SLR submits response to Australian Treasury consultation on climate-related transition planning guidance

As part of SLR’s commitment to supporting Australia’s transition to a low-emissions economy, we’ve submitted our response to the Australian Treasury’s consultation on climate-related transition planning guidance.

This draft guidance comes at a pivotal time, amid the release of Australia’s first National Climate Risk Assessment, which identifies 63 nationally significant risks, and the federal government’s newly announced 2035 emissions reduction target of 62-70% below 2005 levels.

To effectively address these risks and meet national climate goals, it’s essential that transition plans are not only ambitious but also actionable, resilient, and tailored to Australia’s unique context.

We welcomed the opportunity to contribute to this consultation. Through our practical insights and feedback, SLR aims to help shape guidance that aligns with international best practice whilst responding to the domestic policy and regulatory context of Australia.

We encourage others in the business community to engage with this process and help build a robust blueprint for companies that reflect Australia’s unique challenges and opportunities ahead.