Impact of climate change on the oil industry

Climate change refers to long-term shifts in temperatures and weather patterns, mainly caused by human activities, especially the burning of fossil fuels.

Climate change is a major influence on behaviour for many investors, and oil companies are adapting to ESG – Environmental, Social, Governance – considerations. interactive investor’s Lee Wild asks Panmure Gordon’s oil & gas analyst Ashley Kelty how he sees this playing out over the next 5, 10, 20 years.

Ashley Kelty

Director, Research Analyst, Oil & Gas