Thomas McInerney comments on the integration of ESG into oil and gas supply chains in Daily Oil Bulletin:
"In the context of climate change and carbon credit generation in particular, there are traps for the unwary, as many of the goods and services provided by contractors can form the basis to claim carbon credit generation. Accordingly, supply chains need to understand their company's broader climate change compliance posture and have that reflected in their contracting strategy to ensure that there is no ambiguity as between service provider and customer, as to who is entitled to any such claims."
In late 2020 the Daily Oil Bulletin, in partnership with Bennett Jones, surveyed oil and gas industry executives and ESG professionals to understand the progress being made in integrating ESG into business operations, and what is needed to push ESG forward. This is part three in a five-part series that outlines the survey results.