Published date: 10 February 2023

Last edited date: 2 March 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 7 March 2023, 12pm

Contract summary

Industry

  • Research and experimental development services - 73100000

  • Research and development consultancy services - 73200000

  • Design and execution of research and development - 73300000

Location of contract

United Kingdom

Value of contract

£30,000 to £40,000

Procurement reference

WWF/CF023/0031

Published date

10 February 2023

Closing date

7 March 2023

Closing time

12pm

Contract start date

27 March 2023

Contract end date

31 May 2023

Contract type

Service contract

Procedure type

Open procedure (below threshold)

Any interested supplier may submit a tender in response to an opportunity notice.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Please read Invitation to Tender PDF doc for full information.

Background:
WWF-UK's finance and economics policy teams work to ensure that the financial system and economy decarbonise, counter the damaging effects of climate change and deliver a nature-positive future.
Transition plans have been promoted as one of the key routes by which the UK's (and the world's) finance sector and economy will reach net zero. In 2022, a government-backed Transition Plan Taskforce was set up in the UK to look at developing gold standard private sector climate transition plans. The government committed to making disclosure of these plans mandatory for listed companies and financial institutions.

Whilst these plans are primarily designed for climate disclosure, WWF-UK have been exploring how nature could also be incorporated into transition plans.
Why WWF-UK needs this project to be carried out:

The government's theory of change is that in requiring financial institutions and listed companies to disclose transition plans for their Scope 1, 2 and 3 emissions, it will create market pressure on them to ensure that those plans are credible and will place the same pressure on all the companies in their financing and supply chains. In other words, disclosure will generate the pressure for transition plans to be credible and acted on by companies.

While disclosure is important, we would like to explore its effectiveness and to what extent additional regulatory and accountability requirements would be needed to ensure that transition planning drives real world decarbonisation required to deliver on the UK's net zero commitments.

This project aims to understand (a) to what extent current transition plan disclosure requirements, as announced by the UK government and developed through the UK TPT, will help to deliver rapid decarbonisation, and (b) to what extent further action beyond existing commitments and guidance is required from government (and regulators) to ensure that transition planning and its disclosure is robust/credible, easily and widely adopted by FIs and other key stakeholders, and ultimately drives rapid decarbonisation.

More information

Attachments

About the buyer

Contact name

Laurence Picton

Address

Rufford House,The Living Planet Centre, Brewery Road
WOKING
GU214LL
England

Telephone

01483 412290

Email

lpicton@wwf.org.uk