During London Climate Week, the United Nations Sustainable Stock Exchanges (UN SSE) initiative and its member exchanges helped to advance climate-related corporate disclosure and transition planning. On Tuesday, 24 June, the UN SSE worked with colleagues at the IFRS Foundation to deliver a workshop on Transition Plan Disclosures. Ms Fiona Quinlan-Wells, Training Specialist at the UN SSE, co-lead the workshop, emphasizing the critical importance of collaborative frameworks: “Effective transition plans are critical to bridging the gap between ambition and action, and this workshop represents a vital step in harmonizing global reporting standards to accelerate climate resilience.”

The momentum continued on Wednesday, 25th June, when the SSE team took part in the launch of the IFRS Transition Plan Guidance during a special market opening ceremony at the London Stock Exchange (LSE). The event gathered senior leaders from standard-setting bodies, regulators, and the financial sector, underscoring the growing global commitment to climate transparency.

That same morning, the team participated in the plenary session, where Dr. Anthony Miller, Chief Coordinator of the UN SSE, spoke on a panel alongside representatives from the International Sustainability Standards Board (ISSB) and the International Transition Plan Network (ITPN). Their discussion highlighted how the UN SSE’s work on transition plans complements IFRS guidance by equipping exchanges and issuers with practical, actionable tools.
 

Bilateral Engagements Strengthen Strategic Collaboration

In addition to the public events, the UN SSE held a series of bilateral meetings with key partners, including the IFRS Foundation, Principles for Responsible Investment (PRI), the Taskforce on Nature-related Financial Disclosures (TNFD) and other stakeholders. Discussions with IFRS focused on strengthening joint market capacity-building initiatives under the ISSB framework to support the implementation of sustainability disclosure standards. Meetings with PRI explored opportunities to align action on net zero, emphasizing the importance of joint collaboration to drive systemic change across financial markets. Meeting the CEO of TNFD, Mr Tony Goldner, the team discussed future collaborations in support of nature and biodiversity. These engagements reinforced the commitment of all parties to advancing high-quality, globally consistent sustainability reporting and transition planning.

UN SSE Launches new Model Guidance on Transition Plans

A major milestone was reached on Thursday, 26 June, with the official launch of the UN SSE’s Model Guidance on Climate Transition Plans during the LSE’s market opening ceremony. Developed through a comprehensive process involving a 69-member multi-stakeholder Advisory Group representing 40 organizations, the Model Guidance offers exchanges a flexible yet robust framework to support issuers in preparing and disclosing climate transition plans aligned with best practices.

"Stock exchanges are uniquely positioned to accelerate climate action by shaping the information environment in which capital allocation decisions are made. This Guidance empowers exchanges to support listed companies in developing credible and transparent transition plans that meet the expectations of investors and society alike." Julia Hoggett, CEO of the London Stock Exchange, Co-Chair of the UN SSE Climate Transition Plan Advisory Group

"SGX remains steadfast in our mission to support the transformation of capital markets in Singapore, across Asia, and globally. We are proud to support the UN SSE’s efforts and look forward to continued collaboration in building resilient, trusted, and sustainable markets for the future." Ng Yao Loong, Head of Equities at SGX Group and Co-Chair of the UN SSE Climate Transition Plan Advisory Group

Dr. Anthony Miller from the UN SSE welcomed the leadership of the stock exchange community, adding: “Climate transition planning is central to corporate sustainability in the era of global climate crisis. By applying the UN SSE Model Guidance in their markets, exchanges can provide leadership in helping companies manage climate-related risks and unlock investment opportunities as the world moves to a net-zero emissions economy.”

Source: UN SSE

The UN SSE Model Guidance is designed as a practical, adaptable tool that integrates leading international frameworks and market practices. It provides exchanges worldwide with a consistent yet customizable approach to foster transparent, credible, and regionally relevant climate transition disclosures in their markets. This landmark resource is now publicly available and aims to accelerate the global transition to a low-carbon economy by empowering exchanges to support their issuers effectively.

World Climate Investment Summit and Media Engagement

Following the market opening ceremony and the launch of the Model Guidance, the UN SSE team participated in the World Climate Investment Summit, also held at the London Stock Exchange. Dr. Anthony Miller delivered a keynote address to open the summit, welcoming participants and setting the stage for a day of dialogue and action around sustainable finance and investment in the transition to a net-zero economy.

Additionally, as part of the launch event, Dr. Miller took part in a televised interview alongside Julia Hoggett and Ng Yao Loong, the two Co-Chairs of the UN SSE Climate Transition Plan Advisory Group. The segment focused on the newly released Model Guidance and discussed the critical importance of climate transition planning for market participants.

Watch the interview here