Originally published on GoDaddy Resource Library

What does “Your Work. Global Impact.” mean to you personally? 

One of the things I’ve appreciated most in my nine years at GoDaddy is that your impact isn’t determined by where you sit—it’s determined by the ownership you take. That’s what “Your Work. Global Impact.” means to me. 

When I helped build one of the first engineering teams in India, we weren’t asked to simply implement ideas coming from another geography. We were given ownership of GoDaddy’s pricing platform, a platform that’s central to every purchase our customers make. My team owns the architecture, technical direction, and execution of that platform, working alongside colleagues across the globe as equal partners. 

What’s been equally exciting is seeing that same philosophy expand across the company. Over the past few years, we’ve not only grown our engineering presence in India but also started building product management teams here. That speaks volumes about the confidence GoDaddy has in its people. Even though most of our customers are in North America and DEM markets, the expectation is the same for everyone—we’re expected to deeply understand our customers, make thoughtful decisions on their behalf, and build products that help them succeed.  

We consistently connect our engineering decisions to customer and business outcomes, so it’s never difficult to see why the work we do matters. 

Of course, that ownership comes with accountability. When things go well, great work is celebrated publicly and the teams behind it are recognized. When they don’t, we’re expected to own the outcome, learn from it, and make our products and platforms better. 

To me, that’s what “Your Work. Global Impact.” truly means: meaningful ownership, real accountability, and the opportunity to influence products that serve millions of customers, regardless of where you’re based. 

a group of people posing for a photo in front of a tall building

What principles guide your decision-making when balancing speed of delivery with product stability? 

One of the things I’ve been incredibly fortunate about during my nine years at GoDaddy is the opportunity to learn from some exceptional leaders. At different stages of my career, I’ve reached out to senior leaders across the company for mentorship, and they’ve always been generous with their time and perspectives. One of those mentors was Travis Muhlestein, our Product and AI CTO, who shared an insight a couple of years ago that fundamentally changed the way I make such decisions. 

Like many engineering leaders, I used to think about the classic trade-off between speed, quality, and cost. Travis challenged me to think about a fourth dimension: scope. Rather than compromising on quality or stretching timelines, he encouraged me to focus on delivering the smallest meaningful outcome first, then iterate quickly based on what we learn. It’s a simple idea, but it’s had a profound impact on how I approach software delivery and lead engineering teams. 

For me, quality is non-negotiable. It’s not something you validate at the end of a project—it’s something you build into every stage of the software development lifecycle. That includes thoughtful design, comprehensive testing, observability, monitoring, resilience, and security. Over the past few years, GoDaddy has made a significant investment in shifting security left, making it an integral part of how we build software rather than an afterthought. Today, security considerations begin as early as requirements gathering and system design, and that mindset has become second nature for my teams. 

AI has made this approach even more effective. It helps us move from idea to production much faster without compromising on quality or security. The goal isn’t simply to ship faster—it’s to deliver meaningful value continuously while preserving the trust our customers place in us. 

What’s a challenge you overcame that shaped your career trajectory? 

When I joined GoDaddy in 2017 as a Senior Engineering Manager, I thought I was a strong technical leader. That assumption only lasted a few weeks.

I quickly realized that the engineering bar at GoDaddy was unlike anything I had experienced before. Leaders were expected to be deeply hands-on, my VP was still writing production code, and I found myself surrounded by engineers whose technical depth I genuinely admired. It was both inspiring and intimidating. 

I quickly realized there wasn’t a shortcut. At GoDaddy, engineering leaders are expected to be deeply technical and lead from the front. Relying on my past experience wasn’t going to be enough. If I wanted to succeed here, I needed to raise my technical game—and fast. 

I spent much of 2018 relearning, experimenting, and investing countless hours outside of work to sharpen my technical skills. My team, my manager, and the broader engineering organization challenged me every day, but they also gave me the support and space to grow. Looking back, that combination of high expectations and genuine support was one of the greatest gifts of my career. 

By the end of that year, earning my manager’s confidence—someone I deeply respected for both his technical expertise and leadership—was incredibly satisfying. It validated not just the progress I’d made, but the mindset I’d adopted. 

That experience fundamentally changed how I think about growth. No matter your title or experience, there’s always something new to learn. To this day, I continue to invest in my technical growth, setting aside at least four hours every weekend to learn new technologies, build side projects, and stay hands-on. It not only keeps me curious and challenged, but also helps me ask better questions, make better engineering decisions, and better support my engineers as they solve increasingly complex problems. 

What excites you about GoDaddy’s AI future? 

What excites me most about GoDaddy’s AI future is actually the same thing that excites me about GoDaddy’s future in general—our culture of learning. 

I’ve seen this playbook before. Back in 2018, when GoDaddy made the strategic decision to migrate to AWS, the company didn’t just create a small group of cloud experts and ask everyone else to depend on them. Instead, it invested in every employee. We received training, access to hands-on learning, and even a monthly AWS budget to experiment, build side projects, and learn by doing. Within a relatively short period of time, cloud skills had spread across the entire organization. Even our product managers and program managers were learning AWS because understanding the technology helped them make better product and business decisions. 

What’s exciting is seeing that same philosophy applied to AI today. Everyone has access to AI tools along with the freedom to experiment responsibly. More importantly, we’ve created a culture where people actively share what they’re learning through demos, showcases, and everyday collaboration. AI isn’t something that’s happening to us—it’s something we’re learning together. 

That same mindset is also shaping the products we build for our customers. Experiences like GoDaddy Airo help entrepreneurs turn an idea into a professional online presence in minutes, while initiatives like Agent Name Service (ANS) are helping shape open standards for trusted AI agent identity on the internet. By contributing to technologies like ANS, GoDaddy isn’t just adopting AI internally—we’re helping build the infrastructure that will enable AI to operate safely, transparently, and at internet scale.  

