Related Articles
Forward article link
Share PDF with colleagues

Methane rises on investors’ risk radar

Methane emissions are forming an important part of investors' broader climate change strategy

Energy investors are ratcheting up pressure on the oil and gas industry to take action over climate change, and methane emissions from production and refining activities are increasingly in their sights. In the past three years, nearly 40 methane shareholder resolutions have been filed calling on energy firms to improve their methane management. This year's shareholder season included 11 methane issue resolutions, eight of which were withdrawn - meaning the companies took action on their own without a vote. Underlining the momentum, on May 30, Chevron shareholders generated a 45 percent vote in favor of a methane resolution. Earlier this year, Range Resources' resolution passed with a ma

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
European chemicals sector rises to climate challenge
1 December 2021
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
Energy transitions for a sustainable future
1 December 2021
The challenge of meeting global energy demand while hitting net-zero targets will be at the core of this year’s World Petroleum Congress
Indian government seeks energy investors
1 December 2021
Delhi is looking to the Mideast for energy investment, oil ministry secretary Tarun Kapoor tells Petroleum Economist
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video