Decade-long Santos well leak prompts investor concernBY ROSE MARY PETRASS | THURSDAY, 15 JUN 2023 2:55PMSantos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Related News |
Editor's Choice
Report targets fossil fuel outreach
Fossil fuel companies are reaching millions of Australian children through schools, museums, sporting clubs and educational programs, prompting fresh calls for tighter oversight of industry engagement with young people.
Pendal backs Australia's sovereign green bond
Pendal Group has invested in the Australian government's inaugural green bond to support the nation's transition to a low-carbon economy.
Investment groups form alliance against modern slavery
A joint letter combining over 100 signatories of institutional investors, businesses, unions and related organisation was sent to the government advocating for reform to address underlying risks in modern slavery.
TotalEnergies ordered to map Scope 3 emissions by Paris Court
TotalEnergies has been ordered by a Paris court to complete the risk mapping in its current due diligence plan to identify the oil and gas company's Scope 1, 2 and 3 emissions risks.
Whitepapers
Is there an ethical way to play AI?
Balancing innovation and sustainability in one of the most compelling investment themes of our time.
ESG implications of the US-Iran conflict
The US-Iran conflict is doing more than lifting oil prices. It is reshaping the ESG realm through energy security, food inflation, health risks and national ...
Critical minerals in the age of AI and tariffs
When we first explored the critical minerals arms race in early 2023, the dominant narrative centred on accelerating demand for the energy transition ...
Expert Feed
How economics and energy security are driving the next phase of the energy transition
Looking ahead, the next phase of the energy transition will be defined by practical system build-out rather than headline climate commitments.
Sustainability in 2025: Building resilience and navigating risks
In 2025, there is likely to be much scrutiny around US President Donald Trump's anti-green agenda in particular.
Balancing Investor expectations with entrepreneurial growth
Recent headlines highlighting corporate management shortfalls in companies led by their founders underscore the need for rigorous governance standards.
Avoiding the carbon budget risk
While many financial institutions have made public net zero commitments, how can we know whether these goals really amount to action on climate change?