For me, that’s what makes GoDaddy’s AI future so exciting. It’s not just about adopting the latest technology—it’s about creating a culture where every employee, not just engineers, has the opportunity to learn, experiment, and innovate.

More importantly, it’s a culture where no one gets left behind. As AI continues to reshape our industry, I believe that commitment to investing in people will be one of GoDaddy’s greatest competitive advantages, helping us build better products, create better customer experiences, and shape the future of the open internet. 

What advice would you give engineers considering GoDaddy India? 

My biggest piece of advice isn’t specific to GoDaddy—it’s something I’d recommend before joining any company. Don’t just evaluate the role; evaluate the culture. 

Talk to people who work there. If you know someone, ask them about their experience. If you don’t, ask thoughtful questions during your interviews. Try to understand how engineers are empowered, how decisions are made, how people learn and grow, and what the expectations are. You’re not just choosing your next job—you’re choosing the environment where you’ll spend a significant part of your life and build the next chapter of your career. 

What’s kept me at GoDaddy for nine years comes down to four things: meaningful ownership, a culture that truly champions continuous learning, consistently high engineering standards, and leaders who genuinely invest in the growth of their people. Those are the qualities I would encourage every engineer to look for, regardless of where they decide to work. 

Technology is evolving faster than ever, and that’s what makes this such an exciting time to be an engineer. Stay curious, keep learning, and don’t be afraid to embrace change. The engineers who continue to grow, experiment, and challenge themselves will always find opportunities to make an impact. 

If that kind of culture resonates with you, I’d encourage you to explore GoDaddy. Attend one of our engineering events, connect with people who work here, or reach out to me on LinkedIn. I’d always be happy to share my experience and tell you what it’s like to build meaningful products and services that help more than 20 million entrepreneurs and small businesses focus on what matters most — pursuing their dreams. 

Are you enjoying this series and want to know more about life at GoDaddy? Check out our GoDaddy Life social pages! Follow us to meet our team, learn more about our culture (Teams, ERGs, Locations), careers, and so much more. You’re more than just your day job, so come propel your career with us.

In this episode, host Charlotte Buffoni is joined by Deepak from Chola MS Risk in India and Giorgia McGuigan from Peter J Ramsey and Associates in Australia to explore how psychosocial risk, mental health and human behaviour are reshaping EHS practice.

They discuss why fatigue, production pressure, impractical procedures and fear of speaking up can affect both wellbeing and physical safety. The guests compare approaches in India and Australia, including workforce consultation, behavioural science and the role of frontline leaders in creating safer choices.
The conversation makes the case for looking beyond individual resilience or counselling alone. Organisations need to understand the conditions people work in, address risks across EHS, HR and operations, and adapt shared principles to local cultures and requirements.

Listen Now

Time Stamps

  • 00:00:03 – Introduction: Psychosocial risk and a broader view of EHS
  • 00:01:34 – Introducing perspectives from India and Australia
  • 00:02:15 – Why psychosocial safety is gaining attention
  • 00:03:56 – How human factors influence safe choices
  • 00:05:43 – Australia: From compliance to practical risk management
  • 00:07:31 – Workplace consultation and preventative support
  • 00:08:57 – Balancing immediate help with long-term prevention
  • 00:09:17 – Organisations seek guidance on psychosocial risks
  • 00:10:26 – Beyond traditional behaviour-based safety
  • 00:13:11 – Understanding why unsafe behaviour occurs
  • 00:15:31 – Procedures, change and barriers to speaking up
  • 00:17:20 – Comparing operational risks across regions
  • 00:20:32 – Leadership and common mental health myths
  • 00:23:29 – Why mental health is an organisation-wide issue
  • 00:25:50 – Global principles and local approaches
  • 00:26:21 – Fairness, respect and cultural context
  • 00:30:47 – Integrating psychosocial risk into EHS systems
  • 00:34:53 – Leadership, culture and frontline safety
  • 00:40:28 – From incident response to prediction and prevention
  • 00:43:37 – Closing reflections and where to follow the series

Guest Quotes

Giorgia McGuigan:
“We have to consult our workforce. We have to reflect on the changes. We have to assess the risk and then action the risk.”

Deepak:
“We have to look at the systems, the culture that we have driven.”

In this episode, host Charlotte Buffoni is joined by Deepak from Chola MS Risk in India and Giorgia McGuigan from Peter J Ramsey and Associates in Australia to explore how psychosocial risk, mental health and human behaviour are reshaping EHS practice.

They discuss why fatigue, production pressure, impractical procedures and fear of speaking up can affect both wellbeing and physical safety. The guests compare approaches in India and Australia, including workforce consultation, behavioural science and the role of frontline leaders in creating safer choices.
The conversation makes the case for looking beyond individual resilience or counselling alone. Organisations need to understand the conditions people work in, address risks across EHS, HR and operations, and adapt shared principles to local cultures and requirements.

Listen Now

Time Stamps

  • 00:00:03 – Introduction: Psychosocial risk and a broader view of EHS
  • 00:01:34 – Introducing perspectives from India and Australia
  • 00:02:15 – Why psychosocial safety is gaining attention
  • 00:03:56 – How human factors influence safe choices
  • 00:05:43 – Australia: From compliance to practical risk management
  • 00:07:31 – Workplace consultation and preventative support
  • 00:08:57 – Balancing immediate help with long-term prevention
  • 00:09:17 – Organisations seek guidance on psychosocial risks
  • 00:10:26 – Beyond traditional behaviour-based safety
  • 00:13:11 – Understanding why unsafe behaviour occurs
  • 00:15:31 – Procedures, change and barriers to speaking up
  • 00:17:20 – Comparing operational risks across regions
  • 00:20:32 – Leadership and common mental health myths
  • 00:23:29 – Why mental health is an organisation-wide issue
  • 00:25:50 – Global principles and local approaches
  • 00:26:21 – Fairness, respect and cultural context
  • 00:30:47 – Integrating psychosocial risk into EHS systems
  • 00:34:53 – Leadership, culture and frontline safety
  • 00:40:28 – From incident response to prediction and prevention
  • 00:43:37 – Closing reflections and where to follow the series

Guest Quotes

Giorgia McGuigan:
“We have to consult our workforce. We have to reflect on the changes. We have to assess the risk and then action the risk.”

