Transition planning is the missing link between setting and achieving net zero, nature-positive, and social commitments by embedding them into business operations. Without it, companies face expanding risks – from regulatory misalignment to higher capital costs and shrinking access to credit. With it, businesses can protect and create value, align commercial and sustainability goals, and accelerate the shift to a just, low-carbon economy. A robust transition plan provides the blueprint for this multi-year change process, ensuring clear accountability, cross-functional collaboration, and effective implementation.