The Royal Dutch Shell company has yesterday announced plans to quit the American Fuel and Petrochemical Manufacturers (AFPM) Oil lobby citing climate policy disputes.
The review is part of Shell’s plan to offer transparency around the company’s activities after pressure from several investors which led the company to set clear climate change targets.
Read the statement from Shell Below:
We found that we were aligned with nine of the 19 industry associations; that there was some misalignment with nine; and that there was material misalignment with one industry association, American Fuel & Petrochemical Manufacturers (AFPM). We have decided not to renew our membership of AFPM in 2020 as a result.
“This review is a first step towards greater transparency around our activities with industry associations on the topic of climate change. We have developed a set of governance principles to improve how we manage our memberships of industry associations on climate-related topics in the future, which we will start to implement in 2019.”
The AFPM has replied in a statement and as such wished Shell success in future endeavors
We thank Shell for their longstanding collaboration with AFPM and wish them all the best in the future. AFPM will continue to foster collaboration among our nearly 300 members on important topics like safety and environmental protection.
“We will also continue working on behalf of the refining and petrochemical industries to advance policies that ensure reliable and affordable access to fuels and petrochemicals, while being responsible stewards of the environment.
“AFPM works on myriad issues for our membership. Like any family, we aren’t always fully aligned on every policy, but we always strive to reach consensus positions on policies that are in the best interest of our membership and the communities and consumers that rely on us.”
