CLIMATE TRANSITION PLAN FUNDAMENTALS
The last few months have made one thing clear: our current systems are failing us. From food security to climate and nature, the evidence is mounting, and the political risk of sustainability has intensified.
With the food industry sitting at the heart of these challenges, it’s on us to lead change – and that starts with clear, actionable climate transition plans.
What is a climate transition plan?
A climate transition plan outlines how a business is adapting its operations, assets and strategy to align with global climate goals – particularly the Paris Agreement’s 1.5°C target. In the UK, where net zero by 2050 is a legal requirement, transition plans are already mandatory for many financial institutions and large businesses and are expected to become a requirement for many more.
The Transition Plan Taskforce (TPT) has established a framework underpinned by three guiding principles:
Ambition – A clear, strategic commitment to climate goals
Action – A detailed and collaborative roadmap for delivery
Accountability – Transparent reporting on measurable targets
Why food businesses need to act now
A transition plan isn’t just a compliance exercise – It’s a business-critical tool to prioritise, amplify and accelerate climate action. In an era where sustainability is increasingly linked to brand reputation, investment and supply chain resilience, companies that fail to act risk falling behind.
Is your business ready?
To help you decode climate transition plans and assess your business’s readiness, we’ve created a visual guide, which was shared in our latest edition of Veriscope. This infographic breaks down the essentials, providing a clear, actionable checklist for food businesses navigating the transition.
Download Veris’s Climate Transition Plan Decoder below and start building a plan that drives real impact.
Infographic Powered by Veris Strategies
“A transition plan is not a report, instead it’s a crucial, commercial tool that demonstrates an organisation’s intention, capability and acceptance of responsibility of its role in the shift to a low carbon future.”
HELEN IRELAND, HEAD OF VERIS STRATEGIES
Further reading: TPT Disclosure Framework and the Food & Beverage Sector Guidance are hosted by the IFRS Foundation and the BSI has released updated transition plan guidance for small and medium enterprises (BSI Flex 3030 v2,2024-12)
Support: Talk to Veris Strategies about getting started with transition planning, net zero roadmaps, engagement and governance, or critical friend advisory
Upskilling: Upskill your teams with Future Food Movement
VERISCOPE: ESG INTELLIGENCE FOR THE FOOD INDUSTRY ENABLING FASTER INFORMED DECISIONS
Our regular insight report Veriscope, now in a new, digital-first format, is designed to help you get the insights you need faster; to spark ideas, develop plans and make connections that accelerate your progress. As well as useful tools such as this infographic, the latest edition unlocks:
✔ Food System Thinking – Fresh perspectives to unlock new ideas
✔ Reporting & Disclosures – The latest ESG requirements worldwide
✔ Act Now vs Future Signals – Insights to scale impact fast
Subscribe and explore our bespoke insight services by emailing hello@veris-strategies.co.uk