Deepak:
“We have to look at the systems, the culture that we have driven.”

Accelerating climate impacts and evolving stakeholder expectations are now influencing the business of global finance. In response to the uncertainties of this present era, climate transition planning in particular and sustainable finance more broadly have started taking up more space in consultancies, headlines, and industry reports. The emergence of sustainable finance is a necessary development meant to help integrate a company’s financial health with environmental considerations and sustainability performance in light of increasingly complex challenges related to climate uncertainty. Indeed, investors, stakeholders, and reporting agencies are more frequently requesting evidence that companies are prepared to respond appropriately to that uncertainty and associated risks.

Private sector climate transition plans help companies develop climate strategies, manage risk, and identify growth opportunities. These plans increasingly align with national policies and inform regulatory decisions, while also considering the financial health of an organization. Global coordination is needed as new regulations emerge, which can encourage companies to engage across their respective sectors in new ways. But what is the purpose of a climate transition plan? How is one developed? And more importantly, how does a transition plan translate into important considerations related to sustainable finance?

Drawing on our work analyzing dozens of climate transition plans, we’re answering these questions and offering our top ten essential insights regarding sustainable finance and climate transition planning.

1. Most Companies Are Still Unprepared for the Climate Transition

Research from the TPI Global Climate Transition Centre (September 2025) shows that 98% of companies have not outlined plans to shift capital away from carbon-intensive assets or align spending with long-term decarbonization goals. The analysis of over 2,000 publicly listed firms in high-emitting sectors reveals they are on track to exceed the 1.5°C emissions intensity budget by 61% between 2020 and 2050 — a finding that demonstrates most companies lack credible climate transition plans that also account for financial and economic dependencies.

2. Transition Plans Are Likely to Become Standard Practice

Sustainable finance increasingly centers on corporate transition plans, comprehensive documents that aggregate existing climate initiatives and strategies. Most large, listed companies are formalizing these activities into robust transition plans, often anchored by SBTi-validated targets and, in many cases, net zero ambitions. The process isn’t entirely new, but reflects a drive to consolidate and make sense of diverse climate actions under a unified strategy.

These plans serve as a roadmap, helping organizations not only track progress but also communicate their commitments transparently to stakeholders. As regulatory bodies and investors demand greater accountability, transition plans have evolved to include clear milestones, data-driven performance indicators, and integration with broader business objectives, further solidifying their role as standard practice in sustainable finance.

3. Multiple Triggers Motivate Transition Planning

Companies adopt transition plans for various reasons: committing to climate targets, responding to customer requests, improving ratings in disclosure frameworks like CDP, understanding climate risk, ensuring compliance with evolving regulations, and aligning with company values. When several of these factors work together to prompt action, the combination can help ensure that transition planning is woven into the fabric of corporate decision-making.

4. Bottom-Up Input and Top-Down Commitment Promote Success

Effective transition planning is almost always driven by top management — board members, CEOs, and central project management offices. But leveraging bottom-up input from department leaders and managers across operations can create truly successful efforts. Bottom-up engagement and active collaboration with top-down leadership help ground climate commitments in the measurable and concrete world of everyday business functions. Without this grounding, ambitious commitments can end up stagnating in a no-man’s-land of purely aspirational ideas, never reaching any real-world application. Where company leadership may set the vision and maintain accountability, bottom-up engagement can help ensure feasibility.

5. There Is No One-Size-Fits-All Approach

While informal guidance and formal frameworks abound, each company must develop a transition plan tailored to its unique operations and sector. Sector-based guidance offers inspiration, but flexibility and iteration are essential. The most effective plans are developed and maintained as living documents that evolve as new projects and initiatives are launched and added; such plans seldom feature rigid implementation timelines.

We’ve found that in rare instances, more serious deadlines marking major milestones can cumulatively support a broader decarbonization goal, however. This could look like a multi-tiered plan that iteratively maps more precisely how a company will meet its ambitious future deadline for net zero emissions or a considerable reduction in emissions. In this instance, a company would create a portfolio of projects mobilizing each component of the plan. Companies choosing this multi-tiered approach will need to remain flexible in terms of when to start these projects and how to manage unanticipated setbacks or missed sub-deadlines.

6. Identify and Align All Dependencies in Advance

Though there is no one-size-fits-all approach to establishing a climate transition plan, companies keen to embark on more long-term decarbonization efforts will also need to demonstrate successful harmonization of dependencies. Decarbonization projects that begin with infrastructure renovations, such as installing solar panels and electric vehicle charging stations, or moving to renewable sources of energy by switching electricity providers, may be more accessible for certain companies. But committing to more capital-intensive initiatives means that companies will need to prove they can justify the increased financial expenditures necessary to deliver a positive return on investment.

By working in advance to harmonize all dependencies, such as technologies, policies, compliance requirements, and project management office capacity, companies can better prepare to make good on their investments.

