--- title: Can Women Speed Up the Energy Transition? description: Can Women Speed Up the Energy Transition? image: https://www.allyenergy.com/hubfs/Imported_Blog_Media/Valentina-K_Wood-Mackenzie-p2s37uryr5d5x67vsm5gq79qgpwq0sm99iyxoo1hu0.jpeg --- - [BUILD WITH US](https://www.allyenergy.com/work-with-us) - [GALLERY](http://ally.photos) [![Company logo](https://www.allyenergy.com/hubfs/MJTW%20Assets/logos/ally-energy-logo-2.svg)](https://www.allyenergy.com/) - [ABOUT](https://www.allyenergy.com/about) - [INSIGHTS](https://www.allyenergy.com/resources) - OUR BUILDS - [Houston Energy & Climate Week](http://www.climateweekhouston.com) - [Energy Workforce of the Future](https://www.energyworkforceofthefuture.com/) - [The GRIT Awards & Best Energy Workplaces](https://www.allyenergy.com/2025-grit-awards-best-energy-workplaces-finalists) - [Energy Capital Markets Day on Wall Street](https://www.allyenergy.com/ally-tcs-worley-new-york-marathon-team) - [THE BEE SUITE™](http://www.thebeesuite.com) - 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Written by: [Laura Hawksworth](https://www.allyenergy.com/blog/author/laura-hindley) - [Share](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fcan-women-speed-up-the-energy-transition) - [Share](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fcan-women-speed-up-the-energy-transition&title=Can%20Women%20Speed%20Up%20the%20Energy%20Transition%3F&summary=Can+Women+Speed+Up+the+Energy+Transition%3F&source=) - [Tweet](https://twitter.com/home?status=Can+Women+Speed+Up+the+Energy+Transition%3F%20https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fcan-women-speed-up-the-energy-transition) - [Watch](https://vimeo.com/allyenergy) ![](https://www.allyenergy.com/hubfs/Imported_Blog_Media/Valentina-K_Wood-Mackenzie-p2s37uryr5d5x67vsm5gq79qgpwq0sm99iyxoo1hu0.jpeg) **[Valentina Kretschmar](https://www.woodmac.com/about-us/our-people/valentina-kretzschmar/), Wood Mackenzie Director of Corporate Research, asks whether the lack of diversity in oil and gas companies’ boardrooms is holding back the [energy transition](https://allyenergy.com/powerful-women-uk-talk-energy-transition-and-diversity/).** There’s no doubt that those in the business of discovering, producing and distributing hydrocarbons are worried about the energy transition. For some of the oil and gas majors, such as Shell and Total, sustainability has become the primary driver of corporate strategy, with portfolios undergoing profound change in recent years. But the rest of the oil and gas sector is still struggling to understand what the energy transition means for them. Embracing the change is very challenging, especially when most forecasts, including Wood Mackenzie’s, show that [fossil fuel will still dominate the primary energy mix in 20 years](https://www.woodmac.com/news/feature/can-the-energy-industry-rise-to-the-challenge-of-climate-change/). Even coal continues to grow through 2040, declining thereafter. If a business’ primary purpose is to provide affordable and reliable energy to market, and there continues to be a market for those core products and services, why change? No doubt some boards have asked themselves that question and failed to identify any business imperative to do so. > *"I’m often asked if the majors are really serious about diversifying into clean energies, or they are just greenwashing. This is an extremely complicated question. In my view, no, they are not greenwashing. But at the same time, it’s almost impossible to grow their low-return, emerging renewables businesses, as long as they have to compete for capital with high-return oil and gas assets."* > > Valentina Kretschmar, quoted in Total’s Empowered newsletter, July 2019 Find out more about the relationship between diversity and the energy transition [here](https://www.woodmac.com/news/feature/can-women-speed-up-the-energy-transition/) ## Related Posts [![Decarbonization of Big Oil – Shell's Evolution to Big Power](https://www.allyenergy.com/hubfs/Imported_Blog_Media/Big-Power-p2sbueocqmhlr74gduq3iu27xn8f4rhommc3prky2w.jpeg) Energy Insights, Climate & Sustainability Decarbonization of Big Oil – Shell's Evolution to Big Power Laura Blewitt](https://www.allyenergy.com/blog/decarbonization-of-big-oil-shells-evolution-to-big-power) [![Moving Energy Forward: Decarbonizing Oil and Gas](https://www.allyenergy.com/hubfs/Imported_Blog_Media/1028886_Slide-Deck-for-2.019-p5z76f1s5l1qae80elkahi2bd41kyr1wmnph49kgaw.jpeg) Climate & Sustainability Moving Energy Forward: Decarbonizing Oil and Gas Rhoda Shapiro](https://www.allyenergy.com/blog/moving-energy-forward-decarbonizing-oil-and-gas) [![Walking The Walk: How Wood Mackenzie is Driving Industry Change](https://www.allyenergy.com/hubfs/Imported_Blog_Media/wood-mackenzie-p2sf4sglhgjnz75z40wkjym5anqmkfgo8k7lmc1yfc.png) Energy Insights, Diversity, Equity & Inclusion Walking The Walk: How Wood Mackenzie is Driving Industry Change ![](https://www.allyenergy.com/hubfs/Blog%20Authors/ally_one.jpeg) ALLY](https://www.allyenergy.com/blog/walking-the-walk-how-wood-mackenzie-is-driving-industry-change) ### Subscribe Here! 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All rights reserved. - [Help](https://www.allyenergy.com/help) - [Privacy Policy](https://www.allyenergy.com/privacy-policy) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Laura Hawksworth", "url" : "https://www.allyenergy.com/blog/author/laura-hindley" }, "dateModified" : "2021-10-10T18:17:42.803Z", "datePublished" : "2019-10-11T00:00:00.000Z", "headline" : "Can Women Speed Up the Energy Transition?", "image" : [ "https://www.allyenergy.com/hubfs/Imported_Blog_Media/Valentina-K_Wood-Mackenzie-p2s37uryr5d5x67vsm5gq79qgpwq0sm99iyxoo1hu0.jpeg" ], "mainEntityOfPage" : { "@id" : "https://www.allyenergy.com/blog/can-women-speed-up-the-energy-transition", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.allyenergy.com/hubfs/MJTW%20Assets/logos/ally-energy-logo-2.svg" }, "name" : "ALLY Energy " } } ```