ISSB Standards S2-14a: S2.14(a): Response in strategy and decision-making, including the transition plan

The entity explains what it has done, and plans to do, in its strategy and decisions to deal with climate risks and opportunities, including how it intends to reach climate targets it has set or is obliged to meet: changes, present and expected, to how it allocates resources and to its business model (for example managing or decommissioning carbon-, energy- or water-intensive operations, demand or supply-chain driven reallocations, capital expenditure or R and D, acquisitions and divestments); direct adaptation and mitigation work, present and expected (production processes and equipment, relocation, workforce adjustments, product specifications); indirect mitigation and adaptation efforts (working with customers and supply chains); any climate-related transition plan, with its key assumptions and dependencies; and how it plans to achieve climate targets including GHG targets (33 to 36).