Over the next five years, oil and gas companies will definitely see less investment as the world’s biggest institutional investors are increasingly looking at the environmental credentials of the companies in their portfolios As the global drive toward sustainability accelerates, the world’s biggest institutional investors are increasingly looking at the environmental credentials of the companies in their portfolios. The pressure on Big Oil and all other oil firms, coal miners, and even gas project developers is growing to show they can adapt to the energy transition and stay relevant in net-zero economies. The environmental, social, and governance (ESG) trend is drawing more investors to reallocating capital to sustainable companies and green projects, while capital going toward oil and gas and related infrastructure could become increasingly tight in coming years. Over the next five years, oil and gas companies will definitely see less investment , Salim Samaha, a partner with […]