Some big oil companies say they want to play a key role in reducing carbon emissions, but they are set to be sidelined at the coming United Nations climate conference.
Retailers, tech companies and consumer products makers have all been named as “principal partners” for COP26 in Glasgow—allowing them greater involvement with the event—but major oil companies like BP PLC and Royal Dutch Shell PLC will have a lower profile. That is because the oil industry has yet to agree on science-based plans for how it will reduce carbon emissions, a hurdle U.K. organizers set as a prerequisite for involvement in the event.