Shell’s CEO Reassures Staff That He Believes in Climate Action

  • Energy transition’s challenge is affordability, Shell CEO says
  • Focus on fossil fuel has caused anxiety among some employees

Wael Sawan 

Photographer: Christopher Pike/Bloomberg

Shell Plc Chief Executive Officer Wael Sawan told the company’s staff that he “believes in urgent climate action,” despite shifting focus toward its core oil and gas businesses.

The challenge in the transition to cleaner energy sources is affordability, Sawan said in an internal townhall meeting on Tuesday, according to people who attended.