors, technical mappings and comparisons with other well-known reporting frameworks, an implementation guide and legal considerations for companies preparing reports.

The taskforce said the framework will support the creation of consistent, comparable company reports and reduce the level of complexity faced by firms.

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