The sustainability efforts of oil companies contribute to their overall business strategy in several ways. Firstly, by reducing their greenhouse gas emissions, they are aligning themselves with global efforts to combat climate change, which can improve their public image and relations with stakeholders. Secondly, investing in renewable energy sources and carbon capture technologies can open up new business opportunities and revenue streams. Lastly, these efforts can also help them avoid potential regulatory penalties and meet any future legal requirements related to environmental sustainability.
Need to report your sustainability efforts to key stakeholders? Most companies make ESG reports publ...
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