3min chapter

HSBC Global Viewpoint: Banking and Markets cover image

HSBC Transition Pathways: Unlocking the energy pathway

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Oil and Gas - Is There a Dedicated Emissions Plan in Place?

88% of companies who responded to the survey said they had a dedicated reporting plan in place for their transition targets. But only quite a small percentage of those are reporting on the full range of scope one, two and three emissions. "It's very hard to set a plan that can attack the bulk of emissions from your company," he says. 'The space is a lot easier to navigate than it was but certainly this is an additional exercise'

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