Transition plan

Your pathway to achieve your net zero goals

PwC helps you to set up a lean and fit -for -purpose transition plan supporting your company to meet the expectations of all your stakeholders and the regulatory requirements.

Transition plan – background and purpose in a nutshell

Switzerland signed the Paris Agreement and agreed to achieve a net zero emissions balance (climate neutrality) by 2050. According to article 5 of the Swiss Climate and Innovation Act, all companies must contribute to this net zero goal and, according to paragraph 2, should establish transition plans to achieve the defined target.

The transition plan is a strategic document that helps your company to align your business activities, assets and behaviours with a 1.5°C scenario. The credibility of this plan hinges on the extent of climate indicators disclosed and the robustness of the associated monitoring processes.

The disclosure of these plans equips investors with the information they need to finance the transition at the pace and scale required.

Transition plan as a part of the TCFD/IFRS disclosure requirement

TCFD/IFRS recommendations became de facto mandatory in Switzerland under the new Ordinance on Climate Disclosure. According to Article 3 (3) (a), companies in scope must publish a transition plan in accordance with the Swiss climate targets. The ordinance entered into force in January 2024 and companies in scope have to report in 2025 for financial year 2024.

Additionally, companies should consider the TCFD implementation aid ‘Guidance on Metrics, Targets, and Transition Plans’ as far as possible and appropriate. According to the Federal Council’s explanation, transition plans are a mandatory component of a climate report and describe the planned path to transition to a low-carbon economy.

How PwC can help you

Our service offering is designed to provide comprehensive assistance to companies in navigating the challenges of transitioning towards a more sustainable and climate-resilient future. We offer a range of services to ensure that your transition plan aligns with regulatory requirements, leverages opportunities from various climate initiatives and is well-prepared for a sustainable future. PwC is your one stop shop that can support you from the initial stages of your transition plan or provide a thorough review while infusing valuable market insights. 

Any questions?

Companies that must publish a transition plan by 2025 in accordance with the Swiss Ordinance on Climate Disclosure must not waste any time and should start preparing it immediately.

With PwC’s strong track record in the field of climate disclosure and in particular transition planning, you have a partner on your side to assist you in taking the next steps to achieve your net zero goals.

Contact us


What we offer

Societal expectations

Necessity assessment

Understanding why a transition plan is crucial in today’s evolving business landscape.

Societal expectations

Regulatory compliance guidance

Insights into the regulatory background and requirements relevant to your transition plan.

Societal expectations

Health check

Health check of your current strategies and practices, identifying areas for improvement and offering recommendations.

Societal expectations

Defining ambitions

Support in taking decisions related to the transition, impact analysis of different scenarios and definition of medium/long-term objectives, in a workshop approach. We provide insights into the market and guide the decision-making process.

Societal expectations

Target setting

Support in selecting and tracking the relevant indicators.

Societal expectations

Transition plan preparation

Support in crafting a comprehensive and customised transition plan that aligns with your sustainability goals.

Societal expectations

Stakeholder engagement

Understanding why a transition plan is crucial in today’s evolving business landscape.Engage stakeholders effectively to gather their input, enhance understanding and strengthen support for the transition plan and related policies and processes.

Societal expectations

Alignment of policies and processes

Integrate transition plan content into all applicable policies and processes, ensuring that it serves as a guiding framework throughout the organisation.

Societal expectations

Monitoring and reporting

Establish a robust system for ongoing performance monitoring and develop comprehensive internal and external reports that offer transparency and insights into the company's performance.

The benefits for clients

Societal expectations

Environmental impact

  • Reduce carbon footprint and achieve net-zero emissions.
  • Contribute to global climate change goals, aligning with the Paris Agreement.
Societal expectations

Operational excellence

  • Identify opportunities for cost savings and increased competitiveness.
  • Enhance brand reputation through improved efficiency, resource utilisation and innovation.
Societal expectations

Investment attraction

  • Attract sustainable investment with a clear and credible transition plan.
  • Meet the criteria increasingly considered by institutional investors, including environmental, social and governance (ESG) factors.
Societal expectations

Market positioning

  • Appeal to eco-conscious consumers and strengthen market position.
  • Influence purchasing decisions as consumers prioritise companies with strong environmental stances and sustainability efforts.
Societal expectations

Risk mitigation and resilience

  • Mitigate risks by preparing for regulatory changes.
  • Enhance resilience through stakeholder engagement and adaptability to market developments.

A transition plan is an aspect of an organisation’s overall business strategy that lays out a set of targets and actions supporting its transition toward a low-carbon economy, including actions such as reducing its GHG emissions.

TCFD Guidance on Metrics, Targets, and Transition Plans (October 2021)

Reach out to us to have an initial discussion on how we can assist you the best.

https://pages.pwc.ch/core-contact-page?form_id=7014L000000kkoNQAQ&lang=en&embed=true

Contact us

Dr. Antonios Koumbarakis

Partner, Sustainable Capital and Sustainability & Strategic Regulatory Leader, PwC Switzerland

+41 58 792 45 23

Email

Craig Stevenson

Partner, Sustainability & Climate Change Leader, Advisory , PwC Switzerland

+41 78 975 08 62

Email

Dr. Harald Dornheim

Partner, Actuarial and Climate Risk Modelling Solutions, PwC Switzerland

+41 58 792 17 91

Email

Natalia Dmitrieva

Director, Sustainability reporting, PwC Switzerland

+41 58 792 2195

Email

Sofie Simon

Senior Manager, Sustainability Leader for Deals Financial Services, Zurich, PwC Switzerland

+41 58 792 26 46

Email

Rahel Blumer

Manager, Sustainability & Strategic Regulatory, PwC Switzerland

+41 76 568 20 51

Email

Elena Prässler

Manager, Sustainability & Strategic Regulatory, PwC Switzerland

+41 58 792 28 24

Email