Just two or three years ago, the biggest U.S. oil corporations were not mentioning climate change or environmentally-responsible investment at conference calls or results releases, but the global push for cleaner energy solutions and investors pushing for sustainability and transparency has changed that. According to a Bloomberg analysis of transcripts of the recent conference calls of the 23 constituents of the S&P 500 Energy Index, the largest U.S. oil firms have started to increasingly talk about emissions performance, ways to reduce emissions, investments in new low-carbon technologies, and even alignment with the Paris Agreement goals. The top executives stress the word “sustainability,” which was used as many as nearly 300 times during conference calls in the first quarter, up from “just” 36 mentions of the term at the same time last year. In that one year, nearly all major oil corporations in Europe —including BP, Shell, Total, Eni, Equinor, […]