The oil and gas industry has traditionally been reticent to engage with the issues surrounding climate change, typically being cast as a laggard. Yet, over recent years, the sector has begun taking on a more active role in climate governance, doing so in a variety of capacities – as initiators, catalysts and participants in industry-led or multi-stakeholder efforts. The Oil and Gas Climate Initiative is reviewed, as a case study to illustrate emerging climate leadership within the global oil and gas industry. In 2015, its members committed to a two-degree pathway. The paucity of research on the nascent role of oil and gas firms in climate governance is addressed.
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Matthew Bach (2018) studied this question.
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