7. Collaboration Across the Value Chain Is Essential

Just as identifying dependencies within the internal structure of a company is vital to beginning a successful climate transition plan, companies will also need to consider external dependencies across their value chain. In other words, no company transitions in isolation. Sustainable finance initiatives and transition planning must happen within the context of a company’s entire value chain — including, for some sectors, relationships with competitors. Sectors such as agriculture, as one example, even call for cooperation among competitors to achieve sector-wide progress and must balance competitive advantages with collective benefit.

8. Financial Impact Is Expected but Uncertain

Most companies anticipate some financial return from their transition plans, though predicting exact timelines and outcomes remains challenging. Loyalty, risk reduction, and improved ratings are cited as potential benefits, but quantifying these impacts is difficult. Financial incentives for management, such as climate-related key performance indicators (KPIs), are increasingly integrated into compensation frameworks.

In addition to these direct outcomes, companies may experience enhanced access to capital as investors and lenders increasingly favor organizations with credible climate strategies. Moreover, transparent progress on transition plans can strengthen stakeholder trust and reputation, further supporting long-term business resilience in a rapidly changing regulatory and market environment.

9. Current Sustainable Finance Instruments Offer Limited Incentives

Banks and insurers sometimes link interest rates to ESG performance through sustainability-linked bonds or loans, providing modest financial incentives for strong climate action. The reporting burden is high, though, and the premium is often too low to drive widespread adoption. The value is more apparent for companies already engaged in sustainability initiatives.

These instruments are evolving, however, as market expectations and regulatory pressures intensify, with some lenders introducing stricter criteria and more meaningful financial rewards for companies that achieve ambitious sustainability milestones. Additionally, the transparency and rigor required for these products can help companies strengthen their internal sustainability reporting frameworks, setting the stage for greater credibility with investors and customers. As sustainable finance instruments continue to mature, companies that proactively align their strategies with these evolving requirements may gain a competitive edge, while those that lag behind could find access to capital increasingly constrained.

10. Interdependency Shapes Transition Success

Financial institutions recognize that companies cannot transition alone. The pace of change in the real economy, legacy investments in high-emission assets, and dependencies on technology and policy all influence outcomes. Sustainable finance must be viewed in the context of broader economic interdependencies, with banks and insurers supporting but not dictating market conditions.

This means collaboration across sectors — including partnerships between public and private entities — is essential for driving large-scale transformation. In many cases, progress depends on coordinated efforts to update infrastructure, harmonize regulatory frameworks, and accelerate innovation, all of which require ongoing communication, shared risk, and mutual accountability among market participants. By fostering such interdependency, the financial sector can help create enabling environments where both individual firms and the broader economy can achieve meaningful climate goals.

Bonus: Organizational Learning and Business Opportunities Go Hand in Hand with Transition Planning

It’s important to keep in mind that climate transition planning can serve as a catalyst for internal change, mainstreaming climate awareness, upskilling teams, and integrating sustainability into financial and strategic functions. The often unanticipated benefits that come from such streamlining cannot be understated. Some companies even choose to relocate sustainability teams to finance or risk departments, reflecting the growing importance of climate in financial decisions. While transition plans help identify business opportunities through portfolio reviews, most companies find the process supports and enhances opportunity identification.

Prepare to Adapt

Sustainable finance in a climate-impacted era is complex, dynamic, and evolving. Transition plans are not only compliance tools but strategic assets, shaping how companies respond to climate risks and opportunities. As frameworks mature and market signals strengthen, organizations that embrace robust, flexible, and collaborative transition planning will be best positioned to thrive in the new landscape.

Have questions about sustainable finance and climate transition planning? SCS Consulting Services is here to help. Schedule a free consultation with our team at your convenience.

About the Authors

Marie Blazy

Marie Blazy is a sustainability and transformation expert specializing in EU regulatory frameworks and sustainable finance, with over 15 years of international experience across banking, energy, and technology. At SCS Consulting Services, she leads the firm’s European advisory practice, focusing on EU sustainability regulations for multinational corporations, including CSRD, EUDR, and PPWR, alongside sustainable finance, corporate transition plans, and CDP and EcoVadis support. Having led multi-country programs and reported to executive committees and boards, Marie combines structured program management with deep regulatory expertise and strong business acumen, translating complex analyses into governance-ready, deployable recommendations. She holds degrees from ESSEC Business School, Université Paris 1 Panthéon-Sorbonne, and IAE Paris-Sorbonne, is certified in socio-environmental accounting under the C.A.R.E. model, and lectures corporate strategy and sustainability at EDHEC and Sciences Po Paris.

Emily McGlynn

Dr. Emily McGlynn is an economist and an expert on climate, energy, and environmental policy. Her work has yielded over two dozen academic articles, policy reports, and white papers, has resulted in significant climate policy advancements, and guided billions of client dollars under management. At BlackRock, Emily led economic research for the firm’s sustainable investing platform, supporting clients in evaluating climate and nature-related portfolio risks and emerging transition investment themes. Emily served as Deputy Associate Director for Energy and Climate Change in the Obama White House, where she was a lead author of the U.S. Mid-Century Strategy for Deep Decarbonization. Emily has supported investment in environmental markets as Director for Strategy and Policy at The Earth Partners, a company identifying private sector solutions to land restoration. She is a Truman Scholar and an NSF Graduate Research Fellowship recipient with a PhD in resource economics from University of California Davis.

READ MORE 

Accelerating climate impacts and evolving stakeholder expectations are now influencing the business of global finance. In response to the uncertainties of this present era, climate transition planning in particular and sustainable finance more broadly have started taking up more space in consultancies, headlines, and industry reports. The emergence of sustainable finance is a necessary development meant to help integrate a company’s financial health with environmental considerations and sustainability performance in light of increasingly complex challenges related to climate uncertainty. Indeed, investors, stakeholders, and reporting agencies are more frequently requesting evidence that companies are prepared to respond appropriately to that uncertainty and associated risks.

