Social Impact
What is happening? “Any business looking to expand operations and grow revenue must invest in a robust and complete ESG strategy.” Investors, Consumers, Lenders, Insurers all ask about ESG.
Why is this important? “80 percent of investors now report that ESG considerations are a significant influence in their investment decisions” according to Price Waterhouse Cooper
How will this be important? “ESG programs are helping oil and gas companies retain or grow profits and increase overall demand.” Oil and gas benefits from data, especially unified data model, that creates a holistic ESG view. Think of the BP and Shell calling for less carbon and new partnerships in Harris County that bring oil and gas into carbon storage.
Houston Chronicle | ESG in oil and gas and the economics of data
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