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

'All systems are flashing red': How the world is failing in its climate goals

'All systems are flashing red': How the world is failing in its climate goals

The latest State of Climate Action report reveals that for all the progress sparked by the clean tech boom, the global economy is still badly off track for meeting its net zero goals

James Murray
clock 22 October 2025 • 11 min read
UNEP: Vast majority of methane 'super-emitter' alerts still going unanswered

UNEP: Vast majority of methane 'super-emitter' alerts still going unanswered

The number of methane alerts that trigger a response has risen 10-fold, but nearly 90 per cent of warnings are still going ignored, according to a new UN report

Stuart Stone
clock 22 October 2025 • 3 min read
'Huge cause for concern': Atmospheric CO2 reaches new high after record spike in 2024

'Huge cause for concern': Atmospheric CO2 reaches new high after record spike in 2024

Wildfire emissions and reduced CO2 absorption by carbon sinks push atmospheric CO2 to record levels, UN agency reveals

Stuart Stone
clock 16 October 2025 • 4 min read