The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™
The politics of resources redefined™

‘The Heat is On’ Initiative: catalysing leadership by fossil fuel companies on climate change.

THE HEAT IS ON

  • Critical Resource recently led ‘The Heat is On’ initiative to catalyse leadership on climate change.
  • We convened stakeholders from industry, government, donors and civil society to develop ‘big ideas’ on how the industry can transform itself to operate profitably in a carbon-constrained world.
  • Our report highlighted the significant gap between what the industry is currently doing and what it would need to do in order to be compatible with a 2-degree outcome, and offered recommendations for how leading companies can become part of the solution rather than part of the problem of climate change.
  • The Advisory Panel of leading industry and international figures comprised:
    • Lord Browne: Executive Chairman, L1 Energy and former CEO of BP
    • Connie Hedegaard: Former EU Commissioner for Climate Action
    • Baroness Julia King: Former senior Rolls-Royce executive
    • Julia Marton-Lefèvre: Former Director-General, IUCN
    • Dr Bert Metz: Former Co-Chairman, Working Group III, IPCC
    • Sir Mark Moody-Stuart: Former Chairman of Shell and Anglo American
    • Michael Zammit Cutajar: Former Executive Secretary, UNFCCC
  • For information on our climate services, click here

MEDIA COVERAGE

  • Financial Times – ‘groundbreaking report’
  • The Guardian – coverage of the initiative
  • Reuters – ‘gap between plans and climate pledges’
  • Financial Times – ‘Energy groups face Kodak moment’
  • Wall Street Journal – quote from Daniel Litvin, Critical Resource MD
  • BBC – interview with Daniel Litvin, Critical Resource MD (click the video to play):