Oil Price Sustainability-linked loans, or SLLs, have only been around for a few years. In that short time, they have ballooned into a market worth $1.5 trillion. But now, as scrutiny comes for sustainability claims with no substance, that market faces a reckoning. And so do the banks that lent those money. The first sustainability-linked loan was the work of
Oil Price This week saw the release of the latest report from the International Energy Agency, which called for a fast reduction in oil and gas investments and production, embracing alternative energy sources instead to help advance the transition. Also this week, media picked up another story that makes the ground for the IEA report a bit shaky. The story
World Oil (Bloomberg) — The top bosses of US oil and gas companies are speaking less and less about climate and carbon emissions, a signal that the industry’s public focus on ESG over the past couple of years may be fading. That, at least, is according to a Bloomberg analysis of quarterly conference calls held by 172 American oil and gas companies. The
Oil and Gas 360 Over the past year, environmental, social and governance (ESG) has been a transformative force in the oil and gas industry, driving company decision-making and impacting nearly every aspect of oil and gas production. In response to investor and stakeholder demands for greater disclosure, some oil and gas producers are rapidly adopting ESG policies and disclosing more
Oil and Gas 360 Over the past year, environmental, social and governance (ESG) has been a transformative force in the oil and gas industry, driving company decision-making and impacting nearly every aspect of oil and gas production. In response to investor and stakeholder demands for greater disclosure, some oil and gas producers are rapidly adopting ESG policies and disclosing more
World Oil (Bloomberg) –Europe’s oil stocks may not be the most obvious picks in an ESG-conscious world, but some investors can’t get enough of them. They’re cheap, pay big dividends and have benefited from a recovery in oil prices. That’s an attractive combination for investors who are nervous that the broader market is overvalued after the relentless rally from the
CNBC It’s an “exciting” time for renewable energy firms because more policymakers around the world have committed to carbon emissions goals, according to Credit Suisse. “I’m feeling fairly bullish on the current market conditions for energy transition beneficiaries,” said Phineas Glover, the investment bank’s Asia-Pacific head of environmental, social and governance (ESG) research. The energy transition refers to a move
Oil and Gas 360 Haynes and Boone, LLP and EnerCom, Inc. have launched a new research report that tracks how oil and gas companies are responding to growing pressure to support and communicate environmental, social and governance (ESG) policies and report their progress implementing those policies. The inaugural Oil and Gas ESG Tracker analyzes ESG programs, if any, of
Oil and Gas 360 Haynes and Boone, LLP and EnerCom, Inc. have launched a new research report that tracks how oil and gas companies are responding to growing pressure to support and communicate environmental, social and governance (ESG) policies and report their progress implementing those policies. The inaugural Oil and Gas ESG Tracker analyzes ESG programs, if any, of
Oil and Gas 360 ESG Takes Center Stage at The EnerCom Dallas Energy Investment & ESG Conference April 6-7 Editor’s Note: Suncor Energy (NYSE: SU) is Canada’s leading integrated energy company working together with stakeholders to responsibly supply the energy needs of today and working toward sustainable solution for the future. Suncor Energy will be presenting at The EnerCom Dallas
Reuters SINGAPORE – The economic trauma caused by the coronavirus pandemic has pushed energy companies to step-up investment in renewables, hydrogen and other low carbon alternatives, but fossil fuels will be their dominant business for the foreseeable future, industry executives said. Reeling from the onset of the pandemic, global oil consumption shrank by more than 20% in the second quarter
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