Environmental and Social Governance
Mitigating environmental impacts while improving local quality of life.Commitment to ESG Goals: Oil and gas firms are adopting stronger Environmental, Social, and Governance (ESG) frameworks to address concerns such as water usage, air pollution, and local community welfare. This includes reducing environmental damage and promoting transparent and ethical business practices.
Waste Management: Ships are working on improving waste management practices to minimize pollution in the ocean. This includes the proper disposal of garbage, sewage, and ballast water, as well as reducing oil spills through advanced technologies.
