Asset Transfer Transactions
As oil and gas companies seek to reduce emissions and navigate the risks and opportunities of the energy transition, mergers and acquisitions (M&A) continue to be an integral part of industry business strategies. However, these transactions can result in an increase in overall emissions as assets are shifted from sellers with stronger climate commitments to buyers with weaker commitments.
Transferred emissions create physical, legal, reputational and transition risks for the companies and financial institutions involved.
To help investors assess and manage risk from oil and gas M&A, Environmental Defense Fund and Ceres developed this guide that presents actionable steps and real-world examples of current industry best practice.
Implementing this guidance can create opportunities for all parties involved to create long-term value, and lead to a new…
Read the full article originally published at business.edf.org.