Private sector climate transition plans help companies develop climate strategies, manage risk, and identify growth opportunities. These plans increasingly align with national policies and inform regulatory decisions, while also considering the financial health of an organization. Global coordination is needed as new regulations emerge, which can encourage companies to engage across their respective sectors in new ways. But what is the purpose of a climate transition plan? How is one developed? And more importantly, how does a transition plan translate into important considerations related to sustainable finance?

Drawing on our work analyzing dozens of climate transition plans, we’re answering these questions and offering our top ten essential insights regarding sustainable finance and climate transition planning.

1. Most Companies Are Still Unprepared for the Climate Transition

Research from the TPI Global Climate Transition Centre (September 2025) shows that 98% of companies have not outlined plans to shift capital away from carbon-intensive assets or align spending with long-term decarbonization goals. The analysis of over 2,000 publicly listed firms in high-emitting sectors reveals they are on track to exceed the 1.5°C emissions intensity budget by 61% between 2020 and 2050 — a finding that demonstrates most companies lack credible climate transition plans that also account for financial and economic dependencies.

2. Transition Plans Are Likely to Become Standard Practice

Sustainable finance increasingly centers on corporate transition plans, comprehensive documents that aggregate existing climate initiatives and strategies. Most large, listed companies are formalizing these activities into robust transition plans, often anchored by SBTi-validated targets and, in many cases, net zero ambitions. The process isn’t entirely new, but reflects a drive to consolidate and make sense of diverse climate actions under a unified strategy.

These plans serve as a roadmap, helping organizations not only track progress but also communicate their commitments transparently to stakeholders. As regulatory bodies and investors demand greater accountability, transition plans have evolved to include clear milestones, data-driven performance indicators, and integration with broader business objectives, further solidifying their role as standard practice in sustainable finance.

3. Multiple Triggers Motivate Transition Planning

Companies adopt transition plans for various reasons: committing to climate targets, responding to customer requests, improving ratings in disclosure frameworks like CDP, understanding climate risk, ensuring compliance with evolving regulations, and aligning with company values. When several of these factors work together to prompt action, the combination can help ensure that transition planning is woven into the fabric of corporate decision-making.

4. Bottom-Up Input and Top-Down Commitment Promote Success

Effective transition planning is almost always driven by top management — board members, CEOs, and central project management offices. But leveraging bottom-up input from department leaders and managers across operations can create truly successful efforts. Bottom-up engagement and active collaboration with top-down leadership help ground climate commitments in the measurable and concrete world of everyday business functions. Without this grounding, ambitious commitments can end up stagnating in a no-man’s-land of purely aspirational ideas, never reaching any real-world application. Where company leadership may set the vision and maintain accountability, bottom-up engagement can help ensure feasibility.

5. There Is No One-Size-Fits-All Approach

While informal guidance and formal frameworks abound, each company must develop a transition plan tailored to its unique operations and sector. Sector-based guidance offers inspiration, but flexibility and iteration are essential. The most effective plans are developed and maintained as living documents that evolve as new projects and initiatives are launched and added; such plans seldom feature rigid implementation timelines.

We’ve found that in rare instances, more serious deadlines marking major milestones can cumulatively support a broader decarbonization goal, however. This could look like a multi-tiered plan that iteratively maps more precisely how a company will meet its ambitious future deadline for net zero emissions or a considerable reduction in emissions. In this instance, a company would create a portfolio of projects mobilizing each component of the plan. Companies choosing this multi-tiered approach will need to remain flexible in terms of when to start these projects and how to manage unanticipated setbacks or missed sub-deadlines.

6. Identify and Align All Dependencies in Advance

Though there is no one-size-fits-all approach to establishing a climate transition plan, companies keen to embark on more long-term decarbonization efforts will also need to demonstrate successful harmonization of dependencies. Decarbonization projects that begin with infrastructure renovations, such as installing solar panels and electric vehicle charging stations, or moving to renewable sources of energy by switching electricity providers, may be more accessible for certain companies. But committing to more capital-intensive initiatives means that companies will need to prove they can justify the increased financial expenditures necessary to deliver a positive return on investment.

By working in advance to harmonize all dependencies, such as technologies, policies, compliance requirements, and project management office capacity, companies can better prepare to make good on their investments.

7. Collaboration Across the Value Chain Is Essential

Just as identifying dependencies within the internal structure of a company is vital to beginning a successful climate transition plan, companies will also need to consider external dependencies across their value chain. In other words, no company transitions in isolation. Sustainable finance initiatives and transition planning must happen within the context of a company’s entire value chain — including, for some sectors, relationships with competitors. Sectors such as agriculture, as one example, even call for cooperation among competitors to achieve sector-wide progress and must balance competitive advantages with collective benefit.

8. Financial Impact Is Expected but Uncertain

Most companies anticipate some financial return from their transition plans, though predicting exact timelines and outcomes remains challenging. Loyalty, risk reduction, and improved ratings are cited as potential benefits, but quantifying these impacts is difficult. Financial incentives for management, such as climate-related key performance indicators (KPIs), are increasingly integrated into compensation frameworks.

In addition to these direct outcomes, companies may experience enhanced access to capital as investors and lenders increasingly favor organizations with credible climate strategies. Moreover, transparent progress on transition plans can strengthen stakeholder trust and reputation, further supporting long-term business resilience in a rapidly changing regulatory and market environment.

9. Current Sustainable Finance Instruments Offer Limited Incentives

Banks and insurers sometimes link interest rates to ESG performance through sustainability-linked bonds or loans, providing modest financial incentives for strong climate action. The reporting burden is high, though, and the premium is often too low to drive widespread adoption. The value is more apparent for companies already engaged in sustainability initiatives.

