Moving to clean energy in ways that decrease inequality
Swift action is required to address climate change and transition to a net-zero economy, yet transitioning to clean energy risks growing inequality with a loss of jobs and investment in impacted communities. Companies have a key role to play in contributing to this urgent global shift, and it is imperative to do so in a way that is focused on workers, communities, and consumers.
We recognize that we are at the beginning of this journey in transitioning from a fossil-fueled economy to a system of net-zero emissions. There’s a lot to learn from first movers. That’s why the Council, along with bp and BCG, have brought together seven international, energy-intensive companies and investors with academic, civil, and social representatives to develop a hub of resources – best practices, case studies, and research – to support company action.
Together, we have developed a framework for a just energy transition to provide concrete guidance that companies of all industries can use to lead a swift energy transition that benefits all involved.
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Guiding Principles for a Just Energy Transition
The Framework for a Just Energy Transition was formulated as part of a collaborative initiative led by the Council for Inclusive Capitalism, bp, and Boston Consulting Group (BCG), with the involvement of the UN Special Envoy for Climate Action and Finance, the International Trade Union Confederation, State Street, CalPERS, and Inclusive Capital Partners.
Join the movement for a just transition
It will take the collective actions of us all to achieve a just energy transition. Declare your own commitments to action by becoming a member of the Council’s community of hundreds of companies creating jobs, protecting natural resources, reducing inequality, and improving the quality of life for those affected by climate change. Click above to learn more about membership and sign up your organization.
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