INTRODUCTION PROCESS PHASEPHASE 1 1 PHASE 2 PHASE 3 PHASE 4 PHASE 5 CONCLUSION TOOL Stakeholder Engagement Guidance: De昀椀ne Engagement Focus and Objectives STAKEHOLDER OBJECTIVE FOCUS OF ENGAGEMENT Workforce and Ensure workers are actively informed and involved in just • Social dialogue and negotiations with workers unions transition plans from an early stage; that negotiations occur; and • Re- or up-skilling that workers bene昀椀t from training and skills development, have • Working conditions access to decent and quality jobs, and have social protection • Social protection for workers19 during the transition “out.” • Talent development, retention, and inclusion • Labor rights and human rights STAKEHOLDER OBJECTIVE FOCUS OF ENGAGEMENT Communities Strengthen communities’ resilience to the net-zero transition • Access to essential services (energy, mobility, health, education) by addressing economic, environmental, and social impacts • Resettlement and displacement on communities as a result of the company’s actions. Maintain • Social protection and economic diversi昀椀cation for communities transparent and inclusive dialogue and include communities in decision-making processes. • Land and environmental protection • Human rights • Impacts on local businesses STAKEHOLDER OBJECTIVE FOCUS OF ENGAGEMENT Civil society Support organizations and groups that represent individuals • Local development initiatives organizations or communities that are most exposed to the negative • Land/environmental protection consequences of the transition to a net-zero economy. Maintain • Reconversion of territories transparent and inclusive dialogue and include civil society organizations in decision-making processes. • Protection of human rights defenders BSR JUST TRANSITION PLANNING GUIDANCE 18

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