Standard Life: A Human Rights Approach to Net Zero

Standard Life partnered with BSR to identify climate-related human rights impacts, risks, and opportunities across its portfolio. Using PCAP’s Portfolio-level Just Transition Assessment Tool, BSR conducted a portfolio-level assessment of potential climate-related human rights impacts across key sector value chains and geographies. The analysis considered business model risks, tailored country- risks, and cumulative impacts arising from poorly managed transitions. Issues were prioritized considering the severity and likelihood of harm to people, with assessment insights clarifying how transition pathways intersect with workers, communities, and consumers, as well as financial risks and opportunities.

Building on these insights, in March 2026 Standard Life launched its updated Net-Zero Transition Plan, which takes an integrated approach aligned with the OECD Guidelines for Multinational Companies. Standard Life expanded the integration of social, nature, and adaptation considerations, recognizing that the transition will only be credible and sustainable if it manages impacts on people alongside emissions and financial risks. This integrated approach to climate and human rights strengthens decision-making and stewardship, translating “just transition” priorities into practical expectations for portfolio companies and external asset managers, including private capital GPs.

Learn more about Standard Life's net zero journey: Our journey to net zero | Standard Life plc

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