Paris Maligned II: Climate alignment assessments reveal oil and gas company transition risk exposure

Open Resource

Year Published

2024

Contributing Organizations

Carbon Tracker

Type of Resource

Research/Insights Report

Languages

English

Relevant Topics

Core Topic

Oil & Gas

Topic 2

Transition Planning & Implementation Capabilities

Topic 3

Transition Finance

Target Audience

Asset Managers

Asset Owners

Banks

Insurers

Financial Services Providers

Relevant Geography

Global

Open Resource

Resource Description

This report analyzes climate alignment and transition risk exposure for 25 of the world’s largest listed oil and gas companies, highlighting gaps between company actions and Paris Agreement goals.

Why This Matters

The report underscores that investor awareness of transition risks is increasing and that oil and gas company misalignment poses both systemic and portfolio-level risks.

Key Insights

Shows that major oil and gas firms are not aligning their activities with Paris despite the shrinking window for action
Highlights growing investor demand for climate alignment assessments, particularly among universal owners concerned with systemic risk
Notes that sustainable investors are using these assessments to guide decision-making
Positions climate alignment as a proxy for transition risk exposure to low-carbon scenarios

Secondary File Resources

Secondary Resource Link(s)

Report website

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