Foreword 3

Executive summary 5

1 Introduction 7

1.1. Background 8

1.2. Scope and aim 9

1.3. Methodology 10

2 Managing social impacts of the transition: Challenges, opportunities and key actions for business 11

2.1. Taking an integrated approach to transition planning and implementation 12

2.2. Applying a place-based dimension and considering cumulative impacts in identifying and prioritising impacts 17

2.3. Engaging meaningfully with impacted stakeholders 19

2.4. Using individual and collective action to address impacts 23

2.5. Designing and implementing benefit sharing models 29

2.6. Promoting continuous improvement and responsible disengagement 31

References 39

Notes 47