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A framework for assessing and managing dependencies in corporate transition plans
Adrien Rose1, Gireesh Shrimali1, Krista Halttunen1
1Oxford Sustainable Finance Programme, Smith School of Enterprise and the Environment, University of Oxford, OX1 3QY Oxford, UK.
Iscience
|July 15, 2025
Summary
Companies need to consider external factors for successful climate transition plans (CTPs). This study introduces transition plan dependencies, offering frameworks to identify, quantify, and manage these crucial external influences.
Area of Science:
- Environmental Science
- Business Strategy
- Climate Policy
Background:
- Corporate climate transition plans (CTPs) are crucial for climate change mitigation.
- Existing CTP frameworks often overlook external factors influencing plan success.
- There's a growing need to address factors beyond a company's direct control.
Purpose of the Study:
- Introduce the concept of transition plan dependencies.
- Develop frameworks and metrics for identifying, quantifying, and managing external influences on CTPs.
- Enhance the analysis and management of corporate climate transition plans.
Main Methods:
- Systematic literature review.
- Semi-structured interviews.
- Development of conceptual frameworks and quantitative metrics.
Main Results:
- Identified key external factors influencing CTP implementation (economic, technological, policy, sectoral).
- Proposed novel frameworks and metrics for dependency analysis.
- Illustrated application with sectoral examples.
Conclusions:
- Transition plan dependencies are critical for effective climate action.
- The proposed frameworks provide a foundation for better CTP management.
- Further research and practical application are needed to refine dependency analysis.
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