IDEAS home Printed from https://ideas.repec.org/a/epw/energy/v5y2025i3id7165.html

Evaluation of ESG-Strategies of Oil and Gas Companies

Author

Listed:
  • Agil Mammadov

    (MGIMO-University, Moscow, Russian Federation)

  • Prigoda Roman

    (Crimson Global Academy, Moscow, Russian Federation)

Abstract

One of the most critical factors in transforming the economy and society toward a low-carbon economy, equal opportunities, and long-term sustainable development is the alignment of energy companies’ activities with ESG principles. The ESG agenda is attracting increasing attention from investors, governments, central banks, and many of the leading global companies. As a result, studying ESG principles and implementing proprietary ESG strategies by oil and gas companies not only benefits the environment and society but is also essential for maintaining and enhancing competitiveness. This article examines the concept of ESG and its principles, analyzes the best international practices in implementing relevant strategies in the oil and gas sector (using Equinor, BP, EOG Resources, and leading Russian companies as examples). In conclusion, general recommendations for improving the ESG transformation of the oil and gas sector are provided.

Suggested Citation

Handle: RePEc:epw:energy:v:5:y:2025:i:3:id:7165
DOI: 10.24018/ejenergy.2025.5.3.165
as

Download full text from publisher

File URL: https://eu-opensci.org/index.php/ejenergy/article/view/7165
File Function: Abstract page
Download Restriction: no
File URL: https://eu-opensci.org/index.php/ejenergy/article/download/7165/1131
File Function: Full text
Download Restriction: no
File URL: https://libkey.io/10.24018/ejenergy.2025.5.3.165?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;
;
;
;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:epw:energy:v:5:y:2025:i:3:id:7165. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Support Team (email available below). General contact details of provider: https://eu-opensci.org/index.php/ejenergy .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.