These recommendations can be a tool both for investors (to assess how companies are aligning their climate lobbying and policy advocacy activities with the goals of the Paris Agreement) and for companies (clear articulation of what they should support, or at least not actively obstruct, in their own financial interests and in pursuit of a Paris-aligned future).
For the energy transition to be successful, public policies must address the fundamental factors of reliability, affordability, safety, justice, and equity, and should bring more certainty for the oil and gas sector. Critically, enforcement provisions are of equal importance to the rules themselves, and both public and private oil and gas companies should be held to the same standards.