March 21, 2023 - Oil and gas mergers and acquisitions have taken on new significance not just as a key element of business strategy but as a potential source of climate risk. Research shows that, in aggregate, upstream oil and gas assets are being transferred from companies with climate commitments and public disclosure requirements to companies without those safeguards. While such transactions may help companies reach their own corporate emissions reduction targets, they do not contribute to global greenhouse gas emissions reduction—and may even result in global emissions increasing.
Mergers and acquisitions can increase reputational, climate, and transition risks, but they also present opportunities for industry players to lead on creating a new paradigm for oil and gas transactions that is more compatible with global net zero goals.
Download the report here: https://business.edf.org/insights/transferred-emissions-climate-principles/
In this webinar, we will discuss the importance of transferred emissions, an introduction to the Climate Principles for Oil and Gas Mergers and Acquisitions, and ways to take advantage of opportunities by using the principles.
CONFIRMED SPEAKERS:
Thomas Peterson, As You Sow, Say on Climate Coordinator
Andrew Howell, CFA, Director, Investor Influence - Environmental Defense Fund
Laetitia Pirson, Carbon Asset Risk Expert - Ceres
Meredith Block, Senior VP, ESG Research & Impact - PIMCO
Patrick O'Connell, CFA, Director, Fixed Income Responsible Investing Research - AllianceBernstein
(More expert panelists pending)
WEBINAR DETAILS:
Wednesday, March 21, 2023
8 a.m. PT / 11 a.m. ET
Location: Virtual