Voluntarily Scheduled Resource Guidelines – Second Draft Report and Guidelines

AGL welcomes the opportunity to provide feedback to Treasury’s Climate-related Transition Planning Guidance. We are supportive of the work underway by Treasury to support best practice transition planning, and more broadly, a sustainable economy.

We highlight the following key points in our submission:

• Advice on commitment setting: more guidance around terminology and approach to setting and disclosing decarbonisation commitments.
• Clear sector-specific advice: clear and direct guidance on sector-specific best practice to improve transparency and comparability of climate transition plans.
• Guidance on carbon offsets: advice on using carbon offsets as part of transition plans.
• Balancing flexibility with specificity: we support the flexible and voluntary approach used in the guidance, allowing organisations to choose the direction that suits them best.
   

Read the submission (PDF)