The second paragraph tries to make a distinction between green finance and transition finance.
The idea is that high-emitting companies and high-emitting sectors need to get on a pathway that is consistent with climate objectives. They can't flip a switch to be able to do that, so there needs to be a process.
We believe that process is by developing a credible corporate transition plan that includes how they are going to get from where they are today to where they need to go. It doesn't speak specifically about what they have achieved to date, but presumably that progress will be helpful in getting to where they need to go, based on government policy and targets.