Three years ago, Pope Francis issued a sweeping letter that highlighted the global crisis posed by climate change and called for swift action to save the environment and the planet.
On Saturday, the pope gathered money managers and titans of the world’s biggest oil companies during a closed-door conference at the Vatican and asked them if they had gotten the message.
“There is no time to lose,” Francis told them on Saturday.
Pressure has been building on oil and gas companies to transition to less polluting forms of energy, with the threat of fossil-fuel divestment sometimes used as a stick.
The pope said oil and gas companies had made commendable progress and were “developing more careful approaches to the assessment of climate risk and adjusting their business practices accordingly.” But those actions were not enough.
“Will we turn the corner in time? No one can answer that with certainty,” the pope said. “But with each month that passes, the challenge of energy transition becomes more pressing.”
He called on the participants “to be the core of a group of leaders who envision the global energy transition in a way that will take into account all the peoples of the earth, as well as future generations and all species and ecosystems.”
Read the full story here.
Don't miss our latest HSE content, delivered to your inbox twice monthly. Sign up for the HSE Now newsletter. If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.
3 Oct 2019
- Calgary, Alberta, Canada
Being Human - reserve your place at this one-day course
1 Nov 2019
- Bali, Indonesia
Registration Coming Soon
11 - 12 Sep 2019
- Abu Dhabi, UAE
Reserve your place
23 - 24 Sep 2019
- Kuala Lumpur, Malaysia
Reserve your place at this inaugural event
17 - 19 Mar 2020
- Bogotá, Colombia
Call for papers open
HSE Now is a source for news and technical information affecting the health, safety, security, environment, and social responsibility discipline of the upstream oil and gas industry.
©2003-2019 Society of Petroleum Engineers, All Rights Reserved.