The Climate Change Cluster's activity in 2025 focuses on one of the most important trends in climate change. 5 trends of this year's business agenda: the implementation of climate transition plans in our business model.

While it is crucial to further strengthen the commitment to net zero emissions, it is imperative to analyze climate transition plans, it is imperative to look at climate transition plans. In contrast to decarbonization strategies, transition plans have the detail and depth necessary to reflect the effort made to combat climate change. Companies must know how to show strategies that are measurable, credible and transparent.. A structured transition plan helps to objectives and their implementation.

• In the first part of this edition, we will lay the groundwork regarding climate transition plansand highlighting their relevance in today's business landscape. current business landscape.. The initial objective lies in creating a common understanding of these. This will be achieved through the dissemination of accurate information about the plansand available measures to encourage critical reflection and collective action in the search for sustainable solutions.
• In the middle of the year, we will continue to make progress on our transition plans. Based on a study of the level of maturity of the group's companies in this area, we will work on priority areas for improvement and opportunity, helping them to start defining or perfecting their plans, taking into account their capabilities, resources and operational context. Along these lines, common barriers and practical solutions will be identified in the design and implementation of the plan..
• At the close of this edition, the public event 'Net-Zero Spanish Business Forum' will be held, with the participation of high-level representatives of the leading companies in the initiative, as well as institutional representation. This event will be focused on business strategies for the implementation of climate transition plans.

Forética, as a national partner of the World Business Council for Sustainable Development (WBCSD), as a national partner of the World Business Council for Sustainable Development (WBCSD) maintains a direct relationship of collaboration with the areas involved in climate action issues. In addition, there is close collaboration with We Mean Business Coalitiona global coalition that works with the world's most influential companies to take action against climate change. We also collaborate with the World Benchmarking Alliance, an international organization known for its Climate & Energy Benchmark, whose mission is to measure the real impact of companies on society and our planet.

On the other hand, Forética andForética and the Ministry for Ecological Transition and the Demographic Challenge maintain a close collaboration to promote sustainable and environmentally responsible business management, which includes collaboration and dialogue on climate change and allows us to monitor Spain's progress in this area. We also collaborate regularly with the Spanish Office of Climate Change (OECC) which depends on the Ministry.

We also maintain strategic alliances with Innovate4Climate, Smart City Expo World Congress or the National Environmental Congress (CONAMA), among others.