An Oil & Gas Company and ESG

What is happening? ConocoPhilips have mentioned ESG in their lobbying reports when discussing their interest in disclosures. Specifically, climate-related financial disclosures.

Why is this important? ConocoPhillips has been recognized by the S&P Global’s Sustainability Yearbook 2021, which includes companies with top ESG scores from the credit rating agency.

How will this be important? The new economy has brought the change from a shareholder economy to a stakeholder economy, and there is no indication of this change disappearing.

Bloomberg Law | Democrats’ ESG Drive Fuels Lobbying Bonanza in Washington