These instruments are evolving, however, as market expectations and regulatory pressures intensify, with some lenders introducing stricter criteria and more meaningful financial rewards for companies that achieve ambitious sustainability milestones. Additionally, the transparency and rigor required for these products can help companies strengthen their internal sustainability reporting frameworks, setting the stage for greater credibility with investors and customers. As sustainable finance instruments continue to mature, companies that proactively align their strategies with these evolving requirements may gain a competitive edge, while those that lag behind could find access to capital increasingly constrained.

10. Interdependency Shapes Transition Success

Financial institutions recognize that companies cannot transition alone. The pace of change in the real economy, legacy investments in high-emission assets, and dependencies on technology and policy all influence outcomes. Sustainable finance must be viewed in the context of broader economic interdependencies, with banks and insurers supporting but not dictating market conditions.

This means collaboration across sectors — including partnerships between public and private entities — is essential for driving large-scale transformation. In many cases, progress depends on coordinated efforts to update infrastructure, harmonize regulatory frameworks, and accelerate innovation, all of which require ongoing communication, shared risk, and mutual accountability among market participants. By fostering such interdependency, the financial sector can help create enabling environments where both individual firms and the broader economy can achieve meaningful climate goals.

Bonus: Organizational Learning and Business Opportunities Go Hand in Hand with Transition Planning

It’s important to keep in mind that climate transition planning can serve as a catalyst for internal change, mainstreaming climate awareness, upskilling teams, and integrating sustainability into financial and strategic functions. The often unanticipated benefits that come from such streamlining cannot be understated. Some companies even choose to relocate sustainability teams to finance or risk departments, reflecting the growing importance of climate in financial decisions. While transition plans help identify business opportunities through portfolio reviews, most companies find the process supports and enhances opportunity identification.

Prepare to Adapt

Sustainable finance in a climate-impacted era is complex, dynamic, and evolving. Transition plans are not only compliance tools but strategic assets, shaping how companies respond to climate risks and opportunities. As frameworks mature and market signals strengthen, organizations that embrace robust, flexible, and collaborative transition planning will be best positioned to thrive in the new landscape.

Have questions about sustainable finance and climate transition planning? SCS Consulting Services is here to help. Schedule a free consultation with our team at your convenience.

About the Authors

Marie Blazy

Marie Blazy is a sustainability and transformation expert specializing in EU regulatory frameworks and sustainable finance, with over 15 years of international experience across banking, energy, and technology. At SCS Consulting Services, she leads the firm’s European advisory practice, focusing on EU sustainability regulations for multinational corporations, including CSRD, EUDR, and PPWR, alongside sustainable finance, corporate transition plans, and CDP and EcoVadis support. Having led multi-country programs and reported to executive committees and boards, Marie combines structured program management with deep regulatory expertise and strong business acumen, translating complex analyses into governance-ready, deployable recommendations. She holds degrees from ESSEC Business School, Université Paris 1 Panthéon-Sorbonne, and IAE Paris-Sorbonne, is certified in socio-environmental accounting under the C.A.R.E. model, and lectures corporate strategy and sustainability at EDHEC and Sciences Po Paris.

Emily McGlynn

Dr. Emily McGlynn is an economist and an expert on climate, energy, and environmental policy. Her work has yielded over two dozen academic articles, policy reports, and white papers, has resulted in significant climate policy advancements, and guided billions of client dollars under management. At BlackRock, Emily led economic research for the firm’s sustainable investing platform, supporting clients in evaluating climate and nature-related portfolio risks and emerging transition investment themes. Emily served as Deputy Associate Director for Energy and Climate Change in the Obama White House, where she was a lead author of the U.S. Mid-Century Strategy for Deep Decarbonization. Emily has supported investment in environmental markets as Director for Strategy and Policy at The Earth Partners, a company identifying private sector solutions to land restoration. She is a Truman Scholar and an NSF Graduate Research Fellowship recipient with a PhD in resource economics from University of California Davis.

READ MORE 

It’s been another year of change for sustainability leaders. Regulatory requirements continue to evolve, geopolitical dynamics are reshaping priorities, and expectations from investors, customers, and leadership remain high. At the same time, sustainability teams are increasingly being asked to demonstrate how their work creates business value, not just how it supports compliance.

The 2026 Sustainability Leaders Survey, conducted by Novata, explores how sustainability practitioners are navigating this changing landscape. From team design and technology adoption to value creation, regulatory readiness, and talent strategy, this survey aims to capture how the role is evolving and where leaders are finding success.

Take part in the 2026 Sustainability Leaders Survey to help build an industry-wide view of how sustainability teams are navigating change, creating business value, and preparing for what’s next.

Why Participate

  • Help Shape the Conversation: Share your perspective to help build an industry-wide view of how sustainability leaders are navigating change and creating business value.
  • Industry Benchmarks: Contribute to practical benchmarks and see how organizations are approaching key sustainability priorities.
  • Exclusive Insights: Be first to receive the survey report featuring key trends and industry benchmarks in November 2026.
  • Reward Opportunity: Opt in for a chance to win one of two $200 Patagonia gift cards.

Share your insights

About the Survey

Conducted by Novata, the 2026 Sustainability Leaders Survey explores how sustainability leaders are navigating today’s evolving business landscape—from business value and team structure to technology adoption, regulatory readiness, and talent strategy.

Responses are anonymous and the findings will be published in November 2026, providing practical insights and benchmarks for sustainability professionals.

About Novata

Novata’s solutions make it easy for organizations to achieve their sustainability goals and create value. Our trusted sustainability management platform and advisory practice empowers organizations to automate data collection and reporting, streamline carbon accounting, simplify regulations, benchmark performance, and monitor risk. 

