* Firms that do not work together risk failing, Shell CEO
warns
* All sectors need to find way to net-zero emissions, he
says
(Adds graphic, link, dropped word in para 2)
By Ron Bousso and Shadia Nasralla
LONDON, Oct 9 (Reuters) - Royal Dutch Shell's chief
executive took aim beyond the energy sector to call on leaders
of other industries including aviation, shipping and steel to
jointly draw up plans to tackle greenhouse gas emissions.
Ben van Beurden also warned on Wednesday that energy
companies that do not collaborate in the fight against climate
change under the 2015 Paris agreement risk going out of
business.
"Climate change is the biggest challenge facing the energy
industry, but the energy industry isn't the biggest challenge
for the world trying to tackle climate change," van Beurden told
the Oil & Money conference.
"All sectors need to figure out pathways to net zero
emissions."
Oil and gas companies have come under huge public and
investor pressure in recent years to reduce carbon emissions
from their operations and the products they sell.
But van Beurden said that to reach the Paris climate goals
for "net zero" emissions by the end of the century, governments
and industries need to transform demand.
Government-set taxes on carbon emissions will not be enough
to turn the tide and coordinated action from industries to
improve efficiency and reduce emissions is essential, he said.
"If this type of sector-by-sector action does not happen,
the world will fail to meet the goals of the Paris agreement."
Shell, the world's second-largest listed energy company, has
recently taken part in a joint effort with the Danish
government, AP Moeller Maersk, the world's largest
shipper, and Citigroup bank, to come up with ways to
develop a system to offset emissions from commercial ships, van
Beurden said.
"Energy companies which do not play a full role in such in
such collaborations and that do not evolve will fall behind
society. They will fall by the wayside," van Beurden said.
(Reporting by Ron Bousso; Editing by Kim Coghill)
