Insight
The Net Zero Standard – key takeaways for oil and gas companies
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Institutional Investors Group on Climate Change (IIGCC) has published a net zero standard for oil and gas companies (the Standard). Investors, advocacy groups and oil and gas companies have collaborated on the development of the framework. The central message is that companies need to go further to be Paris-aligned. The Standard could have big implications for the sector – another driver that helps fuel the decarbonisation domino effect.
Table of contents
-
1. The net zero ambition has big strategic implications
- Global end use oil and gas demand in Wood Mackenzie’s 1.5 degree scenario
- 2. Offsetting emissions will come under scrutiny
-
3. The emphasis on strategic divergence is positive
- Three broad energy transition business models have emerged
- 4. A detailed net zero financial framework will help build credibility
- 5. The drive for greater disclosure and standardisation is promising
-
6. Investors will be a powerful force for more widespread adoption
- US Independents’ net zero Scope 1 and Scope 2 emission targets
- 7. Companies need to start acting now to mitigate carbon risk
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Country Report
Nigeria upstream summary slides
To complement our more detailed Nigeria upstream summary we provide a slide-pack of the key issues in Nigeria.
$5,700
Country Report
Australia upstream summary slides
To complement our more detailed Australia upstream summary we provide a slide-pack of the key issues in Australia.
$4,080
Country Report
Papua New Guinea upstream summary slides
To complement our more detailed Papua New Guinea upstream summary we provide a slide-pack of the key issues in Papua New Guinea.
$3,240
