Switched On
Retreat or Engage? Green Investors’ Big Oil Dilemma
Nov 2, 2023
Ryan Loughead, BNEF Sustainable Finance analyst, hosts a conversation on oil and gas investment with panelists discussing the approaches of asset managers in retaining oil and gas investments, the challenges of divestment, and the strategies of oil and gas majors in transitioning to clean energy. They also highlight the importance of collaboration with fossil fuel companies for sustainable practices.
31:20
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Climate-conscious shareholders and lenders face a dilemma in deciding the best strategy when engagement and divestment have not resulted in significant change in the oil and gas industry.
- Engagement and collaboration between banks, lenders, and companies are crucial in driving the transition to a low-carbon economy, emphasizing the need for sustainable finance strategies and achieving net-zero targets.
Deep dives
Oil and gas majors balance climate ambitions with energy security and profitability amid high prices
The podcast episode discusses how European oil majors have faced challenges in maintaining their climate ambitions while also dealing with record high oil and gas prices, as well as energy security concerns. The episode explores the dilemma faced by climate-conscious shareholders and lenders, who must decide on the best strategy when engagement and divestment have not resulted in significant change. It also delves into the varying approaches of asset managers in retaining oil and gas investments while focusing on climate-conscious strategies. The panelists discuss the need for meaningful conversations, engagement, and the use of frameworks to drive change in the oil and gas industry.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
