From pledges to action: why Australian organisations need a transition plan

The world has shifted since net zero targets were set. Most transition plans haven't.

Climate ambition has outpaced delivery. Public sentiment is softening, temperature projections are worsening, and Australian Accounting Standards Board Standard S2 (AASB S2) is now live, with regulators actively enforcing greenwashing. Many transition plans no longer stand up to scrutiny, and ambition without action is becoming a liability. 

Our new report sets out why the transition planning conversation has fundamentally shifted, what leading organisations are doing differently, and six practical priorities executives can act on in the next three to six months. Drawing on Baringa's own industry analysis and our role as architects of the global Transition Plan Taskforce (TPT) framework, it gives boards and executives a clear view of where the credibility gaps sit, and how to close them.

Inside the report:

• Why credibility now matters more than ambition
• Where the risks really sit, from off-track targets to intensifying regulatory scrutiny
• What "good" looks like including the TPT framework and emerging Treasury guidance
• Six priorities to reset your transition plan in the next 3 to 6 months

If your transition plan was built in a different world, it's time to reset.

Talk to our team about how we can help you assess where you stand to build transition plans that are credible, embedded and strategically advantageous.