A just transition according to the ILO means greening the economy by simultaneously addressing the environmental, social and economic dimensions of sustainable development in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind. The objective of this brief is to highlight the important role of adaptation action for large multinational corporations that aim to achieve a just transition. Its focus is on how businesses can adapt to minimise climate change risks and impacts in a just and equitable manner. The brief outlines seven recommendations for businesses to advance a just transition for climate adaptation.
The Maritime Just Transition Task Force was formed to ensure that shipping’s response to the climate emergency puts seafarers and communities at the heart of the solution. This Position Paper puts forward a 10-point action to achieve a Just Transition for seafarers.
Building long-term water resilience is essential for a company aiming to mitigate or adapt to current and future shocks and stresses. This guidance is designed to encourage companies to engage with the water systems critical to ensuring sustained business operations over time, and to plan for future trends, possibilities, and risks. It provides a standard, step-wise approach to measuring and enhancing resilience across different industries and provides a set of ‘Water Resilience Indicators’ and a ‘Resilience Scoring Tool’ for corporates. Practical examples are provided throughout the guidance document to showcase how each step could be implemented in practice. Applicable to small, medium, and micro enterprises (SMMEs) as well as large multinational corporations with supply chains across different geographies, this detailed guidance on WRAF for corporates is a step forward for businesses to start embedding resilience into their policy and practices. ISBN: 978-1-893790-95-7
This Business Brief addresses the roles of finance in advancing a just transition. It draws from recent developments to illustrate what is possible, while calling on key financial actors to develop and realize this potential, including financial institutions, the Chief Financial Officers and finance functions of corporations, investors, Chief Investment Officers, Chief Risk Officers and policymakers.
Limiting average global warming to 1.5°C requires an enormous transformation of our economy and energy systems. The movement of companies, countries, cities, and investors setting ambitious net zero targets and leading this transformation is building momentum faster than ever. Though progress is being made, climate action must continue to be accelerated and accompanied by efforts to address the various environmental and societal challenges we face. In the UN Global Compact Network UK’s latest Briefing, we explain how businesses can be at the forefront of this growing movement and why it is important to continue raising ambition and take immediate action.
A new strategy that spells out our ambition to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change.
This report shows that companies with science-based targets are delivering on large-scale emissions reductions. Five years on from the Paris Agreement, the Science Based Targets initiative (SBTi) analysed the emissions of a group of 338 companies whose climate targets have been approved by the SBTi as aligned with climate science and the goals of the Paris Agreement. This is the first ever study to look at how setting science-based targets correlates with corporate emissions reductions and the extent to which companies are actually delivering on those targets. Target-setting companies have successfully reduced their emissions by 25% since 2015, a difference of 302 million tonnes of CO2 equivalent, the same as the annual emissions from 78 coal-fired power plants.
Puts forward six key enablers which could be advanced by all systemic shapers to accelerate the sustainable development of the seafood industry - from unlocking sustainable finance and ratifying international conventions, to moving beyond data disclosure, rewarding progress, and incorporating wider food system dimensions into both policy and sustainability-related services.
This is the first white paper produced by the recently launched UN Global Compact Action Platform on Sustainable Infrastructure for the Belt and Road Initiative to Accelerate the SDGs. It provides a starting point for strategic discussion and dialogue, and a solid foundation for action in the years ahead. I look forward to working with companies, Governments and all stakeholders to build a healthier and more sustainable future. If we succeed, generations to come will remember our current difficulties as a distant crisis that was, nevertheless, a turning point for global progress.
Provides practical advice, flags key considerations, and outlines good practice steps for designing and implementing effective grievance mechanisms. The publication series supports business to know how to better hear and address instances of modern slavery.
Publication offers a basis for understanding the expectations set out in the UN Guiding Principles for Business and Human Rights in relation to grievance mechanisms. While implementing effective grievance mechanisms to tackle modern slavery remains challenging, businesses can utilise the case studies, that draw on types of grievance mechanisms used across a range of sectors, in the publication to design and implement their own effective grievance mechanisms.
This UN Global Compact action-oriented narrative synthesizes the key insights gathered through a series of webinars organized in 2020 on the climate-nature-health nexus, in the framework of the Business Ambition for Climate and Health Action Platform. Reminding the business case for taking integrated climate and health action, it provides guidance on how companies can deliver climate and health co-benefits by pointing towards relevant action-oriented initiatives. It focuses on the five areas that were addressed by the webinar series : air pollution, nature and biodiversity, food systems, water resilience, and the future of work and just transition.