INTRODUCTIONINTRODUCTION PROCESSPROCESS PHASE 1 PHASE 2 PHASE 3 PHASEPHASE 4 4 PHASE 5 CONCLUSIONCONCLUSION TOOL Just Transition Governance Guiding Questions ELEMENTS OF GOOD GOVERNANCE Board-level awareness GUIDING QUESTIONS 1. How does the company ensure board-level awareness 5. Are there lessons learned from other sustainability and buy-in of the just transition? initiatives that can be relevant to a just transition? 2. Is there an individual/committee responsible for just 6. What are the national and regional considerations transition at the board level? If so, do they have the for board (or executive) awareness, in particular necessary knowledge on just transition issues? legislative implications? 3. How might the just transition be relevant to existing 7. Does the board have exposure to the views of board committees, or how might those committees stakeholders on the just transition? be leveraged on just transition issues? 4. Does the board act as a lever to drive action and hold executives accountable for embedding the just transition plan into corporate strategy and action? BSR JUST TRANSITION PLANNING GUIDANCE 39
The Just Transition Planning Process for Business Page 38 Page 40