Nearing Net Zero
28 October 2025
The pressure on businesses to decarbonise is growing and will continue to intensify as security, affordability and sustainability of energy systems becomes key issues.
The energy market of the future, including energy infrastructure and generation, will look vastly different from what it looks like today, presenting compelling opportunities and complex challenges for industry to navigate.
However, despite the opportunities arising from decarbonisation, making the transition is a complex and requires significant strategic consideration.
To help navigate this rapidly evolving space, Ashurst is pleased to launch the Nearing Net Zero vodcast series. In this series, Partners Elena Lambros and Dan Brown dissect the latest regulatory and legislative developments driving forward the decarbonisation agenda.
Whether your organisation is meeting regulatory obligations, engaging with customers, developing technologies or investing in innovation, we can help you navigate today’s fast-changing sustainability and energy landscape. For further information on Ashurst's sustainability and energy transition credentials please click here.
Since the adoption of the Paris Agreement in 2015, the global response to climate change has gained significant momentum.
In this episode of Nearing Net Zero, Elena Lambros and Dan Brown consider if Australia's policy setting are right to deliver the energy transition and achieve our climate targets.
Australia has recently committed to a Nationally Determined Contribution (NDC) of reducing greenhouse gas emissions by 62-70% below 2005 levels by 2035, with an interim target of 43% reduction by 2030.
In this episode of Nearing Net Zero, Elena Lambros and Dan Brown consider the implications and opportunities of this announcement in the context of the energy and electricity sectors.
Australia’s climate policy is at a crossroads. With the return of the Labor government, the nation faces renewed scrutiny over its climate ambitions, the robustness of its carbon markets, and the potential for climate-related litigation.
In this episode of Nearing Net Zero, Elena Lambros and Dan Brown explore what’s next for Labor government and consider whether we can expect climate litigation to rise or fall.
The rise of artificial intelligence, cloud computing, and our insatiable appetite for connectivity are fuelling an unprecedented demand for data centres.
Tune into this episode of Nearing Net Zero as Dan Brown and Elena Lambros consider what's driving this growth, where the capital flows are coming from, and what impact they are having from an ESG perspective.
Whilst massive strides have been taken to implement green electricity generation, not all industries can simply replace fossil fuels with electricity.
In this episode of Nearing Net Zero, Dan Brown and Paul Lingard dive into the evolving opportunities of Power to X – being the ability to harness green electrons and convert them into energy or products to decarbonise 'hard to abate' industries
Organisations are increasingly experiencing scrutiny from shareholders who demand transparency and accountability in how they are managing climate-related risks and opportunities in the face of climate change.
In this episode of Nearing Net Zero, Elena Lambros and Dan Brown consider how developing and publishing a transition plan can help organisations manage climate risks, comply with regulations, and demonstrate the veracity of strategic decisions.
At Ashurst, we have a strategic and long-term partnership with Aurecon that brings together legal, risk consulting and technical advisory to provide clients with a new degree of excellence in meeting the challenges and capitalising on the opportunities in pivoting to a net zero future.
In conjunction with Aurecon, we are pleased to launch a limited three-part mini-series focused on how to survive and thrive through the energy transition.
Tune into the below episodes as Elena Lambros, Dan Brown and the Managing Director of Energy at Aurecon, Paul Gleeson share uncommon insights into the trends shaping Australia's transition.
In this episode of Nearing Net Zero, Dan Brown, Elena Lambros and Paul Gleeson consider how the transition is progressing and what asset classes are capturing the intention of prudent market participants.
In this episode of Nearing Net Zero, Dan Brown, Elena Lambros and Paul Gleeson consider the role of Power to X technologies as a potential solution whilst acknowledging the existing investment gap.
In this episode of Nearing Net Zero, Dan Brown, Elena Lambros and Paul Gleeson consider the future role of natural gas in Australia’s energy portfolio.
Tune into this episode of Nearing Net Zero as Dan Brown and Elena Lambros delve into the various policy platforms of the major Australian political parties and examine what impact these strategies might have in combating climate change.
Tune into this episode of Nearing Net Zero as Dan Brown and Elena Lambros delve into the various policy platforms of the major Australian political parties and examine what impact these strategies might have in combating climate change.
The Climate Change Authority’s third Annual Progress Report which was released in November 2024 concluded that Australia’s GHG emissions are falling, but not yet at the rate needed to meet the 2030 target of 43% below 2005 levels.