Backed by the Ford Foundation, Hamilton Lane, Microsoft, Motive Partners, Omidyar Network, and S&P Global, Novata is majority controlled by mission-driven organizations and its employees, and is a B-Corp-certified public benefit corporation. www.novata.com 

It’s been another year of change for sustainability leaders. Regulatory requirements continue to evolve, geopolitical dynamics are reshaping priorities, and expectations from investors, customers, and leadership remain high. At the same time, sustainability teams are increasingly being asked to demonstrate how their work creates business value, not just how it supports compliance.

The 2026 Sustainability Leaders Survey, conducted by Novata, explores how sustainability practitioners are navigating this changing landscape. From team design and technology adoption to value creation, regulatory readiness, and talent strategy, this survey aims to capture how the role is evolving and where leaders are finding success.

Take part in the 2026 Sustainability Leaders Survey to help build an industry-wide view of how sustainability teams are navigating change, creating business value, and preparing for what’s next.

Why Participate

  • Help Shape the Conversation: Share your perspective to help build an industry-wide view of how sustainability leaders are navigating change and creating business value.
  • Industry Benchmarks: Contribute to practical benchmarks and see how organizations are approaching key sustainability priorities.
  • Exclusive Insights: Be first to receive the survey report featuring key trends and industry benchmarks in November 2026.
  • Reward Opportunity: Opt in for a chance to win one of two $200 Patagonia gift cards.

Share your insights

About the Survey

Conducted by Novata, the 2026 Sustainability Leaders Survey explores how sustainability leaders are navigating today’s evolving business landscape—from business value and team structure to technology adoption, regulatory readiness, and talent strategy.

Responses are anonymous and the findings will be published in November 2026, providing practical insights and benchmarks for sustainability professionals.

About Novata

Novata’s solutions make it easy for organizations to achieve their sustainability goals and create value. Our trusted sustainability management platform and advisory practice empowers organizations to automate data collection and reporting, streamline carbon accounting, simplify regulations, benchmark performance, and monitor risk. 

Backed by the Ford Foundation, Hamilton Lane, Microsoft, Motive Partners, Omidyar Network, and S&P Global, Novata is majority controlled by mission-driven organizations and its employees, and is a B-Corp-certified public benefit corporation. www.novata.com 

The KeyBank Foundation is investing $250,000 in Veterans Outreach Center to support local veterans transitioning from military service, navigating career change, or re-entering the workforce through its Workforce Development Program.

Founded in 1973 by returning Vietnam veterans, Veterans Outreach Center (VOC) is the nation’s oldest community-based human service organization dedicated to stabilizing the lives of veterans. VOC’s whole-person approach addresses the challenges veterans face after military service by providing programs designed to meet the continuously changing needs of veterans. These programs address the social determinants of health that disproportionately affect veterans, including housing instability, behavioral health challenges, unemployment, food insecurity, and legal barriers. By providing wraparound services in a non-clinical, veteran-centered environment, VOC ensures no veteran navigates the transition alone.

“Veterans bring valuable leadership skills, discipline, and experience to the workforce, yet many can face challenges when transitioning their military service into civilian careers,” said Vince Lecce, KeyBank Rochester Market President. “Veterans Outreach Center has built a proven model that helps veterans navigate that transition while connecting our local employers with skilled talent. We’re proud to support an organization that is helping veterans achieve long-term economic stability and strengthening the workforce across our region.”

The Workforce Development Program aims to serve veterans facing barriers to employment including difficulty translating military experience into civilian credentials, lack of professional networks outside the military, and challenges including housing instability, behavioral health needs, and legal barriers. Veterans of all backgrounds and military eras are served free of charge, regardless of discharge status or VA eligibility. Family members of veterans benefit as well through the economic stability that quality employment provides. Funds from the KeyBank Foundation grant will be used within the Workforce Development Program to stabilize the career services, training, and employer engagement infrastructure, and to grow the skilled trades and apprenticeship pathways that represent the most significant wage advancement opportunity in the current Finger Lakes labor market.

“KeyBank’s $250,000 investment in our Workforce Development Program will go a long way toward helping us provide immediate job placement and long-term professional planning for our local veterans,” Veterans Outreach Center Executive Director and U.S. Army veteran Laura Heltz said. “It also allows us to help hiring businesses identify veteran talent. As someone who was told my military experience didn’t count as work experience, I know what it’s like to struggle to find meaningful work after separating from the military. And, it’s one of the many reasons why I’m so passionate about serving veterans. It’s because of incredible partners like KeyBank that we’re able to continue our important work.”

“What stands out about Veterans Outreach Center’s work is that they aren’t creating potential, they’re helping veterans recognize and build on what they already have. The leadership, resilience, and problem-solving skills developed through military service are incredibly valuable, but they don’t always translate neatly into civilian careers. VOC helps bridge that gap, making sure talent doesn’t go overlooked simply because the pathway isn’t obvious,” said Chiwuike Owunwanne, KeyBank’s Corporate Responsibility Officer in Rochester. “This program provides practical support, but it also creates momentum, helping people move from uncertainty toward opportunity.”

Since 2017, KeyBank has made more than $1.2 billion in investments in Rochester, supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities and transformative philanthropy.

Learn more about how KeyBank helps clients, teammates, and communities thrive by making meaningful investments in the places it’s proud to call home.

The KeyBank Foundation is investing $250,000 in Veterans Outreach Center to support local veterans transitioning from military service, navigating career change, or re-entering the workforce through its Workforce Development Program.

