Finance
Climate Talk Overtakes ‘Growth’ on Fossil Fuel Conference Calls
The largest oil and gas companies increasingly employ the language of ESG when talking to investors during conference calls and presentations, a Bloomberg analysis shows.
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The world’s biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
That, at least, is according to a Bloomberg analysis of conference calls for the world’s 25 biggest fossil fuel producers including Exxon Mobil Corp. and Gazprom PJSC. The data shows how environmental buzzwords and key phrases such as “carbon”, “climate change” and “renewables” are finding its way into conversations with analysts and investors like never before.