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.

Welcome to the ESRS Knowledge Hub

You’re currently using the Starter plan, which gives you free access to explore and understand ESRS standards.

With Professional access, you can:

  • Work actively with ESRS standards
  • Save and manage relevant sections
  • Stay informed about updates
View Professional access