Sarasin is pleased to be a signatory of the new Net Zero Standard for oil and gas companies, launched today by the IIGCC.
The standard sets out expectations from investors on what must be included in net-zero transition plans from oil and gas companies. It aims to make it easier to compare different companies’ disclosures and strategies, ensuring that progress is shared along the way and supporting investors in their engagement with companies in the sector.
As a result of this hard work, the standard will now be piloted with a core group of leading oil and gas companies, including BP, Eni, Repsol, Shell and TotalEnergies to trial implementation and prepare for wider adoption across the sector, and potential integration into TPI and Climate Action 100+ analysis.
The standard can be found here, along with the press release here.