Transition Planning for Banks - 12 tips for Board Directors

Resource Description: This resource summarises a CGI and McKinsey webinar on how bank boards can oversee credible transition planning amid evolving global regulatory expectations.

Key Insights:

1. Explains how transition planning has evolved from a regulatory and strategic perspective, emphasising credible, quantifiable, and operationally embedded plans
2. Analyses diverging regional approaches, noting Europe’s regulatory integration vs a US retreat from climate alliances
3. Identifies key regulatory trends, including broader coverage of nature and social factors and scenario-based risk assessments
4. Provides 12 practical tips for board directors

Why This Matters: As regulators demand greater accountability on climate commitments, bank boards can play a pivotal role in supporting credible and resilient transition strategies. This resource aims to equip directors to move beyond compliance toward using transition plans as strategic tools for risk management, competitiveness, and long-term value creation