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    Satyavrata Maciamo's Avatar
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    These are the most sustainable oil companies based on climate transition scores

    This ranking is from the article Integrated European Majors Lead on Preparedness for a Low-Carbon World Among 39 Global O&G Companies.

    The BI carbon score is based on the reduction in operational emissions intensity and reduction of greenhouse gas emissions. The BNEF business model score is based on investments in new technologies driving the transition to a low-carbon economy. The overall score is merely the average of the two other scores.



    Here are the countries in which each company is based.


    1. Total - France
    2. Galp - Portugal
    3. Equinor (formerly Statoil) - Norway
    4. BP - United Kingdom (also owns Aral in Germany and Amoco in the US)
    5. Shell - UK & Netherlands
    6. Eni (aka Agip) - Italy
    7. OMV - Austria
    8. Ecopetrol - Colombia
    9. Repsol - Spain
    10. Suncor - Canada



    Bloomberg notes that US oil companies lag well behind in sustainability, including the two giants ExxonMobil (aka Esso) and Chevron (Texaco in Europe and Caltex in Asia and South America).
    Last edited by Maciamo; 06-09-21 at 10:30.
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