Tune into this episode of Nearing Net Zero as Dan Brown and Elena Lambros consider how Australia is progressing towards its emission reduction targets and the actions needed to achieve our net-zero goal by 2050.
Australia has significant potential for offshore wind energy development, driven by its extensive coastline, favourable wind conditions, and growing demand for renewable energy.
In this episode of Nearing Net Zero, Bree Miechel and Robert Gough discuss the state of the Australian offshore wind market and consider what lies ahead in 2025 and beyond.
Also take a deeper dive into Australia's offshore wind market in our Year in Review article. Read it here.
How will the key energy transition trends from the year that was – inform and shape the year ahead?
In our final episode of Nearing Net Zero for 2024, Elena Lambros and Dan Brown reflect on the top energy developments and the broader sustainability considerations likely to propel Australia's decarbonisation ambitions forward.
The episode also acknowledges and celebrates the innovation occurring globally which is shifting the dial on the decarbonisation imperative.
As ESG becomes increasingly synonymous with sound business practices; what are the international trends influencing the Australian market?
In this episode of Nearing Net Zero, Kate Wilson and Dan Brown discuss the significance of the European Commission's Corporate Sustainability Due Diligence Directive and its obligations as it relates to environmental and human rights concerns within operations and across supply chains.
As governments increasingly regulate ESG, businesses and their leaders need to measure, track and accurately report on commitments as they are being held accountable for their delivery.
In this episode of Nearing Net Zero, Kate Wilson and Dan Brown consider the evolving landscape of ESG reporting for listed entities, the increasing emphasis on human capital and nature related disclosures.
Traditionally, ESG has been an additional layer on top of existing business models, aimed at managing risks and enhancing reputations. This approach has been eclipsed in recent years with Governments and civil society increasingly expecting corporates to balance commercial objectives with a social purpose.
In this episode of Nearing Net Zero, Kate Wilson and Dan Brown consider this shifting paradigm and how to navigate the disconnect between aspiration and implementation.
Over the past decade, a suite of laws have been introduced imposing a range of obligations on businesses to do more in the ESG space. Early disclosure requirements were transparency-based, however, recent policy developments indicate that as disclosure laws strengthen, so too is the level of scrutiny on the effectiveness and meaningfulness of steps taken by businesses to address ESG matters.
In this episode of Nearing Net Zero, Elena Lambros and Jo En Low consider how we got here.
Pacific island nations are among the most vulnerable to the changing climate, with many already experiencing higher temperatures, shifts in rainfall patterns, rising sea levels and changes in the frequency and intensity of extreme climate events.
In this episode of Nearing Net Zero, Dan Brown and Elena Lambros consider the importance of rallying the support of the international community to drive decarbonisation in order to combat this challenge.
This publication is a joint publication from Ashurst Australia and Ashurst Risk Advisory Pty Ltd, which are part of the Ashurst Group.
The Ashurst Group comprises Ashurst LLP, Ashurst Australia and their respective affiliates (including independent local partnerships, companies or other entities) which are authorised to use the name "Ashurst" or describe themselves as being affiliated with Ashurst. Some members of the Ashurst Group are limited liability entities.
Ashurst Australia (ABN 75 304 286 095) is a general partnership constituted under the laws of the Australian Capital Territory.
Ashurst Risk Advisory Pty Ltd is a proprietary company registered in Australia and trading under ABN 74 996 309 133.
The services provided by Ashurst Risk Advisory Pty Ltd do not constitute legal services or legal advice, and are not provided by Australian legal practitioners in that capacity. The laws and regulations which govern the provision of legal services in the relevant jurisdiction do not apply to the provision of non-legal services.
For more information about the Ashurst Group, which Ashurst Group entity operates in a particular country and the services offered, please visit www.ashurst.com.
This material is current as at 28 October 2025 but does not take into account any developments to the law after that date. It is not intended to be a comprehensive review of all developments in the law and in practice, or to cover all aspects of those referred to, and does not constitute legal advice. The information provided is general in nature, and does not take into account and is not intended to apply to any specific issues or circumstances. Readers should take independent legal advice. No part of this publication may be reproduced by any process without prior written permission from Ashurst. While we use reasonable skill and care in the preparation of this material, we accept no liability for use of and reliance upon it by any person.

Powering Change: Technologies fuelling the future
The need to rapidly accelerate the transition to cleaner energy is now more important than ever.
Game Changers and Transition Makers
A podcast series highlighting global entrepreneurs who are at the forefront of the sustainability agenda.
Future Forces Report