In this two-part series, we’ll give insight into what this proxy season means for oil and gas companies.
Environmental justice (EJ) should be on the mind of game-changing oil and gas leaders. That’s why my colleague Anne Carto is guest-authoring today’s primer. If you thought EJ was someone else’s responsibility, read on to understand why you — like every other oil and gas leader — need to get familiar with the expectations and social risks around your company’s EJ strategy.
Ever since Russia invaded Ukraine, many energy observers have predicted that the renewed global focus on energy security means the global focus on climate change is over. My view is very different: I look at this moment as an opportunity for oil and gas leadership to respond to a range of social and financial pressures for cleaner energy — pressures that will only intensify.
At CERAWeek earlier this month, Special Presidential Envoy for Climate John Kerry and U.S. Energy Secretary Jennifer Granholm spoke for the first time in their Biden administration roles about the importance of U.S. oil and gas in the context of overall U.S. energy security. Game-changing oil and gas leaders are not squandering the opportunity this rhetorical shift has created.
The oil and gas industry has entered its third year of net-zero climate commitments. Not surprisingly, these commitments are coming under increasing scrutiny from external stakeholders. Your colleagues might interpret this scrutiny as an annoying drag on their timeline for progress. I propose you instead see it as an invaluable source of perspective.
Adamantine’s Research & Policy Coordinator Kelsey Grant wrote a column that was featured in The Colorado Sun. She touches on the limitations of protests for environmental advocacy and lists the steps to making one’s advocacy strategy more effective.
I repeatedly find myself in conversations where I start somewhere “in the middle” on what oil and gas companies need to do to thrive in a time of continuous disruption: engage millennials, share aspirations, take the leadership mantle. And company leaders want to do with me what they are doing with the skeptical public: explain the need for energy and why the world needs them.
Oil and gas companies are responding to the disruptors underway by announcing a rush of net-zero commitments and emission reductions targets. While it can be easy to dismiss “decarbonization” as a buzzword, that would be a mistake.
