ESG

The company, which runs a marketplace for commodities with the consideration of environmental, social, and governance (ESG) factors, will register crude produced by Lundin Energy with the help of certification company Intertek.

Many OFS companies have pulled away from the unconventional resources and redirected their efforts into alternate energy and clean technology. There is a limited bucket of money available for these companies to invest in new technology, and with every dollar diverted to ESG, those dollars are taken away from traditional technologies.

Virtue signaling alone is not a viable strategy to deal with climate issues. However, virtue signaling best leads to “virtuous” behavior. A company motivated only by appearances will face forces to keep up appearances. As firmer pressure teed up, voluntary corporate and national commitments to net-zero emissions have grown exponentially.

ESG accounting is a mess. Competing initiatives mean there’s no uniform set of standards for measuring a company’s progress on sustainability. The good news is that a new initiative, the International Sustainability Standards Board, promises to do for sustainability reporting what the International Accounting Standards Board does for financial reporting—develop standa…

You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets.

For more than a century, the oil industry magnificently improved the lives and health of humankind. Those gains help support a moral case to expand some use of fossil fuels but not to release them. Now it is time to lean in to solving the last step of our direct emissions.

Societal need and business opportunity are coming together to transform the way companies craft strategy, drive performance, and report results.

In direct response to investor demand, more companies are incorporating environmental, social, and governance (ESG) metrics in their performance compensation for their executives, according to a report by Haynes and Boone. Investors want to see that executives are incentivized to implement ESG strategies.

Banks are finding more success with ESG-related bond sales than they are with fossil fuels. Renewable-energy firms may be able to combine the funding advantages of being a corporation with the tax advantages of being a partnership. Shell boosts solar in Brazil. And a new water-based, bio-based surfactant may be a game changer.

With environmental, social, and governance (ESG) funds on a dramatic incline, an incline expected to continue going forward, it seems inevitable that regulatory reform is on the horizon. Europe has been leading the charge in the incorporation of ESG considerations into its regulatory framework. As we look to gauge what type of regulatory reform might be around the cor…