Shell Contractor Quits Over Climate Change Concerns

A Shell contractor recently quit her job due to concerns about climate change.

Shell contractor quits a job because of concerns about climate change.

Caroline Dennett, a Shell contractor, has resigned due to climate change fears. She worked for the company for more than a decade but has now quit because of the company’s double talk on climate. She is not alone. Other Shell contractors also have leftover climate concerns. Shell has made headlines claiming that they support climate action, but in reality, Shell is still planning to increase new drilling and ensure that the world will warm by more than two degrees Celsius.

Shell’s support for climate change

Caroline explained that she felt uncomfortable working for Shell after reading about the company’s plans for future oil extraction and climate change. The email also mentioned that she had been asked to survey the company’s latest oil extraction project. Dennett argued that the company should stop talking about climate change in front-line roles and instead concentrate on the company’s senior management issue.

The move follows a recent EPA ruling that found that oil companies contribute to greenhouse gas emissions. The US Environmental Protection Agency has been pressing companies to reduce their emissions, including Shell. However, the oil industry is resisting such regulations and lobbying. The company’s recent decision to quit the American Fuel and Petrochemical Manufacturers group is a setback to its efforts to curb global warming.

Oil and gas industry’s support for climate change

The oil and gas industry continues to be a leading laggard in climate action. The United Nations Environmental Program has released a report documenting the need to reduce global warming by 1.5 degrees Celsius by 2050. The report also confirms the need for countries and industries to transition to low-carbon solutions, increasingly becoming cost-competitive. In light of these findings, the industry must do more to curb its carbon footprint.

While the oil and gas industry is highly exposed to the physical impacts of climate change, the industry must also adapt to a changing regulatory universe. As a result, it must demonstrate support for net-zero targets, investment, and action to address climate change. A recent poll found that 86% of fund managers agree that companies should align their investment strategies with the goals of the Paris Agreement. Investing in companies that have pledged to align their investments with the Paris climate goals is one way to demonstrate this support.