The Australian Treasury has released a consultation on a proposed climate-related transition planning guidance, inviting feedback on a draft proposal and design principles.

This consultation follows up on commitments from the Sustainable Finance Roadmap to support credible transition planning. The PRI’s submission highlights the importance for corporate transition planning to create a positive feedback loop with national net zero commitments and transition plans and provides recommendations on how the guide can be better designed to serve this objective.

Read the response in full below.