HSBC: Oil majors at risk from 'unburnable' reserves

Will Nichols
clock •

HSBC study finds meeting international climate goals could strip 60 per cent of the value from companies such as BP, Shell, and Statoil

Oil and gas majors, including, BP, Shell, and Statoil, could face a loss in market value of up to 60 per cent should the international community stick to its agreed emission reduction targets, analysts...

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

Will Nichols
Author spotlight

Will Nichols

View profile
More from Will Nichols

Intelligent Energy hails 'transformational' £1.2bn India fuel cell deal

The end of the beginning...

More on Risk

'Widely overlooked': Investors urged to wake up to air pollution risk
Risk

'Widely overlooked': Investors urged to wake up to air pollution risk

Report argues tackling air pollution is fundamental to protecting health and safeguarding the value of long-term investments

Amber Rolt
clock 21 January 2026 • 2 min read
'A world in the red': Is the global economy entering an era of 'water bankruptcy'?
Risk

'A world in the red': Is the global economy entering an era of 'water bankruptcy'?

Major UN-backed report calls for fundamental reset of global water management, as it warns many regions are living beyond their hydrological means

Amber Rolt
clock 20 January 2026 • 8 min read
The economics of climate risk ignores the value of natural habitats
Risk

The economics of climate risk ignores the value of natural habitats

Where risk rises, returns have to rise too. Where ecosystems are protected, financing becomes cheaper

Narmin Nahidi, University of Exeter - The Conversation
clock 16 January 2026 • 4 min read