In a changing natural world and business environment, transition planning is commercially necessary
We live in a world with emerging regulations, evolving market conditions, and demands from growing numbers of environmentally conscious consumers. In this context, your company’s business model can remain commercially viable if it aligns with the requirements of the ecological transition. A company’s ecological transition plan showcases its commitment to address environmental issues and its preparedness to deal with risks and thrive.
All businesses ought to know how to plan for the ecological transition and even get a stronger competitive edge as a result
Key components of an ecological transition plan include an ambition, a strategy, quantifiable objectives, risk management, and governance.
Defining the level of ambition
The ambition establishes the foundational elements of your company’s transition plan, which include clear goals.
Tailoring a strategy that aligns with your goals
The strategy describes the plan of action and how your company will proceed to reach the goals of the transition plan.
Setting realistic, science-based targets
Quantifiable objectives are evidenced by the setup of SMART targets (specific, measurable, achievable, relevant, and time-bound) pertaining to the goals of the transition plan.
Managing risks and seizing opportunities
Risk management relies on the results of risk identification and quantification to create mitigation and adaptation measures that address risk factors and yield favorable economic outcomes for your company.
Ensuring good governance
Governance is effective when your company’s board buys into the idea that ecological transition is worth pursuing and plays an active role in designing it and overseeing its implementation.
We can support your company in the design and delivery of its ecological transition plan
Our approach involves desk studies, field work, and necessary analyses to help increase the precision, coverage, and monitoring of targets.
We are keen to use our scientific competencies to ease your workload regarding the setup of your transition plan. We can help in the following five areas.
Emissions Pollution Biodiversity Water Resource use & circular
economy
Your company needs an ecological transition plan to avoid big losses today and continue to win tomorrow
More extensive evaluation of risks and opportunities
An ecological transition plan provides a much more comprehensive picture of the environmental risks your company is exposed to and therefore a greater ability to anticipate and protect huge business value at stake.
Improved customer and investor sentiment
A science-based, credible ecological transition plan sends a positive signal to investors and customers who are increasingly mindful of the need for transition, indicating that your company is getting better positioned for future success in a changing competitive landscape.
Higher-impact action that benefits both nature and business
Ecological transition planning results in a deeper understanding of your company’s dependency on nature and its vulnerability to the lack of nature’s services. This can guide more effective investment to restore and protect the very nature that underpins its prosperity.
Get support for transition planning.