Breaking Down the 'E' in ESG: Practical and Legal Considerations for Energy Companies
Article from: OGEL 5 (2020), in Environmental, Social and Governance (ESG)
ESG reporting in the U.S. is a voluntary concept, but there is a widespread attempt to implement uniformity due to investor and other stakeholder needs to interpret and compare ESG data. The most common frameworks used in the energy sector for sustainability reporting are GRI and SASB, supplemented by the UN Sustainable Development Goals and the Task Force on Climate-related Financial Disclosures. Climate-related disclosures are central to ESG reporting. This includes reporting of GHG emissions, intensity rates, and targets. In addition, climate scenario analyses are a key aspect ...