SUMMARY: The paper frames the Just Transition from a moral and business perspective. It assesses how much responsibility companies and organisations should have for the impact their clients have on climate change and asks to what extent the processes and products of the businesses can influence their clients’ behaviour. The paper considers the history of the notion of Just Transition, the tensions or fault lines evident within the concept, and the implications that an engagement with the concept may have for companies and organisations. The paper also explores different interpretations of notions such as Just Transition, the green economy and value creation.
KEY FINDING / RECOMMENDATIONS: A transformative or deep Just Transition must not only address the unemployment crisis in our society, but demand redistribution of power and resources to challenge the conventional understanding of economic growth, and mobilise for an alternative development path. One of the fault lines within the business case discourse is the difference between instrumental and transformative approaches. Instrumental approaches tend to focus only on those transitions that will generate profit for a company. Businesses should recognise that significant transformation is possible through engaging with the societies and ecosystems within which they operate.