ESG risk realization in energy offers a glimpse of the future

The engagement priorities of investors on climate change and the impact on oil & gas companies have been transparently clear, but became realized in quick succession at several different companiesThree events last week from a Dutch court and in shareholder votes at two listed oil companies highlighted how change can come much faster than expectedThe sudden realization of ESG risks presents a challenge for financial institutions that can’t prepare for every possible outcome , and must prioritize where they make investments to prepare for the next breakthrough issue

The energy transition is shifting into high gear. Recent court rulings and investor resolutions, many of which landed in the headlines last Wednesday, reiterate the urgency of planning for the impacts of the...