Energy poverty vs ESG emission concerns

Energy poverty vs ESG emission concerns

Tackling emissions has come to dominate discussions around ESG, driving concerns that progress is slipping on tackling the energy gap that continues in many African states.

Investors are no longer simply looking for the best return on capital. Increasingly, they are also aiming to hit ESG targets, with a focus on the environmental impact.

As a result, oil companies have fallen from favour over the last couple of years. The industry has failed to highlight what it is doing to provide energy for local needs.