UK’s Oil and Gas Authority mandates ESG reporting

In March 2021, the Oil and Gas Authority (OGA) reported on the results by their Environmental, Social and Governance (ESG) taskforce focused on the ‘E’ of ESG.

It evaluated environmental reporting requirements to deliver a fair and achievable framework for reporting climate metrics and disclosures.

This evaluation is “in light of a perceived lack of standardised metrics that are manageable, repeatable, and comparable for industry and investors”. The taskforce will report on the ‘S’ and ‘G’ aspects of ESG later in 2021.

RPS is a leading global professional services firm. They work across six sectors: property, energy, transport, water, resources, defence and government services. Gresham House Strategic PLC (LON:GHS) has a holding in RPS plc.

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