Reporting ESG Goals: Affordable, Clean Energy – Your Quick Reference eGuide
Now more than ever – in terms of cost and the impact on the environment and ESG reporting – energy management is important to your organisation.
ESG
Frontier calls for energy progression, over energy transition
A blanket policy of renewables at the expense of hydrocarbons is “holding back Africa’s development potential”, a white paper from Frontier has warned.
Net Zero Investing: The New Hydrogen Economy
Global energy companies are shifting to ESG investing; but what role can hydrogen play in the new energy economy? In this new series focusing on environmental, social and governance (ESG) investing in the energy industry, Mike Scott takes the temperature of the industry’s response to date, as well as the challenges ahead that this shift will present.
Activists take aim at oil and gas insurance, following coal squeeze
Just as insurers have fled the coal industry, so are they coming under pressure to turn against oil and gas projects.
NatWest pledges £100billion of climate and sustainable finance as COP26 beckons
NatWest has announced a target of providing £100billion of sustainable and climate funding for customers by the end of 2025.
Taking the temperature: ESG investing in the energy industry
Global energy companies are shifting to ESG investing; but what are the drivers to decarbonise and the innovative approaches being deployed? In this new series, Mike Scott takes the temperature of the industry’s response to date, as well as the challenges ahead that this shift will present.
Energy poverty vs ESG emission concerns
Tackling emissions has come to dominate discussions around ESG, driving concerns that progress is slipping on tackling the energy gap that continues in many African states.
DNG launches LNG fuel trial in South Africa
DNG Energy will work with Imperial Logistics to examine the use of LNG as a diesel alternative in South Africa.
Reuters Events: Commodities Trading 2021
Covid 19 has led to unprecedented market volatility and changing consumer demands. This coupled with digital transformation, energy transition and an intense geopolitical landscape. 2021 changed the face of the industry forever
Seplat appoints ex-Puma CEO to board amid power move
Seplat Energy has appointed Emma FitzGerald as a non-executive director, who has previously worked at Shell and Puma Energy.
ExxonMobil: Wealth manager ‘sceptical’ on crediting Engine No.1 for oil giant’s performance
A wealth management firm has said it is “sceptical” that Engine No.1 can take “all of the credit” for the share price performance of ExxonMobil.
Petronas regrets exclusion from JPMorgan’s ESG indices
Petronas said yesterday that JPMorgan’s decision to exclude the Malaysian national oil company from its ESG Emerging Market Bond Index and ESG Asia Credit Index at the end of June 2021 is regrettable.
JPMorgan to exclude Petronas, Pertamina from bond index on ESG worries
Malaysian national energy company Petronas and Indonesian counterpart Pertamina are on a watchlist for removal from JPMorgan’s emerging market bond index (EMBI) on environmental social governance (ESG) concerns, reported Reuters, citing a statement from the bank.
African financing faces mounting challenges
International banks are increasingly reluctant to commit to African projects, although domestic banks are growing with an eye on filling this gap.
McDade launches Afentra with eye on African acquisitions
Former Tullow Oil executives have launched their Afentra venture, focused on production up and down West Africa.
The emerging threat of securities litigation against energy companies
Securities litigation, long a prominent – and expensive – feature of jurisdictions such as the US, is increasingly emerging as a threat within the English litigation landscape.
Wentworth ups dividend, seeks new opportunities
AIM-listed Wentworth Resources’ production dipped in 2020, but revenue was largely flat and the company has upped its dividend.
Energean targets two years to transformation
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Vitol sees shift from oil to power
Trader Vitol sees its future in lying in the power sector, in a marked shift away from its oil roots.
Neptune Energy among the best for ESG and credit ratings, according to research body
Neptune Energy has been ranked among the best exploration and production (E&P) firms for environment, social and governance (ESG) and credit ratings.
Climate crisis: Investors weigh up impact on oil and gas
As oil and gas faces a rise in climate activism, ESG concerns, and the need to raise its own profile as a pillar of the energy transition, investors are weighing the impact.
Now more than ever, business leaders must get ESG reporting right
Recently I was briefing one of my fellow colleagues at KPMG ahead of a meeting with a Government Minister. He asked me about ESG reporting and as I marshalled my thoughts it came home to me just how critical reporting really is to progressing this agenda.
Energy transition must be equitable for Africa
Tackling Africa’s energy access problems requires those involved to think of the entire system, rather than focusing simply on renewables.
Big oil’s ‘problematic’ ESG claims alienate some investors
As companies across virtually all sectors try to latch on to the sustainability bandwagon, some investors are sounding the alarm.
NOCs talk up ESG, attractiveness amid industry pressure
NOCs are not immune from the challenges posed by changing attitudes to energy, driving shifts to enter new business areas and operate more efficiently.