Images: Adobe Stock, Unsplash Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2025 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system.Contents Foreword 3 Executive summary 4 1 Climate action in the new economy 5 1.1 The world is undergoing significant economic 6 and geopolitical shifts 1.2 Climate action needs to evolve to work for 7 people and the economy 2 Making the green transition work for people and the economy 9 2.1 Growth and jobs impacts of the green transition 10 2.2 Overcoming socioeconomic risks and competitiveness 12 challenges linked to the green transition 3 Takeaways for corporates and their climate plans 37 3.1 Stakeholder impacts from corporate climate action 38 3.2 Building socioeconomic foundations in corporate 41 climate transition plans Appendices 51 A1 Methodology and data sources 51 A2 Country profiles 55 Contributors 169 Endnotes 174 Making the Green Transition Work for People and the Economy 2

Making the Green Transition Work for People and the Economy 2025