areas where respect for human rights is critical to the way we operate: communities, security, labour rights, and supply chain.”254 “We recognise our responsibility to respect human rights in all aspects of doing business. We focus on four areas where human rights are critical to the way we operate: communities, security, labour rights and supply chains. Our approach applies to all our employees and contractors and is informed by the Universal Declaration of Human Rights, the core conventions of the International Labour Organization, and the United Nations Guiding Principles on Business and Human Rights. Our approach is set out in our Shell General Business Principles, Code of Conduct, and Shell Supplier Principles.” 255 “We also consult with international organisations, companies and civil society to understand and respond to current and emerging human rights issues relevant to our business. These include the global oil and gas industry association for environmental and social issues IPIECA, and the human rights working group of Business for Social Responsibility.”256 RWE Aktiengesellschaft (RWE AG) Statements on Climate Change “Today, climate change presents us with a new challenge. It is no longer just about ensuring that electricity is generated, but also about how it is produced. If possible, it should be zero-carbon, like solar, wind and hydro. We will also tackle this challenge with resolve and spur the sector’s transformation into a sustainable energy system that preserves the climate. We are laying the foundation for this by acquiring the renewable energy business of E.ON and of our financial subsidiary Innogy. In the future we will spend billions of euros building new wind and solar farms—in Europe, the USA and many other places around the world. But expanding renewable energy is not the end of the road. The wind and the sun are not available around the clock. This is why high-capacity energy storage is needed, and we intend to play our part in developing and building it. Moreover, in the foreseeable future, there will be a need for conventional power stations that generate electricity whenever wind turbines and solar panels can’t. Otherwise, we will go back to square one, when security of supply was not a matter of course. At RWE we’re powering in the future of electricity supply: a supply of energy that preserves the climate and is absolutely reliable. Our mission is to ensure that these objectives do not become mutually exclusive.”257 Royal Dutch Shell, supra note 16, p. 70. Royal Dutch Shell, supra note 250, p. 20. 256 Id. 257 RWE Aktiengesellschaft (2018), Powering Into the Future: Annual Report 2018, available at http://www.rwe.com/web/cms/mediablob/en/3948146/data/0/4/RWE-annual-report-2018.pdf (last accessed on 12 September 2019). 254 255 Annex D: Corporate Statements on Climate Change and Human Rights | 68