How does nature fit into your ASRS-required Transition Plan?

As companies scale up climate reporting under frameworks like the Australian Sustainability Reporting Standards (ASRS), nature remains in the blind spot of many. Nature loss, including the decline of biodiversity, ecosystem degradation, and water stress, is a potential material financial risk to businesses and is being exacerbated by the impacts of climate change. As global policy and reporting standards evolve, nature is rapidly moving to the forefront.

New guidance on nature in climate transition plans

Transition planning provides a structured framework for setting goals, defining mitigation and adaptation actions, and communicating strategies to stakeholders and investors. Under the ASRS, preparing a climate transition plan is now a mandatory disclosure requirement.

As with climate, investors increasingly seek information on how organisations intend to manage the risks and resilience issues associated with nature-related challenges.

To address this increased interest, the Taskforce on Nature-related Financial Disclosures (TNFD) has developed guidance on nature in transition planning, translating the goals and targets of the Kunming-Montreal Global Biodiversity Framework (GBF) into a structured set of forward-looking strategies, actions, and accountability mechanisms that are integrated into core business strategy.

Why this matters for your organisation

Strengthen strategic resilience:

Integrating nature into your transition plan shows how your organisation can adapt to environmental change while contributing to global biodiversity goals.

Boost investor confidence:

Clear insights into how nature‑related risks are managed help demonstrate value creation and build trust with investors.

Enhance regulatory readiness:

Aligning with TNFD will help you stay ahead of evolving disclosure expectations as the IFRS explores the integration of nature reporting into mandatory standards.

Enable holistic decision‑making:

Combining nature and climate considerations supports better assessment of trade‑offs, identification of synergies, and strategies that go beyond emissions reduction alone.

How we can support you

SLR supports companies at all stages of their nature journey. From initial identification of nature interface and understanding strategic priorities, through strategy development and reporting, through to site level implementation of action plans.