Description
The transition away from environmentally harmful practices, as well as towards greener industries or practices such as the adoption of low-carbon technology and renewable sources of energy, is urgently needed to address resource scarcity in the sector but also to prevent crossing environmental thresholds. However, an abrupt transition or one not managed properly could increase risks and adverse impacts to businesses, workers and local communities. Businesses play a key role in developing and scaling technologies, skills and business models that support the transition as well as addressing social impacts associated with their transition activities.

