Climate Targets & Transition Plans
From a science-based target to actionable implementation
The European Sustainability Reporting Standards were not the first to make this clear: Credible climate targets are developed on the basis of scientific climate and energy scenarios. At agradblue, we support you in deriving your climate target and simulating the various ways to achieve it. It has long been part of public discourse: A target alone is not enough. Companies are encouraged to develop a transition plan to match their climate target in order to demonstrate how they plan to achieve it.
Transition plans create transparency about how real estate portfolios are to be gradually geared towards climate neutrality and combine long-term climate targets with concrete measures, investments and timetables. For owners and investors, such plans are a key risk management tool, as they help to avoid regulatory requirements, rising energy costs and losses in value due to stranded assets. In addition, the transition plan becomes a condition for external financing due to increasing bank regulation in this area.
Our expertise
With our expertise from numerous projects in various industries, we support our clients in identifying the right measures for their transition plan and ensuring that it enables them to achieve their 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