Description
Economic, security and environmental factors, as well as rising energy demand are driving a transition towards alternative sources of energy and a low-carbon economy. This transition offers opportunities for economic growth and innovation, while strengthening energy security through diversified and resilient supply systems. The transition also presents the opportunity to create higher-paying, skilled jobs in sectors such as manufacturing, mining, construction and agriculture. At the same time, an abrupt transition or one not managed properly could increase risks to workers, communities, and consumers, and have destabilising effects on the financial system and economic growth. OECD standards on responsible business conduct (RBC) can be leveraged to manage social impacts associated with the transition, particularly through the implementation of RBC principles such as meaningful stakeholder engagement, supply chain collaboration, continuous improvement, and responsible disengagement.
While impacts related to the transition are broad, this session will home in on the impacts to workers. Panellists will share research on company practices and provide insights from pilot projects involving co-developing and integrating workers’ perspectives into transition planning, and experiences in navigating the intersection of environmental, social, and economic priorities. They will discuss areas for deeper collaboration and key considerations for businesses.
Speakers will be announced soon.

