Evolving shareholder, consumer and reputational pressures have begun to influence the emissions approaches of some international oil companies (IOCs). The decisions of most national oil companies (NOCs), by contrast, have been driven by domestic political pressures: they serve the national interest, the political interest of the regime in power, or both. Conversely though, NOCs also influence their governments, creating a chicken-and-egg question: can governments drive NOCs on climate issues, or can NOCs drive governments? Given this very different set of incentives and influences, the pathway for constructive dialogue between NOCs and climate advocates will be different from the pathways of IOCs.

This session focuses on drivers and opportunities for transforming NOCs across different types of political contexts, including the potential roles of investor and partner pressure, diplomatic initiatives, and environmental advocacy groups.

This event is the third webinar in the NRGI-IISD series National Oil Companies and Climate Change following the second event in May.

Speakers

Alexandra Gillies, Natural Resource Governance Institute
Paasha Mahdavi, University of California, Santa Barbara
Lourdes Melgar, Baker Institute for Public Policy
Laurie van der Burg, Oil Change International
Chido Muzondo, International Institute for Sustainable Development