Low-Carbon Transition Plans Disclosure

Committee:
Sustainability & Social Responsibility
status:
New
Published:
While companies are improving GHG emissions reporting and engaging in global disclosure frameworks such as CDP and TCFD, concerns persist about weaknesses in low-carbon transition plans supporting the achievement of long-term decarbonization goals.

Recommendations

  • The Japanese government should mandate companies to disclose comprehensive low-carbon transition plans as part of their sustainability reporting. Transition plans should be defined based on leading international frameworks such as TPT. This should include clear targets, timelines, strategies to transition to low-carbon practices, and regular reporting of progress.