How, Exactly, Do Oil & Gas Companies Define ESG?
The short answer to the question posed in our headline is this: There is no one definition for environmental, social, and governance (ESG) programs in the oil and gas sector. Everyone is making up their own definition as they go. Yesterday we told you how CNX is defining ESG, in very specific, measurable terms (see CNX Investing $30M in Underprivileged Communities in Tri-state Area). Also yesterday, we told you about Chesapeake Energy signing up for the same certification program EQT previously signed up for, called Project Canary, to prove their ESG crediblity (see Chesapeake Signs Up with “Responsibly Sourced Gas” Program). Today, in another post, we tell you about EQT expanding beyond Project Canary, enrolling in two more certification programs.
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