Are EU energy companies sustainable investments?

How energy giants are getting on board with green plans

clock
Jeremy Taylor of AllianceBernstein
Image:

Jeremy Taylor of AllianceBernstein

Oil and gas producers are often seen as vulnerable to global efforts aimed at curbing climate change.

However, some European energy groups might become part of the solution to climate change rather than part of the problem.  ESG and energy Energy companies' operations raise several important environmental, social and governance (ESG) concerns. Why is generating higher returns from ESG a challenge? Extracting and producing oil and gas is carbon-intensive, while the polluting effects of oil spills and the risk of contributing to corruption in oil-producing countries are additional ESG risks.  Most major energy companies have raised their game in these areas in recent years. But ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

The UK accounted for €4bn in net UCITS sales in April.

Monthly outflows persist across equity UCITS and AIFs in April

Improved from €42bn outflow in March

clock 27 June 2022 • 1 min read
Brian Raven, Tavistock chief executive

Tavistock revenues jump 14% amid year of acquisitions

Bought LEBC research firm

clock 27 June 2022 • 1 min read
Equity funds managed to stay in positive territory with €2.9bn of new net subscriptions

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

clock 23 June 2022 • 1 min read
Trustpilot