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 This year's shareholder season included 11 methane issue resolutions, eight of which were withdrawn - meaning the companies took action on their own without a vote.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 majo