The financial sector is at a turning point. Transition planning is rapidly becoming a fundamental requirement—ensuring that institutions align their financing decisions with global climate goals.
To support this shift, ISO is developing a new international standard that will help financial institutions to implement high-integrity, transparent, and consistent transition plans.
Why it matters now
The way financial institutions plan for transition is evolving—now is the time to help shape an internationally recognized framework that ensures credibility, transparency, and real impact. Financial organizations are under increasing pressure to show how their strategies support net zero targets and climate resilience. This ISO standard provides a globally aligned response to that challenge.
About the standard
The ISO Net Zero Transition Planning for Financial Institutions standard will:
- Set out core principles and requirements for credible transition planning processes
- Draw on the work of GFANZ, the UK’s TPT Disclosure Framework, OECD/G20, and others
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Be applicable to financial institutions of all types and sizes, across all jurisdictions
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Support governance, systems, and controls that underpin transition planning
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Enable independent assurance and verification through ISO’s global conformity assessment ecosystem
The standard focuses on real economy impacts—helping financial institutions move beyond disclosure to drive transformation through their financing strategies.
Discover More
See how ISO 32212 complements global frameworks and supports real-world impact:
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Read our latest blog exploring the broader role of ISO 32212 in accelerating credible climate action across the financial system.
Read the blog -
Watch our webinar to explore what the new ISO Net Zero Transition Planning standard means for finance, and how your institution can help shape it. Featuring insights from ISO and BSI experts, climate leaders from IIGCC, CRIEPI, TPI and LSE, and a live audience Q&A.
Watch the webinar here -
Access the official press release for a concise overview of the public consultation and why it marks a pivotal step for sustainable finance.
View the press release
Understand the vision, key components, and timeline behind the new standard by reading the full project overview.
Access the latest FAQs document for further clarification and ongoing updates.
How to get involved
From mid-June to mid-August 2025, the UK public consultation phase is open. This is your opportunity to influence the final version of the standard.
✔️ Provide feedback to ensure the standard is practical, effective, and globally relevant.
✔️ Join our upcoming engagement activities including roundtables, and briefings.
✔️ Stay informed through our updates and thought leadership.
How to get involved
The public consultation is now open. Share your feedback on the draft standard and help shape a globally aligned approach to credible climate transition planning in finance.
Submit your feedback to the consultation
To receive updates and insights as the standard progresses register below:
For more information please contact your national standards body or contact:
UK: Asky Desta - asky.desta@bsigroup.com | asky.desta@bsigroup.com
International:
Mike Henigan – ISO/TC 322 Secretariat | mike.henigan@bsigroup.com
Lois Appleyard – ISO/TC 322/WG 4 Working Group Secretariat | lois.appleyard@bsigroup.com
