Social impact, rights & just transition · Core
Social licence to operate
Also called: SLO
ELI5
Informal acceptance and trust granted by communities and stakeholders.
Used in conversation
“The number is useful only if everyone calculates social licence to operate the same way.”
Pitch context
You will see “Social licence to operate” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches social impact, rights & just transition.
Why it matters: In social impact, rights & just transition, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Connected terms
- Service-level agreementAn SLA is a service commitment between parties, often contractual; an SLO is an internal or technical target used to operate toward that commitment.
- Service-level objectiveThe search label “SLO” can route to both entries.
Sources & evidence · 5
Direct term-level sources and supporting source families.
- OECD — G20/OECD Principles of Corporate Governance 2023Direct source · institutional · checked 2026-08-16
- IFRS Foundation / International Sustainability Standards Board — IFRS S1 and IFRS S2 Sustainability Disclosure StandardsDirect source · primary · checked 2026-08-16
- U.S. Bureau of Labor Statistics — BLS GlossaryDirect source · primary · checked 2026-08-16
- GHG Protocol — Standards and GuidanceSupporting source family · institutional · checked 2026-08-16
- International Organization for Standardization — ISO Net Zero Guidelines and related workSupporting source family · institutional · checked 2026-08-16