Daily on Energy, presented by API: Eight oil majors commit to more detailed emissions reporting Print this article
Subscribe today to the
Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what s going on in Washington. SUBSCRIBE NOW: Just $1.00 an issue!
GROUP OF OIL MAJORS PLEDGES TRANSPARENCY: Eight major oil companies are pledging more detailed reporting on their emissions reductions, following pressure from investors seeking to hold them accountable for the long-term climate targets they are setting.
As part of broader “energy transition” principles released today, the oil majors promised to begin disclosing the risks their companies face from climate change and carbon policy consistent with recommendations from the Task Force on Climate-related Financial Disclosures, the global benchmark for such disclosures.