Oil and gas firms accused of failing to address physical climate risks

James S Murray
clock • 2 min read

Report argues that oil and gas sector is largely failing to assess extent to which costly fixed assets will be affected by climate change

Oil and gas companies are not only major contributors to climate change, they are also uniquely at risk from the impacts of global warming. But despite the dual legislative and operational risks they face,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Water companies urged to 'take action' as more droughts declared across England

Water companies urged to 'take action' as more droughts declared across England

National Drought Group urged to 'step up' response to drought conditions, after England records driest start to a year since 1976

Stuart Stone
clock 16 July 2025 • 6 min read
'This isn't just about one bank': HSBC becomes first major UK bank to quit Net Zero Banking Alliance

'This isn't just about one bank': HSBC becomes first major UK bank to quit Net Zero Banking Alliance

Green finance groups fear HSBC's exit from the net zero industry group could see the banking sector's 'dangerous rollback' on climate action cross the Atlantic

Stuart Stone
clock 15 July 2025 • 7 min read
State of the Climate: Met Office warns ever more extreme records are 'not a natural variation'

State of the Climate: Met Office warns ever more extreme records are 'not a natural variation'

Major new analysis concludes the UK's climate is 'notably different' to just a few decades ago, as Ed Miliband prepares to challenge political opponents on how they would respond to escalating climate impacts

Stuart Stone
clock 14 July 2025 • 8 min read