Historically, Environmental, Social, and Governance (ESG) issues within the oil and gas industry has been placed in various positions along the priority scale.
However, as ESG public policy has become more of a focus in recent years, and advances in environmental friendly technology have been made available, ESG has become a high priority of most oil and gas operators. This trend is likely to continue as the industry grows and matures. Oil and gas companies that ignore ESG will find themselves at a competitive disadvantage and subject to regulatory penalties.
