Having a credible climate transition plan is becoming more important for accessing capital, driving business efficiencies, and for complying with regulatory and market demands. This year’s CDP report assesses the disclosure of over 23,200 organizations from 14 industries across 129 countries against CDP’s 21 key climate transition plan indicators. This assessment will establish that the current state of climate transition plan disclosure is accelerating in some areas, industries and regions. However, in analyzing these perspectives, the report will reflect the wide-reaching need for greater guidance on credible climate transition plans. In response to this, this report introduces the concept of CDP’s Transition Plan Journey to support disclosers in preparing credible plans and data users in assessing progress.