Achieving a Just Transition:
Framework for Company Action
Actions for a just transition
There’s a lot to learn from first movers. With the release of The Just Transition Framework for Company Action, we invite companies to become a member of the Council and make new commitments to that contribute to a just transition. Through these public commitments, companies put forth their best ideas and learn from the best practices of others.
|Organization||Just Energy Transition Area of Action||Commitment||SDGs|
|PayPal||PayPal will support the development of a fintech innovation ecosystem to help vulnerable populations build resilience amid a changing climate by 2030.|
|M&T Bank||The M&T Charitable Foundation will allocate $250,000 total, over the next 3 years, for the People United for Sustainable Housing (PUSH Buffalo)'s 2,500 square foot Net-Zero Sustainable Workforce Training Center.|
|Just Skills Hub – SkillLab||The Just Skills Hub and SkillLab are part of the labor inclusion puzzle and aims to support 1.000.000 workers that are affected by the transition to a green economy by 2026.|
|IBM||As of October 2021, IBM has committed to providing 2 years of support to 5 nonprofit and governmental organizations globally each year who serve communities especially vulnerable to environmental threats.|
|bp||We aim to support sustainable livelihoods development for communities where we operate (priority bp sites and businesses), disclosing progress against targets and impact measures by 2025.|
|bp||Our new Regions, Cities and Solutions team will help countries, cities and corporations around the world decarbonize. It intends to focus on partnering with 10-15 cities by 2030 and corporates in 3 industrial sectors by 2030.|
|bp||We aim to enable a just transition for the workforce by driving education and employment initiatives and programmes with industry partners. We plan to publish 2025 and 2030 metrics and targets/aims for the initiatives and programmes in 2023.|
|bp||We aim to support civic dialogue, transparency, and building local capacity. We plan to publish 2025 and 2030 targets/aims for this objective in 2023.|
|bp||By 2025, we aim to systematically manage human rights impacts, monitoring, and remedy, in consultation with affected peoples, and assess quality of community relationships by priority bp sites and businesses, with plans for those under the threshold.|
|Ayala Corporation||Announced on October 21, 2021, ACEN is committing to achieve net-zero greenhouse gas emissions by 2050 and will divest all thermal plants and our remaining coal plant by 2025.|
Explore just transition in action: Case studies
Leading companies are committing to decarbonize their own organizations, improve the performance and resilience of their supply chains, and exert influence on others to do the same.
The Council for Inclusive Capitalism, in collaboration with the World Business Council for Sustainable Development and PricewaterhouseCoopers LLP (PwC), present key insights and practices that have surfaced from conversations with leading WBCSD members from across the energy system and presents a series of real-world case studies from leading companies. Download the report.
Join the movement for a just transition
It will take the collective actions of us all to achieve a just transition. Join us and share your company’s commitments to action to help others recognize the actions they can take to create jobs, protect natural resources, reduce inequality, and improve the quality of life for those affected by climate change. Click above to learn more about membership and sign up your organization.