A multi-stakeholder call for credible climate transition plans

Context

The Paris Agreement set a clear global mandate: limit global warming to 1.5°C and ensure a just transition to a low-carbon economy. Large companies — especially those with the greatest emissions and influence — must move beyond commitments and long-term targets to deliver credible, actionable climate transition plans.

Robust transition planning embeds climate considerations into core business strategies, models, and decision-making. While there is growing consensus on what constitutes a credible plan, many companies still fall short of leading disclosure frameworks and assessment methodologies. Alarmingly, some gaps concern basic “no-regret” actions that would safeguard a company’s future regardless of climate concerns.

A Collective Impact Coalition to accelerate the development and implementation of credible climate transition plans

To accelerate the development and public disclosure of credible transition plans, a group of organisations — co-led by Global Delta Capital and the Center for Climate and Energy Solutions, and convened by the World Benchmarking Alliance — has formed a Collective Impact Coalition.

The coalition is united by the belief that corporate transition plans must:

• Be grounded in evidence-based pathways

• Consider external dependencies

• Be supported by transparent strategies and financial planning

Through collaboration, shared insights, and targeted resources, the coalition will help companies strengthen their approaches and improve accountability.

Our statement

In September 2025 we published our first statement as a coalition, calling on all companies from developed and emerging markets to act with urgency and transparency by developing and publicly disclosing credible climate transition plans.

You can now read or download the statement here.

Interested in joining?

Contact Dara Karakolis, Engagement Manager: [email protected]