Charlotte Wolff-Bye

PETRONAS

Chief Sustainability Officer

In June 2021, Charlotte Wolff-Bye joined Petronas as Chief Sustainability Officer. Previously Charlotte worked for the Norwegian energy company Equinor in the role of Vice President Sustainability. At Equinor she delivered the company’s first sustainability strategy that laid the foundation for the company’s low carbon focus. She was also Equinor’s representative on the Oil and Gas Climate Initiative (OGCI) and the World Bank’s Global Gas Flaring Reduction Initiative (GGFR). From 2007-14, Charlotte held the position of General Manager Corporate Responsibility for the global steel and mining company ArcelorMittal. Prior to her career in manufacturing, extractives and energy, Charlotte spent a decade in the telecommunications sector, most notably in Telefonica and O2. Previous experiences include working in multilateral lending, music marketing and diplomatic affairs. Charlotte is a longstanding and active champion of corporate sustainability practices and has most recently contributed to the book "Corporate Sustainability in Practice: A Guide for Strategy Development and Implementation”. She is the recipient of a leadership award by Devex for her contribution to international development. Currently, she serves on the board of trustees of the UN Environment Programme World Conservation Monitoring Centre, Cambridge, United Kingdom.

Sessions With Charlotte Wolff-Bye

Tuesday, 8 March

  • 11:40am - 12:30pm (CST) / 08/mar/2022 05:40 pm - 08/mar/2022 06:30 pm

    Future of Carbon Markets After COP26

    Panel Finance & Investment/Trading & Risk Management/ESG

    Carbon dioxide emissions are priced under a sprawling ecosystem of compliance markets, voluntary offset schemes, and taxation regimes. In late 2021, allowance prices hit record highs under the EU Emission Trading System, just as Article 6 of the Paris Agreement was finalized, potentially paving the way for a truly global carbon market. With over 90% of global GHG emissions now covered by some form of net-zero target, effectively pricing carbon is a policy priority. With investors pushing companies to measure, disclose, and act upon climate-related risk, carbon pricing is becoming an essential consideration for corporate strategy. How will markets evolve over the coming years? What principles of market design will insulate carbon pricing from the ebb and flow of political will? And how to balance carbon prices that are high enough to deliver ambitious goals, with the pressure to secure reliable and affordable energy for the long term?