Companies with transition plans are required to disclose information about them when applying IFRS S2. The IFRS Foundation is now responsible for the Transition Plan Taskforce's disclosure-specific materials that can help companies with these disclosures. These resources are available below.
This content was authored by the Transition Plan Taskforce. The IFRS Foundation is not responsible for its accuracy. Your use of the content is subject to the disclaimer.
TPT Disclosure Framework
The Transition Plan Taskforce (TPT) Disclosure Framework (Framework) sets out good practice for robust and credible transition plan disclosures. The Framework provides a set of disclosure recommendations that an entity can use as guidance on how to report more effectively on the transition plan-related aspects of IFRS S2 Climate-related Disclosures, as part of wider sustainability-related disclosures in its general purpose financial reports.
Read the TPT Disclosure Framework.
Explore the Disclosure Recommendations
The Explore the Disclosure Recommendations guidance steps through the TPT Disclosure Framework and provides guidance on why each element and sub-element is important to users. This is accompanied by additional disclosure considerations that preparers may want to take into account when preparing their disclosures.
Read the Explore the Disclosure Recommendations.
Sector Summary
The Sector Summary provides an overview of transition plan guidance for 30 financial and real economy sectors. It is a practical guide to give preparers and users of transition plans a glance of key information and guidance sources. Each of the sectors in the guidance has a short sector summary which includes recognised decarbonisation levers; metrics and targets; and key sources of guidance for a transition plan in that sector. All information within the sector summary was drawn from existing guidance sources.
Read the Sector Summary.
Asset Managers Sector Guidance
The Asset Managers Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Asset Managers Sector Guidance.
Asset Owners Sector Guidance
The Asset Owners Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Asset Owners Sector Guidance.
Banks Sector Guidance
The Banks Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Banks Sector Guidance.
Electric Utilities & Power Generators Sector Guidance
The Banks Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Food & Beverage Sector Guidance
The Food & Beverage Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Food & Beverage Sector Guidance.
Metals & Mining Sector Guidance
The Metals & Mining Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Metals & Mining Sector Guidance.
Oil & Gas Sector Guidance
The Oil & Gas Sector Guidance supports preparers and users to interpret the TPT Disclosure Framework by setting out sector-specific suggestions of disclosures that entities 'should consider disclosing'. None of the suggestions in this Guidance replace the disclosure recommendations in the TPT Disclosure Framework; they are complementary and intended to help preparers interpret the Framework. These suggestions of disclosures are accompanied by further considerations and references to external guidance that preparers may find useful.
Read the Oil & Gas Sector Guidance.
TCFD Recommendations and Guidance–TPT Disclosure Framework Technical Mapping
The TPT–TCFD Mapping sets out the main provisions of the TCFD recommendations and accompanying guidance relevant to transition planning. For each TCFD provision, the mapping identifies the TPT disclosure recommendation(s) that an entity may wish to consider as a source of guidance.
Read the TCFD Recommendations and Guidance–TPT Disclosure Framework Technical Mapping.
IFRS S2 Climate-related Disclosures–TPT Disclosure Framework Technical Mapping
The TPT–IFRS S2 Mapping sets out the main provision in IFRS S2 Climate-related Disclosures that contain disclosure requirements relevant to transition planning. For each provision, the TPT has identified the recommendations in the TPT Framework that an entity may wish to consider as a source of additional guidance when making its disclosures.
Read the IFRS S2 Climate-related Disclosures–TPT Disclosure Framework Technical Mapping.
TPT Disclosure Framework–European Sustainability Reporting Standards Comparison
The TPT-ESRS Comparison identifies, for each TPT recommendation, relevant provisions of ESRS 2 General Disclosures and ESRS E1 Climate Change that require disclosure of related information.
Read the TPT Disclosure Framework–European Sustainability Reporting Standards Comparison.