Carbon Tracker Initiative - Oil & Gas Company Assessment of Transition Risk and Paris Alignment
Data category
- Environmental data
- Governance data
- Rankings
- Ratings
- Research data
The data offers solutions for:
- Climate scenario analysis
- Environmental impact analysis and insight
- Investment decisions and portfolio insight
- Temperature alignment
- Transition plan assessments
- Transition risk assessments
Who are the data users?
- Corporates
- Financial institutions
- Investors
- Asset owners and asset managers
Brief description of the data offering
We provide our ratings and ranking of transition risk exposure of 60 of the world’s largest publicly traded oil and gas companies based on their investment options, with additional metrics for the 25 largest producers. This analysis underpins our flagship report Paris Maligned II and allows asset owners, asset managers, sustainability and stewardship analysts, as well as other stakeholders, to gauge the transition risk exposure of 25 of the world's largest publicly traded oil and gas companies across five metrics of climate alignment in oil and gas:
Capital expenditure plans – quantitative analysis of all unsanctioned oil and gas projects. For each company, we model the compatibility of all project options, assuming business-as-usual investment strategy, with a range of demand scenarios. We also highlight key individual projects approaching final investment decisions that may be incompatible with the slow- and moderate-paced transition scenarios.
Recent project sanctions – quantitative analysis of recently sanctioned oil and gas projects that may be incompatible with slow- and moderate-paced transition scenarios.
Production plans – qualitative assessment of oil and gas production plans based on guidance publications.
Emissions reduction targets – qualitative analysis of greenhouse gas emissions reduction goals, based on Carbon Tracker’s “Hallmarks of Paris-Aligned Emissions Targets”. We assess whether targets can be used as credible proxies for hydrocarbon production plans, based on the inclusion of Scope 1, 2 and 3 emissions, absolute interim milestones, and emissions from non-operated assets.
Executive remuneration policies – quantitative and qualitative analysis of executive compensation plans. We estimate the extent to which chief executive officers are incentivised to grow oil and oil and gas production.
This report consolidates our reseach from individual company profiles, published in tandem.
Where and how do you source your data?
Our least-cost analysis of capital expenditure is based on asset-level data provided by Rystad Energy, which we model under demand scenarios published by the International Energy Agency. Additional data was sourced from corporate disclosures.
Our analysis of production plans, emissions reduction targets, and executive remuneration plans is based on data collected from corporate disclosures, e.g. annual reports, quarterly results, sustainability reports, investor day presentations, proxy statements, press releases, and other SEC filings.
What is the cost for your data offering?
Our research and the supporting datasets are available for free. See our ratings and rankings at https://carbontracker.org/reports/paris-maligned-2/ and our Company Profiles at https://carbontracker.org/company-profiles/
Contacts
For more detail about the assessments, please contact Maeve O’Connor at moconnor@carbontracker.org