Achieving net zero is a critical global challenge that requires immediate action from governments, institutions, and businesses across all sectors. Climate transition plans are essential tools for companies to align with the 1.5-degree climate pathway, ensuring their business models remain relevant and profitable in a low-carbon economy.

PwC highlights the importance of creating a robust climate transition plan and provides a framework in their paper, Navigating the Transition to Net Zero.

The key steps include:
Establishing a Strong Foundation
Translating Intentions into Action
Integrating the Plan with Business Strategy

These plans demonstrate commitment to sustainability, guide decarbonization efforts, and build resilience against future challenges.

Author: Dr. Antonios Koumbarakis, Partner, Sustainable Capital and Sustainability & Strategic Regulatory Leader, PwC Switzerland

This contribution is brought to you by PwC, a valued bronze event partner of Building Bridges 2025.