Climate Transition Plans as a key tool for Europe's climate future
Robust and actionable Climate Transition Plans (CTPs) are essential for the long-term survival and competitiveness of businesses. They are not just a compliance exercise: they enable us to anticipate and mitigate climate-related financial risks, effectively adapt our business strategies, and avoid unexpected costs.
CTPs, a key element of European regulations such as the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), are currently under discussion. The proposed amendment to the European sustainability directives, contained in the so-called “Omnibus package” and currently under discussion in the European Parliament, suggests removing the obligation for companies to implement PTCs, weakening a key lever for guiding the European productive fabric towards climate neutrality.
To protect this measure, based on the requests and contributions of companies in the Advocacy & Stewardship working group participating in CO2alition's 2025 program, a letter has been co-authored and will be presented to European legislators ahead of the parliamentary debate. The objective is clear: to maintain PTCs as central tools in the industrial and climate strategies of European companies, protecting competitiveness and resilience, and to simplify their adoption for small and medium-sized enterprises, making the climate transition an accessible and concrete process.
Why sign?
The letter is open to all European companies, regardless of whether they are members of CO2alizione. Signing is a sign of concrete commitment to the dissemination of credible and implementable PTCs. We call for:
Maintaining the mandatory nature of PTCs (as provided for in the CSRD and CS3D texts)
Defining clear and pragmatic guidelines for companies of all sizes
Provide tools and training for an effective transition
Among the companies that have signed to date: Achab srl SB, ANGARAVECA, ASOCIACION ECOHABITAR PARA UNA CULTURA REGENERATIVA, Aura Legal Società Benefit tra Avvocati, Baldi Finance s.p.A., Bureau veritas, CAPUA 1880 SRL, Casillo S.p.A., Chiesi Group, Cuatrotercios Sostenibilidad Estratégica SL, Delaene, EDERA Srl Impresa Sociale, FAAC S.p.A., FLORIM SPA SB, For Good Leaders Cooperative, Green Future Project Srl SB, Heres Social SCCL, Kaya - Belgian Coalition of Ecopreneurs, Kerakoll, La Chef Eco, LEAN LAWYERS, LENTO, Merakyn SRL Benefit, MUGO srl, MUTTI SPA, NATIVA, Neto Positivo, NoEsUtopía - Consulting & Research on Sustainable Tourism, Offspend SAS (Greenly), PALM SPA SB, Paula Baldó - Transformación Sostenible, Pragmetica SB srl, Redo sgr società benefit, Rural Bridge S.L., Sagelio srl SB, SANNAS, Sardex S.p.A., TRIPLE, Way2Global srl sb
PTCs are vital tools for tackling climate change responsibly, and it is essential that European policies continue to support and strengthen their implementation.
The transition to climate neutrality is a collective challenge, and every company has a fundamental role to play in this journey.
Don't miss the opportunity to be part of this action: sign the position statement at this link to make the message even stronger, more representative, and more widely shared.
