Foreword Acknowledgments The following guidance was developed by development of this guidance, including Julie Dugard, Elisa Estrada Holteng, Eileen BSR, a sustainable business network and This guidance contains preliminary research, 昀椀ndings, consultancy focused on creating a world Gallagher, Cecilie Jørgensen, Sierra Leder, recommendations, and tools for just transition in which all people can thrive on a healthy and Laura Marie Hansson. planning. It aims to stimulate timely discussion planet. The perspectives expressed solely The authors also wish to thank all partners and critical feedback and to in昀氀uence ongoing for their insights and contributions to this discourse on the just transition. The content may re 昀氀ect the views of BSR and the authors, be revised as the context and topic develop and as and have been informed by insights guidance, including The B Team, Ceres, Council for Inclusive Capitalism, International company action on the just transition advances and and discussions fostered during the 昀椀rst stakeholder expectations evolve. year of the Energy for a Just Transition Labour Organization, International collaboration. Organisation of Employers, ITUC Just Energy for a Just Transition is a business- Transition Centre, World Benchmarking How to use this report led collaborative initiative facilitated by Alliance, and World Business Council for Sustainable Development. This report provides a 5-step process for developing BSR, in partnership with The B Team, a robust just transition plan, including: that brings companies and stakeholders orksheets to 昀椀ll in, that can further inform together to help energy, utilities, and Intended Audience W related companies to better plan for This guidance aims to provide an overall knowledge gathering, discussions and and implement a just, fair, and inclusive process for companies to begin thinking approaches. transition from a carbon-intensive economy about and developing their efforts on the Reference documents that provide high-level to a net-zero economy by 2050. just transition within their company and recommended actions as well as supporting BSR acknowledges the We Mean Business value chain at a corporate level. It is tailored resources and tools. Coalition and the Swedish International toward the energy and utilities sectors, Development Cooperation Agency (Sida) for although learnings could apply to other their generous support in the development sectors and company types. The guidance For more information or any questions on the Just of the Energy for a Just Transition is informed by insights from the Energy for Transition Planning Process, please contact BSR. collaborative initiative and this guidance. a Just Transition collaboration and BSR and This report was authored by Jenna The B Team’s engagement with companies. Kowalevsky, Anine Bundgård, Alexandra BSR and The B Team encourage companies Kolev, and Ouida Chichester. Additionally, across the energy and utilities sectors to the authors thank colleagues at BSR employ this process in their just transition and The B Team for their support in the planning efforts. BSR JUST TRANSITION PLANNING GUIDANCE