Towards a Just Transition: Integrating Fair Share, Equity and Justice into Climate Transition Plans

Document Type

Report

Abstract

A just transition is not only essential for achieving climate goals, it also helps organisations manage risk, build resilience, and create long-term value. Yet while the concept has gained recognition, meaningful action remains limited. When Race to Zero introduced strengthened criteria in 2022, it became clear that a critical gap remained: how to operationalize the principles of fair share, equity, and justice throughout corporate transition plans.

To close this gap, Race to Zero and its Expert Peer Review Group convened a working group to listen, research, and explore ways to embed justice principles in practice.

This policy paper is the result: it highlights four persistent challenges: lack of clarity, weak accountability, financial constraints, and limited inclusion, and sets out a pathway of concrete actions, backed by real-world examples.

Our aim is not to provide a single blueprint, but to support companies with guidance and a resource map. This paper should be seen as a starting point for a wider conversation across the Race to Zero community and beyond – an invitation to translate climate action into long-term value for business and society alike.

First Page

1

Last Page

36

Publication Date

11-2025

Comments

Report for the Race to Zero Sub-committee on Fair Share, Justice, and Equity.

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