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The Earthshot Prize – the Prince of Wales's £1m annual awards for conservation – will host its 2024 ceremony at the Jio World Convention Centre in Mumbai, a venue owned by Reliance Industries, the Ambani family conglomerate. Reliance operates the world's largest oil refinery and funds a controversial mega-zoo project. Environmentalists have flagged the partnership as a credibility problem: a conservation award backed by a company whose primary revenue source is fossil fuels, hosted at a facility controlled by the same group.
This is a straightforward alignment failure, not a minor optics issue. The Earthshot Prize exists to fund environmental solutions. Hosting the awards at a Reliance-owned venue sends a muddled signal about what the prize actually stands for – and who it's willing to align with to secure logistics.
Reliance's track record compounds the concern. The company's foundation has faced criticism over its mega-zoo project; the oil and gas business remains core to the group's identity and returns. Neither fact is secret.
The criticism from conservationists reflects a broader tension in climate and conservation philanthropy: the source of funding matters, but so does the optics of partnership. Award bodies and foundations are increasingly scrutinised for their venue choices, sponsor relationships, and board connections – especially when they sit in the conservation space.
The question isn't whether Reliance Industries should exist or whether conservation organisations can work with energy companies. It's whether this particular partnership – hosting a conservation awards ceremony at a venue owned by the world's largest oil refinery operator – undermines the prize's stated mission to accelerate environmental action.