A disconnect between Russia’s climate policies and the sustainability ratings of some of its biggest companies highlights the challenges investors face in assessing environmental, social and governance performance.
The largest political party in Norway is arguing that the state should take a more activist role in Equinor, sparking debate on how it will use its two-thirds stake in the oil giant going forward.
As the UK prepares for a potential second national lockdown, it’s forgivable that some people might argue ‘now is not the time’ to address climate change and the wider ESG agenda. In my view, the challenges we’ve all faced over the last year reinforce the need for the business community to take action right now and lead from the front.
Seplat Petroleum has investigated reports of hydrocarbons in some Delta State water wells and is providing assistance to locals.
The energy sector in Sub-Saharan Africa faces numerous challenges, but there is also an increasing sense of urgency and opportunity for the development of the industry on the continent.
Short-term pain, long-term gain.
Chariot Oil & Gas has cut its running costs by around 45% while continuing to seek a partner for its Moroccan gas project.
Disruptive environmental protests from activists like Greta Thunberg and groups such as Extinction Rebellion have dominated the news headlines of late, and with increased government scrutiny on corporate ethics, we are seeing a clear cultural shift when it comes to environmental, social, and governance (ESG) factors.
Sustainable investing has become one of the buzziest trends sweeping Wall Street. There are now dozens of conferences organized around the topic. Consulting firms and private foundations are spreading the gospel. Trillions of dollars are piling in.
FirstRand Ltd, Africa’s biggest bank by market value, has committed to disclosing its fossil fuel-related assets and lending but said it can’t meet a deadline requested by some investors.