You've filed your first Climate Statement.
Now comes the harder conversation.
What Group 1 reporting mangers wish they'd known. And what Group 2 & 3 leaders can learn from them.
Australia's first mandatory climate reports are in.
And the leaders who got there aren't quietly celebrating. They're sharing something far more useful: the truth about what they wish they'd known before they started.
The governance conversations that blindsided them. The Board pushback they didn't anticipate. The scenario analysis questions no one warned them were coming.
I've been working alongside Group 1 reporters throughout this process — and together with Rennie Advisory and Unravel Carbon, we've captured the real lessons. Not the polished ones. The honest ones.
Inside this paper you'll find:
- Governance — Why Boards are now personally on the hook, and how to prepare them for that reality.
- Strategy & Scenario Analysis — The questions your leadership team will ask (and how to answer them confidently).
- Transition Plans — What makes the difference between a plan that withstands scrutiny and one that doesn't.
- Risk Management — Why integrating climate risk into your existing enterprise framework matters more than you think.
- Metrics & Targets — Where the data gaps are, and how to get ahead of them.
- Assurance — What's required now, what's coming, and how to build toward it without being caught off guard.
This paper is for you if you're a sustainability lead, CFO, company secretary, or risk manager in a Group 2 or Group 3 organisation — and you want to learn from the people who've already been through it.
You don't need to wait for your own hard lessons.

