OIL AND GAS SECTOR NOW WALKING THE TALK ON SUSTAINABILITY

The oil and gas industry is reshaping its strategies, practices and values as it responds to global agreements on climate change and sustainable development. The 2015 United Nations Paris Agreement on climate change and the UN Sustainable Development Goals (SDGs) – which came into effect in January 2016 - are prominent among global governance challenges driving change in the oil and gas industry, but pressure just keeps building. Next up, the World Bank’s new Environmental and Social Framework (ESF) for new investment projects is expected to take effect ...


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