The Carbon Strategy Service (CSS) assesses and benchmarks the carbon strategy, performance, and regulatory exposure of oil and gas companies, placing these in the context of current and anticipated climate change policy developments. Drawing on in-house databases, modeling capabilities, and intellectual resources from each of PFC Energy's established groups, the service brings expertise on upstream, downstream, country-level and geopolitical analysis to the nexus of energy and climate change. Covering a total of 30 operators, the CSS provides an integrated view of oil and gas companies' relative positioning on key strategic parameters in the context of rising carbon constraints, continued growth in energy demand, and the systemic need to achieve a longer-term reduction in the carbon intensity of world energy supply.
The Context
As fossil fuels continue to dominate the world energy supply, climate change policy and regulatory measures to manage increasing greenhouse gas (GHG) emissions are becoming an increasingly urgent priority for governments around the world.
The way in which energy companies respond to operational, financial, and reputational risk arising from climate change has the potential to significantly affect their shareholder value. An articulate, transparent, and well-executed plan to address climate change has become an essential component of corporate strategy, and companies in the oil and gas sector have shown that they are increasingly recognizing the value of being perceived as applying coherent and effectively implemented carbon strategies. But how are they actually performing on this dimension, and how does this align with their external communications?
Client Benefits
- The CSS goes beyond the climate change rhetoric to provide a framework for assessing and benchmarking the carbon strategy and performance of individual oil and gas companies, focusing on concrete and measurable indicators of their strategic positioning, performance, and climate change regulatory exposure.
- The CSS provides an in-depth understanding of key operators' carbon strategies and – relying on PFC Energy's in-house database and portfolio modeling capabilities – enables an assessment of oil and gas operators' GHG emissions profiles and resulting exposure to carbon regulation.
- Through systematic carbon policy tracking and related topical analyses, the CSS keeps clients abreast of key trends in climate change policy and carbon regulation, focusing specifically on the implications for the oil and gas sector.
For further information on the CSS or to arrange an introductory presentation of the service and obtain access to sample CSS documents, please contact carbon@pfcenergy.com.