PLAN FOR NATURE
OUR PRIORITIES
OUR PROGRESS
PRIORITISING A JUST TRANSITION ON THE ROAD TO NATURE POSITIVE Local communities and indigenous people are essential in protecting and restoring nature. 11 Unless natural climate solutions create positive social impacts for local citizens and communities, they won’t be sustainable. We are a founding member of the Just Transition Finance Challenge to rally more public and private capital into investments that support a just transition to net zero. And we have developed an internal toolkit that focuses on how to engage with companies that operate in high risk or conflict-affected areas, to assess their approach to human rights.
1. Track companies’ progress on deforestation, and measure the outcomes of our engagement on biodiversity and natural capital, through at least annual reviews against engagement objectives.
2. Develop our engagement approach as the understanding of the issues and market best practice evolves, to ensure we are pushing for change in the right areas.
3. Deepen our focus on engagement for a just transition: at the intersection of human rights risks, social impact and transition towards a net zero and nature positive future.
11 IPCC, 2019
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