The definition of EJ is continually evolving, shaking up our permitting landscape, resulting in ever-changing expectations of your company. With the goalposts quickly moving and new EJ tools launched every few months, I want you prepared to engage positively and proactively. In this second part of a two-part series, I explore the tools you need, actions you can take, and — most crucially — the mistakes you should avoid so as to authentically incorporate EJ into your strategy.
Insights: Social Risk
When it comes to policy, we all buy into the adage, “If you’re not at the table, you’re on the menu.” But what’s worse than being on the menu? Not being in the restaurant at all. That’s what’s happening with the current opposition we’re seeing to “blue hydrogen,” which should be a stark warning to game-changing industry leaders.
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.
Recent news confirms how important it is for your company to 1) get its political spending accounted for and 2) make this spending part of your climate leadership strategy.
Shell is one of the most progressive oil and gas majors in the world, with an unparalleled level of climate analysis, commitment, and detail in their strategic planning. Yet to the shock of many, Shell was recently hit with a devastating legal blow that will make many oil and gas leaders question the very nature and effectiveness of climate stewardship by any oil and gas company — asking, Why should we bother?
Over the last 18 months, Both True readers have been watching BlackRock closely, following the world’s largest asset manager pivot to prioritizing climate action for its portfolio companies. But BlackRock isn’t the only firm generating investor momentum around climate action.
In my last post, I dusted off the Crystal Ball to look at what external signposts are telling us about the return of social risk and