oil and gas
Net-Zero Asset Owner Alliance sets expectations for oil and gas investments and calls on companies and policymakers to align with 1.5C pathways
The Net-Zero Asset Owner Alliance publishes its Position on the Oil and Gas Sector, setting new requirements for members and formulating key expectations for oil and gas companies (produces and consumers) and policymakers.
Position on the Oil and Gas Sector
The Net-Zero Asset Owner Alliance's Position on the Oil and Gas Sector sets out clear expectations for the three key stakeholder groups: investors, oil and gas companies, and policymakers. Alliance members shall incorporate the guidelines into their individual internal policies in 12 months following the publication. The expectations for companies and policymakers are directed to these actors as well as to Alliance members, who may use them as guidelines for engagement.