Founded in 1973 by returning Vietnam veterans, Veterans Outreach Center (VOC) is the nation’s oldest community-based human service organization dedicated to stabilizing the lives of veterans. VOC’s whole-person approach addresses the challenges veterans face after military service by providing programs designed to meet the continuously changing needs of veterans. These programs address the social determinants of health that disproportionately affect veterans, including housing instability, behavioral health challenges, unemployment, food insecurity, and legal barriers. By providing wraparound services in a non-clinical, veteran-centered environment, VOC ensures no veteran navigates the transition alone.

“Veterans bring valuable leadership skills, discipline, and experience to the workforce, yet many can face challenges when transitioning their military service into civilian careers,” said Vince Lecce, KeyBank Rochester Market President. “Veterans Outreach Center has built a proven model that helps veterans navigate that transition while connecting our local employers with skilled talent. We’re proud to support an organization that is helping veterans achieve long-term economic stability and strengthening the workforce across our region.”

The Workforce Development Program aims to serve veterans facing barriers to employment including difficulty translating military experience into civilian credentials, lack of professional networks outside the military, and challenges including housing instability, behavioral health needs, and legal barriers. Veterans of all backgrounds and military eras are served free of charge, regardless of discharge status or VA eligibility. Family members of veterans benefit as well through the economic stability that quality employment provides. Funds from the KeyBank Foundation grant will be used within the Workforce Development Program to stabilize the career services, training, and employer engagement infrastructure, and to grow the skilled trades and apprenticeship pathways that represent the most significant wage advancement opportunity in the current Finger Lakes labor market.

“KeyBank’s $250,000 investment in our Workforce Development Program will go a long way toward helping us provide immediate job placement and long-term professional planning for our local veterans,” Veterans Outreach Center Executive Director and U.S. Army veteran Laura Heltz said. “It also allows us to help hiring businesses identify veteran talent. As someone who was told my military experience didn’t count as work experience, I know what it’s like to struggle to find meaningful work after separating from the military. And, it’s one of the many reasons why I’m so passionate about serving veterans. It’s because of incredible partners like KeyBank that we’re able to continue our important work.”

“What stands out about Veterans Outreach Center’s work is that they aren’t creating potential, they’re helping veterans recognize and build on what they already have. The leadership, resilience, and problem-solving skills developed through military service are incredibly valuable, but they don’t always translate neatly into civilian careers. VOC helps bridge that gap, making sure talent doesn’t go overlooked simply because the pathway isn’t obvious,” said Chiwuike Owunwanne, KeyBank’s Corporate Responsibility Officer in Rochester. “This program provides practical support, but it also creates momentum, helping people move from uncertainty toward opportunity.”

Since 2017, KeyBank has made more than $1.2 billion in investments in Rochester, supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities and transformative philanthropy.

Learn more about how KeyBank helps clients, teammates, and communities thrive by making meaningful investments in the places it’s proud to call home.

  • Company ranks No. 1 among energy peers
  • Recognition given to Baker Hughes for its positive impact on communities, workers and the environment across the globe

HOUSTON and LONDON, September 22, 2026 /3BL/ – Baker Hughes, an energy technology company, has been recognized as one of the 100 Best Corporate Citizens of 2026 — ranking first in the energy category and 37th overall. 

This prestigious ranking has scored the largest publicly traded U.S. companies since 1999 to recognize leaders in non-financial disclosure and positive impact on communities, workers, and the environment worldwide.

Now published by 3BL, the 100 Best Corporate Citizens is based on a continuously evolving methodology developed in partnership with ISS STOXX and with extensive stakeholder feedback. Less than 20% of all Russell 1000 companies have placed among the 100 Best Corporate Citizens over the past five years. 

100 Best Energy Baker Hughes #1 in Energy

“Baker Hughes has long viewed sustainability as a core to our business strategy and a fundamental part of our culture,” said Baker Hughes Chief Sustainability Officer Allyson Book. “Using the United Nations Sustainable Development Goals and Global Compact as our guide, we remain focused on turning our commitments into meaningful action through the decisions we make, the technologies we develop and the way we operate every day. Our place on the 100 Best Corporate Citizens list reflects the dedication of our employees in more than 120 countries who bring our values of integrity, transparency and accountability to life throughout our sustainability journey.”

In 2025, Baker Hughes achieved a 36.9% absolute emissions reduction in scope 1 and 2 greenhouse gas (GHG) emissions compared to its 2019 baseline, marking the largest emissions reduction to date. Utilization of renewable energy and operational efficiencies contributed to a 49.0% reduction in combined scope 1 and 2 facility emissions from its 2019 base. 

In addition to its progress on emissions reduction, Baker Hughes also supported over 900 charities worldwide in 2025, and more than 2,100 employees contributed over 45,000 volunteer hours in the communities where Baker Hughes conducts business.

“The companies on this list stood by transparency, even when doing so became more difficult,” said Charlie Wilkie, CEO of 3BL. “Now in its 28th year, the 100 Best is the longest-running ranking of the Russell 1000 Index built entirely on publicly available information. There’s no way to lobby or pay for a spot. Recognition has to be earned. We congratulate all of the organizations recognized for their leadership and ongoing commitment to positively impact people and our planet.”

The 2026 ranking methodology considers 221 factors across seven pillars, including climate change, employee relations and human rights. Unlike other rankings, all data considered for the 100 Best Corporate Citizens must be publicly available, and there is no fee for companies to be considered. The data and information used for the 2026 ranking were published between June 2025 and June 2026.

For access to the complete 100 Best Corporate Citizens of 2026 ranking and methodology visit: https://100best.3blmedia.com/  

To learn more about Baker Hughes sustainability journey, access its 2025 Corporate Sustainability Report here.

About Baker Hughes

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com. 

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For more information, please contact:

Media Relations 

Kirk Eggleston
+1 346.521.8438
Kirk.Eggleston@bakerhughes.com

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