Getting your arms around environmental, social and governance (ESG) issues can be quite some task, writes Oil and Gas Investor's Senior Financial Analyst Chris Sheehan. As one observer noted, current criteria used to evaluate ESG issues are “highly diverse on a massively complex subject.”
ESG issues have never before claimed such importance. Public companies, no matter in what sector they may operate, “ignore this at their peril,” according to Pavel Molchanov, an energy research analyst at Raymond James & Associates Inc.