Oil and gas companies can no longer afford to ignore growing calls to reduce greenhouse gas emissions and accelerate the transition to a net zero emissions future. Ceres is spurring oil and gas companies to align their strategies with the low-carbon transition by reducing investment in high-cost, high-carbon fossil fuels, setting science-based GHG targets, and supporting ambitious climate policies.
Failure to address the risks presented by the low-carbon transition threatens the oil and gas sector’s long-term stability and profitability.
From record-breaking shareholder votes at ConocoPhillips and Phillips66, to stunning victories at ExxonMobil and Chevron, we’re driving investor engagement through Climate Action 100+ and the Ceres Investor Network to pull the world away from the climate change precipice.
Crashing oil prices, rapid evolution of clean energy technologies, and the expansion of climate and clean air policies worldwide are changing the prospects for future oil and gas demand. Ceres works closely with investors, regulators and public interest groups to improve disclosure by oil and gas companies and address the risks and opportunities associated with energy production — including methane emissions and addressing carbon asset risk.
We produce pioneering research on the impacts of shale energy production on vulnerable water supplies to help investors analyze key trends in water use and water risk exposure in the oil and gas sector by region and operator, and to spur the action needed from investors and companies to protect global water supplies.
Ceres Ambition 2030
Oil and gas is a priority sector of the Ceres Ambition 2030 initiative. Learn how we’re working to decarbonize six of the highest-emitting sectors and drive greater corporate ambition, transparency, and accountability.
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We work with investors and companies to create economic solutions to the world’s most pressing sustainability challenges that impact entire sectors of the economy.
