Business Markets - 30/April/2021

New supply chain law could help spur the energy transition

An upcoming EU supply chain law may see multinational oil and gas companies face a rise in lawsuits stemming from the environmental impacts of their operations. These traditional energy firms may consider driving more investments into less-risky renewables as a result

Nigerian and Ugandan oil projects have faced national court cases in Europe over environmental harm

DUE DILIGENCE New laws will mean companies have to evaluate even greater risks for new oil and gas projects

SAFER BET Cleaner energy projects, notably wind and solar, could benefit as companies seek to protect their investments

KEY QUOTE Companies will have to prove that they have set up appropriate processes to identify risks of whether and how their suppliers might violate international standards ...

 

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