Glossary
2025 Draft Simplified ESRS

Transition plan

A specific type of action plan that is adopted by the undertaking in relation to a strategic decision and that addresses:

(a) a public policy objective; and/or

(b) an entity-specific action plan organised as a structured set of targets and actions, associated with:

(i) a key strategic decision;

(ii) a major change in business model; and particularly

(iii) important actions and allocated resources.