The Net Zero Standard – key takeaways for oil and gas companies
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Report summary
Table of contents
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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
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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
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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
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