CoAct Database

Just Transition and Decent Jobs Pledge from the private sector

Companies pledge to comply with the following standards with respect to their employees, and only use contractors who also comply with these standards: (1) Social dialogue with workers and their unions; (2) Workers rights, including the ILO core labour standards and ILO occupational health and safety standards; (3) Social protection, including pension and health; (4) Wage guarantees, including prevailing wage rates for skilled workers in the relevant industries.

Companies also pledge to support their national governments to join the ‘Advancing a Just Transition and the Creation of Green Jobs for All for Ambitious Climate Action’ initiative. And to encourage countries to support a just ecological transition by formulating national plans for a just transition and decent jobs, within which business has an important role. Objectives of the initiative are to involve private sector entities aware of how they can contribute to a just transition and committed to provide green and decent jobs in growing industries.