Shifting priorities: Participants at a plenary session at the COP28 summit in Dubai. The talks attracted a record attendance from the oil and gas industry. — AFP
DUBAI: A COP28 pledge by energy majors to reduce their emissions is not enough to convince many sustainable fund managers to include the companies in their portfolios because it omits pollution from the use of oil and gas, according to six interviews with Reuters.
The pledge by 50 of the biggest oil and gas companies at the UN climate talks in Dubai commits to reaching near-zero methane emissions by 2030 as well as net-zero carbon emissions in their energy use and production by 2050.
