POLICY
Apply the TPT Disclosure Framework
PREPARE FOR YOUR CLIMATE TRANSITION WITH PLANET MARK
The Transition Plan Taskforce (TPT) Disclosure Framework establishes best practice for developing a roadmap to net zero – known as a ‘transition plan’.
It’s designed to help businesses set ambitious net zero targets and action the decarbonisation strategies they’ll need to achieve them. To develop a credible transition plan, businesses must also consider their climate-related risks and the accountability structures they need to put in place to meet their carbon reduction targets.
The TPT Disclosure Framework was developed by the UK Transition Plan Taskforce, which disbanded in 2024. It’s now governed by the IFRS Foundation, which developed the IFRS S1 and S2 standards.
Keep reading to learn more about the TPT Disclosure Framework, and how Planet Mark can help you align with it.
The UK’s TPT Disclosure Framework – at a glance
What do you need to know about disclosing your climate transition plan? Download our Disclosure Framework starter guide for the essentials.
Plan your transition to net zero with a robust and recognised framework.
Stay resilient against potential climate risks by identifying and mitigating them.
Demonstrate your commitment to decarbonisation to stakeholders and investors.
Who should follow the framework?
The Transition Plan Taskforce Disclosure Framework is recommended to many organisations developing their roadmap to net zero.
This includes listed companies and large financial institutions that the Financial Conduct Authority (FCA) requires to share their climate-related risks. It also includes organisations that apply IFRS S2 – Climate-related Disclosures.
If you aren’t sure whether you should use the framework to develop your own climate transition plan, don’t hesitate to get in touch.
Understand your climate disclosure responsibilities
Understand which climate regulations and reporting standards your organisation should follow with our free Carbon Policy Tracker.
Develop a TPT-aligned transition plan
To develop a transition plan aligned with the Disclosure Framework, you’ll need to include:
1. Your high-level ambitions for mitigating and managing the changing climate.
2. The actions you’ll be taking in the short, medium, and long-term to achieve them.
3. The governance and accountability structures you’ll be following.
4. The measures you’ll be implementing to address potential climate risks and opportunities.
To learn more about developing a climate transition plan for your net zero journey, talk to us about becoming a Planet Mark Member.
How can Planet Mark help?
We help organisations accelerate their net zero journey with sustainability strategies aligned to the Transition Plan Taskforce (TPT) Disclosure Framework.
When you join our annual membership solution, the Net Zero Certification Programme, we’ll support you to measure your carbon footprint, set near- and long-term reduction targets, and transition your business to achieve them.
We’ll ultimately guide you to achieve net zero by 2050 or sooner, so that you stay resilient in the face of climate-related risks.
Set your sustainability strategy with Planet Mark
We can help you take ambitious climate action and become a sustainability leader. Explore our net zero services to learn how.
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Start your sustainability journey
Ready to make measurable progress towards your climate goals? We can help. Talk to our experts to get started.