Anti-Corruption Disclosure in the Oil and Gas Industry: Challenges and Opportunities for Collective Action
Article from: OGEL 5 (2020), in Environmental, Social and Governance (ESG)
Summary
The evolving regulatory landscape and growing jigsaw of standards focusing on extra financial reporting are increasingly impacting the oil and gas industry. In particular, environmental, social and governance (ESG) reporting is becoming increasingly important to investors seeking to assess the risks in their investment portfolios. Anti-corruption compliance is a crucial aspect of ESG analysis and corruption indicators are strongly linked with investor risk assessments. Yet there is currently a lack of harmony in anti-corruption standards and approaches to anti-corruption compliance ...