The practice of ESG investing dates back to the 1960s when it was termed "socially responsible investing." Over the years, transformation of topics such as climate change and social inequity have changed the business environment, driving the evolution of ESG risks and opportunities for organizations. For the energy sector, which is increasingly under the spotlight of climate change activists, the concept of ESG has evolved from "nice to have" to "must have." Boards of directors, shareholders and regulators demand to make ESG considerations central to business operations. But now, as the oil and gas companies face the dual challenge of addressing energy shortage and a com-pelling climate agenda, the discussion around ESG has taken a new turn.
展开▼
