Insight
How will oil and gas companies get to Scope 3 net zero?
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Report summary
Only ten oil and gas companies in our Corporate Service universe have set net zero Scope 3 ambitions. The limited commitment reflects the huge challenge the sector faces in reducing Scope 3 emissions. Companies are taking different bets on the levers to manage Scope 3 risk. The aim is to leverage areas of competitive strength. Three broad net zero Scope 3 business models have emerged: Big Energy, Carbon as a Service and Sustainable Fuels. Find out more in our deep dive on how oil and gas companies will get to Scope 3 net zero emissions. Our report analyses the strategies of the ten companies that have committed to net zero and the moves other players are making to manage Scope 3 risk.
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