Transição Financeira para Empresas em Transformação

The Climate Bonds Initiative (CBI) outlines a proposal to certify 'credible' corporate transitions by requiring companies to meet five specific attributes: Paris-aligned goals, robust plans, implementation action, internal monitoring, and external reporting. This framework aims to bridge the gap between high-level market guidance and complex corporate assessment frameworks, providing a standardized, science-based approach to evaluate whether a company's transition is sufficiently ambitious and robust to align with global net-zero goals by 2050.

• The sustainable finance market is growing, with Green, Social, and Sustainability (GSS) bonds and Sustainability-Linked Bonds (SLBs) totaling USD 496.1 billion in the first half of 2021.
• High-carbon sectors, including industrial and fossil-fuel dependent sectors, are significantly more active in the SLB market than in the Use-of-Proceeds (UoP) green bond market.
• Current transition finance instruments face credibility issues due to a lack of ambition and the use of entity-specific KPIs that are difficult to compare with peers or Paris Agreement goals, leading to concerns about greenwashing.
• CBI proposes five essential attributes for a credible corporate transition: Paris-aligned goals, robust plans, implementation action, internal monitoring, and external reporting.
• Credible goals must be based on a common sectoral decarbonization pathway and include specific company KPIs covering Scope 1, 2, and 3 emissions across short (to 2025), medium (2025-2030), and long-term (2030-2050) horizons.
• A robust transition plan must include a detailed financing plan that addresses capital expenditures (CapEx), operating expenses (OpEx), and R&D, as well as a clear methodology for aligning these expenses with the selected KPIs.
• CBI suggests categorizing companies into 'Green Transition' (those meeting or exceeding sectoral pathways) and 'Intermediate Transition' (those moving toward the pathway), with the latter having a limited time window, potentially until 2025.
• For a transition to be certified as credible, a company must satisfy all elements of all five proposed attributes; no weighting or scoring system is proposed to offset poor performance in one area with success in another.

APA

Creed, A., & Horsfield, M. (2021). Transição Financeira para Empresas em Transformação. Climate Bonds Initiative. https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Transition-Finance-for-Transforming-Companies_PT_Sep-2022.pdf

Chicago

Creed, Anna, and Michelle Horsfield. Transição Financeira para Empresas em Transformação. Climate Bonds Initiative, 2021. https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Transition-Finance-for-Transforming-Companies_PT_Sep-2022.pdf.

Wikipedia

{{cite report |last1=Creed |first1=Anna |last2=Horsfield |first2=Michelle |title=Transição Financeira para Empresas em Transformação |publisher=Climate Bonds Initiative |date=10 September 2021 |url=https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Transition-Finance-for-Transforming-Companies_PT_Sep-2022.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{creed2021transio, author = {Creed, Anna and Horsfield, Michelle}, title = {{Transição Financeira para Empresas em Transformação}}, institution = {Climate Bonds Initiative}, year = {2021}, month = sep, url = {https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Transition-Finance-for-Transforming-Companies_PT_Sep-2022.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }