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Press release from the SMI 26 June 2022

Flipping the Switch

As G7 leaders gather for this year’s meeting in Germany, we offer three critical areas for action.

Read the OpEd

The turbulence in global energy arises from an energy system shaped by countless choices made by governments and in the private sector for many years. But the fact is that we can make different choices for our future.  It is within our power to rebuild the global energy system and economy in a way that works for Nature, people and the planet, and avoids burdening the most vulnerable in society.

Restoring our planetary, human and economic health is vital, as is adapting to those impacts that cannot be avoided. This is going to require trillions of dollars, much of which can be met by the private sector. We call on governments to put in place the market signals that will stimulate and channel this investment.

Undersigned By:

CEO

Alison Rose

NatWest Group
Mahindra Group

Anand Mahindra

Chairman
KPMG

Bill Thomas

Global Chairman & CEO
bp

Bernard Looney

CEO
Shell

Ben van Beurden

CEO
Eurasian Resources Group

Benedikt Sobotka

CEO
PwC

Bob Moritz

Global Chairman
Bank of America

Brian Moynihan

CEO
EY

Carmine di Sibio

CEO
YOOX NET-A-PORTER Group

Federico Marchetti

Founder
Johnson Controls

George R. Oliver

Chairman & CEO
Advent International

James Brocklebank

Co-Chair Executive Committee
LHR

John Holland-Kaye

CEO
Lloyd's of London

John Neal

CEO
CDPQ Global

Marc-Andre Blanchard

Executive Vice-President
Storegga

Nick Cooper

CEO
HSBC

Noel Quinn

CEO
Sustainable Food Trust

Patrick Holden

CEO
Deloitte Global

Punit Renjen

CEO
StateStreet

Ron O'Hanley

Chairman & CEO
WaterAid UK

Tim Wainwright

Chief Executive
Athens International Airport

Yiannis Paraschis (Dr.)

CEO