Transition Planning 2026: Decarbonisation strategies in oil and gas, and diversified mining

The Transition Planning 2026: Decarbonisation strategies in oil and gas and diversified mining report presents the TPI Centre’s first comprehensive assessment of corporate transition plans in two of the most emissions‑intensive sectors.

Analysing 22 major publicly listed companies, the report applies TPI’s Net Zero Strategies (NZS) frameworks to evaluate how firms plan to deliver emissions reductions across their businesses. It provides detailed insights into companies’ decarbonisation levers, capital allocation, production strategies and alignment with climate scenarios, assessing the credibility and feasibility of transition plans.

The findings highlight significant gaps between stated ambition and implementation, as well as continued reliance on carbon‑intensive activities, raising concerns about transition readiness and exposure to climate‑related risks.

The report offers investors robust, comparable evidence to distinguish credible transition strategies from weak or misaligned plans, supporting more effective stewardship, risk management and capital allocation decisions.