2 May 2024
European IOCs more prepared for low-carbon economy than US peers – CDP study
Publication date: 24 November 2016
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Statoil, Eni and Total rank first in a cohort of 11 international oil companies (IOCs) in terms of preparedness for a shift to a green economy, according to a report by data collection group CDP.
US duo ExxonMobil and Chevron scored close to last in the evaluation of fossil fuel assets, spending flexibility, climate strategy, emissions and resource management and water resilience. Only Canadian tar sands company Suncor fared worse.