Oilprice.com - ESG Foundation https://esgfoundation.org/category/oilprice-com Environmental, social impact and corporate governance Wed, 19 May 2021 09:47:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Can oil firms win over ESG investors https://oilprice.com/Energy/Energy-General/Can-Oil-Firms-Win-Over-ESG-Investors.html?utm_source=rss&utm_medium=rss&utm_campaign=can-oil-firms-win-over-esg-investors&utm_source=rss&utm_medium=rss&utm_campaign=can-oil-firms-win-over-esg-investors Sun, 23 May 2021 09:00:34 +0000 https://esgfoundation.org/?p=8117 As institutional investors grow increasingly picky in where they put their money amid the global Environmental, Social, and Governance (ESG) push, North America's oil sector has started to look at ways to attract those investors who have been shunning fossil fuels by default.

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]]> As institutional investors grow increasingly picky in where they put their money amid the global Environmental, Social, and Governance (ESG) push, North America’s oil sector has started to look at ways to attract those investors who have been shunning fossil fuels by default.  In recent weeks, two Canadian firms became the first North American oil companies to link their credit facilities to sustainability targets, willingly signing up for potentially higher borrowing costs if they miss those targets.

The post Can oil firms win over ESG investors first appeared on ESG Foundation.

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