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Sustainability Discourse: How Oil and Gas Giants Are Transforming in the Context of the Transition to Low Carbon Economy

In: Human Resource Development for Sustainability and Social Responsibility

Author

Listed:
  • Mirela Panait

    (Petroleum-Gas University of Ploiesti)

  • Răzvan Gh. V. Ionescu

    (National Institute for Economic Research “Costin C. Kirițescu”, Institute of National Economy, Romanian Academy, School of Advanced Studies of the Romanian Academy, Doctoral School of Economic Sciences)

  • Claudia Covucci

    (Universitas Mercatorum)

  • Ana Tănăsescu

    (Petroleum-Gas University of Ploiesti)

Abstract

The main objective of this paper is to identify how European energy companies have changed their discourse surrounding climate change as a result of ever-increasing pressures by stakeholders, lawmakers, and the general public and whether or not the shift is backed by an actual reduction in greenhouse gases. With mounting calls for decarbonization and the increased scrutiny they face, are energy companies talking the talk or actually walking the walk? The study revealed a dramatic increase in climate-related talk in the annual reports of the companies analyzed, an increase that is also backed by a reduction in their direct emissions of greenhouse gases. The findings reveal the fact that companies are keen on letting the public know that they are reducing their greenhouse gases emissions and are no longer afraid of mentioning delicate topics for their business models, topics such as climate change.

Suggested Citation

  • Mirela Panait & Răzvan Gh. V. Ionescu & Claudia Covucci & Ana Tănăsescu, 2026. "Sustainability Discourse: How Oil and Gas Giants Are Transforming in the Context of the Transition to Low Carbon Economy," Springer Proceedings in Business and Economics, in: Isabel Novo-Corti & Xose Picatoste & Marco Valeri (ed.), Human Resource Development for Sustainability and Social Responsibility, chapter 0, pages 287-303, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-09683-8_21
    DOI: 10.1007/978-3-032-09683-8_21
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