What’s the key takeaway from this report?
Investor pressure on Big Oil to address climate-related risk has ratcheted up since the Paris Agreement of 2015. Over the past five years – faced with the reality of tight oil and looming peak demand – the Majors have focused on ‘future-proofing’ oil and gas businesses.
But are the Majors doing enough to transition to business models that are aligned with the goals of the Paris Agreement? This analysis has our take.
What’s inside this report?
- The problem with industry oil demand projections
- The journey ahead for oil companies and investors
- Possible futures for the Majors at the extremes
This report explores the broader theme of how Big Oil will respond to decarbonisation. Get our thoughts on the industry issues that matter.