Climate Targets & Transition Plans
Develop climate targets and plan ways to deliver them
The European Sustainability Reporting Standards were not the first to make this clear: Credible climate targets are developed on the basis of scientifically sound climate and energy scenarios. At agradblue, we support you in deriving a reliable climate target and in analyzing and simulating different ways of achieving it.
The public discourse has long since arrived: A target alone is not enough. In addition to their climate target, companies are required to draw up a transition plan that transparently sets out how this target is to be achieved in concrete terms.
Transition plans provide clarity on how business models, processes and assets can be gradually geared towards climate neutrality. They combine long-term climate targets with specific measures, investments and timetables. For companies, owners and banks, such plans are a key risk management tool, as they help to meet regulatory requirements, address cost risks and avoid potential losses in value due to unsustainable business activities. In addition, transition plans are increasingly becoming a prerequisite for access to debt financing in the wake of increasing banking and financial market regulation.
Our expertise
With our experience from numerous projects in various industries, we support our clients in identifying the right measures for their transition plan and ensuring that it is consistent, feasible and aligned with achieving the climate target.
Our services include:
- Detailed analysis of regulatory requirements and various initiatives
- Evaluation of proven methods and best practices in the market
- Comparison of your existing efforts with the requirements of the initiatives and selection of suitable methods
- Calculation of targets for your sector based on scientific climate and energy scenarios
- Development of control concepts and transition plans to achieve the targets
- Implementation of a monitoring and control concept that can be seamlessly integrated into your existing processes
- Submission of the climate target to the SBTi and support during the validation process