How a Bank Builds a Climate Transition Plan
Eight steps, nine to fifteen months from a reasonable base. The financed emissions baseline is the schedule, and most programmes underestimate it.
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Analysis on UAE and GCC ESG, climate risk, and assurance.
Practitioner perspectives on regulatory developments, methodology questions, and the issues we see most often in client work, written by senior team members actively delivering engagements across the Gulf.
2026
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IFRS S2 Does Not Require You to Have a Transition Plan
IFRS S2 requires disclosure of a transition plan if one exists, at paragraph 14(a). It does not require an entity to have one. The distinction changes who the real driver is.
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SBTi Near-Term and Net-Zero Targets for Corporates
A near-term target and a net-zero target are different commitments. What SBTi's current standards ask, what V2.0 changes, and where companies get the sequence wrong.
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SBTi FINZ Deadline for Banks: What Changed and What FINZ Asks
There is no December 2026 FINZ deadline. SBTi extended the window, then in October 2026 kept both its bank frameworks open with no end date. What FINZ asks of a bank.
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Financed Emissions or Customer Alignment: The FINZ Choice
SBTi's FINZ lets an institution focus on financed emissions or customer net-zero alignment. The two routes need different data and different client conversations.
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What FINZ Asks of Banks on Fossil Fuel Finance
SBTi FINZ requires a fossil fuel transition policy: no coal expansion finance, no project finance for new oil and gas expansion, and no corporate finance to expanders by 2030.
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SBTi FLAG: Land and Agriculture Emissions Explained
FLAG covers forest, land and agriculture emissions, which behave differently from fossil emissions and need their own targets. Why Gulf food importers are in scope.
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Which SBTi Sector Guidance Applies to You?
SBTi publishes guidance for buildings, transport, steel, cement, maritime, FLAG, power, aviation, chemicals and apparel. What exists, its vintage, and why oil and gas has no route.
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Is a Transition Plan Actually Required in Jordan or the GCC?
CBJ Regulations No. 2 of 2025 require climate risk management, not a transition plan. CBJ has signalled one for later. What a bank in Jordan owes its regulator today.
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Who Owns Transition Plan Guidance Now: TPT, IFRS and GFANZ
Two of the three bodies behind transition plan guidance no longer exist in the form their documents suggest. What replaced them, and which framework to cite in 2026.