Bloomberg: Canadian oil firms lag on environmental disclosure


Canada’s biggest energy companies including Suncor Energy (SU) and Imperial Oil (IMO) are trailing global peers in reporting environmental performance, according to data compiled by Bloomberg.

Scores for the largest Canadian oil and natural gas producers lagged behind those of many U.S. and European competitors, including Exxon Mobil (XOM), Shell (RDS.A, RDS.B) and even BP.

Increased environmental scrutiny is slowing proposals for pipeline developments such as TransCanada's (TRP) Keystone XL and Enbridge's (ENB) Northern Gateway.

Hess (HES) and Repsol (REPYF, REPYY) scored highest in Bloomberg's research.

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Comments (3)
  • lorneb
    , contributor
    Comments (330) | Send Message
     
    I long ago lost faith in the ability of the news media to present a completely factual report on just about any subject so cannot blindly accept this story as totally reliable. A simple study by left wing groups only presents one side of a story.
    8 Nov 2013, 11:16 AM Reply Like
  • tomlos
    , contributor
    Comments (1297) | Send Message
     
    They should've just linked to an article from GreenPeace.
    8 Nov 2013, 11:37 AM Reply Like
  • Peter Stevens
    , contributor
    Comments (318) | Send Message
     
    Trailing in "reporting" environmental performance.

     

    How about their *actual* environmental performance?

     

    Their score lags BP? So BP is really good at reporting all of the oil they spilled into the gulf, and the quantity of dispersant they spread in the water?
    8 Nov 2013, 02:45 PM Reply Like
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