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Transition Planning Is The Latest Buzzword In Sustainable Finance

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Sustainable Finance News

Transition Planning,Climate Change,Ambitious

Simi Thambi is a climate economist. She has worked with leading organizations, including the United Nations, the International Monetary Fund and the Government of India, on sustainability themes across agriculture, land-use change and energy sectors.

If there's one word that has become significantly popular in discussions about sustainability, it's"transition." In everyday English, this word might simply mean changing from one state to another. However, in sustainability discussions, it carries a much deeper meaning. The word transition here signifies a company's sustainability journey towards reaching net zero.

These Are The Likely Democratic Presidential Candidates If Biden Drops Out—As Rough Debate Prompts Calls To Stand DownBiden’s Debate Performance Torched—Even By Trump Foes—Over Weak Voice And Verbal Stumbles: ‘Hard To Watch’ Most importantly, ensuring that companies' transition plans are not hollow is essential. Citi — the leading global bank serving more than 200 million customer accounts in more than 160 countries, analyzed the transition plans of their energy clients to find that inonly 3 out of the 50 oil and gas companies

 

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