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The current climate crisis and global inequalities trigger intense debates on the need of achieving socioecological transitions towards environmentally and socially just scenarios. In this context, the Social and Solidarity Economy and Postgrowth paradigms could play a major role in leading these transitions. The strong convergence between their principles opens the door for this article’s main contribution: a ‘Transformation Compass’. This tool allows Social and Solidarity Economy initiatives to approach a post-growth economy through a well-defined matrix, which incorporates Hinton’s (2021) characterization of postgrowth businesses. In addition, this Compass helps to assess the factors and dimensions that affect different initiatives during this process.