What is a just transformation? How do companies and municipalities address the social and economic impacts on communities and employees?
A just transition focuses on maximising the social and economic benefits of climate action without creating or increasing systemic inequalities.
When developing climate action plans, companies/municipalities should consider and actively minimise negative impacts on disadvantaged communities, employees and vulnerable customers.
Companies should also actively engage with these groups and include them in the planning and implementation of their action plans.
Eg: Supporting existing employees, suppliers and vulnerable custosmers in the transition to zero emissions, consulting and implementing feedback from employees, suppliers and affected communities.