Climate Action

Oil companies have met young climate activists to hear their concerns

Swedish climate activist Greta Thunberg speaks with other child petitioners from twelve countries around the world who presented a landmark complaint to the United Nations Committee on the Rights of the Child to protest the lack of government action on the climate crisis during a press conference in New York, U.S., September 23, 2019. REUTERS/Shannon Stapleton - RC1B49B512D0

Greta Thunberg has been speaking at the United Nations Climate Action Summit. Image: REUTERS/Shannon Stapleton

Valerie Volcovici
Journalist, Reuters

Facing rising anger from young people for their role in accelerating climate change, chief executives of major oil companies launched an effort on Monday to burnish their image on the sidelines of the United Nations Climate Action Summit.

Swedish climate activist Greta Thunberg speaks with other child petitioners from twelve countries around the world who presented a landmark complaint to the United Nations Committee on the Rights of the Child to protest the lack of government action on the climate crisis during a press conference in New York, U.S., September 23, 2019.
Swedish climate activist Greta Thunberg speaks with other child petitioners from twelve countries around the world who presented a landmark complaint to the United Nations Committee on the Rights of the Child to protest the lack of government action on the climate crisis during a press conference in New York. Image: REUTERS/Shannon Stapleton

The Oil and Gas Climate Initiative, representing 13 major global oil companies, held meetings with around 20 students and young professionals aimed at laying the groundwork for a long-term plan to engage with young people.

It took place as top oil company CEOs, including BP Plc’s Bob Dudley and Royal Dutch Shell Plc’s Ben van Beurden, met to discuss the industry’s response to climate change, while Swedish teenage activist Greta Thunberg angrily condemned world leaders and industry for failing to act quickly enough on the issue.

“It’s about dialogue and to have dialogue you have to have transparency,” said Eldar Sætre, CEO of Norwegian oil company Equinor ASA, who said handling youth anger toward his industry is “tough.”

Geraldine Satre Buisson, a 28-year-old seeking a Ph.D. in climate change policy and science communication at Imperial College London, said she participated in Friday’s global climate strike, in which more than 4 million people walked out of school or work to demand emergency action on climate change.

Buisson took part in Monday’s dialogue reluctantly but said she felt it was necessary to channel the anger she felt on the streets into action by meeting face-to-face with oil executives.

Have you read?

“I felt generally that we had an opportunity to be heard but I am not sure that being heard will translate into action,” she said, adding that the executives dodged questions about Thunberg.

Faiza Haq, a 24-year-old student at Columbia University in New York studying energy and the environment, said when she went into the room, “I didn’t go with a feeling of trust.”

While she said the industry is taking positive steps by making some investments in renewable energy and technology to capture and store carbon, she suspects the companies have been pushing Washington to deregulate their industry.

“They are doing things that are very positive, but what is the transparency that is happening?” she said.

The night before the event around 40 protesters gathered outside a New York hotel hosting a private Oil and Gas Climate Initiative dinner. Some held up “Wanted” signs emblazoned with the faces and names of the CEOs of Shell, BP, Exxon Mobil Corp and Chevron Corp.

The protesters chanted: “No gas, no oil - keep the carbon in the soil!” and “They knew, they lied, they need to pay!”

“I am here to tell fossil fuel companies that our lives matter and that climate change is not affecting us in 10 years but right now,” said Mayana Torres, 19, a student and volunteer with SustainUS, a youth-led movement campaigning to bar fossil fuel companies from influencing climate policy.

Christina Figueres - the former executive secretary of the U.N. Framework Convention on Climate Change, who helped finalize the Paris Agreement - told oil executives at a session later on Monday that they have to take bolder action or risk becoming obsolete.

“The stigma this industry has acquired does not allow you to attract the best and brightest,” she said. “And you need the best and brightest for a transformation.”

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Oil and Gas

Related topics:
Climate ActionNature and Biodiversity
Share:
The Big Picture
Explore and monitor how Oil and Gas is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Climate adaptation finance: The challenge for institutional investors and commercial banks

Matthew Cox and Luka Lightfoot

November 22, 2024

These fuel producers are leading the switch to zero-emission fuels in the shipping industry

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum