With economies around the world grinding to a halt due to COVID-19 and its impact on the oil and gas industry, chief executives are reckoning in public with the challenge to reset their missions and steer their corporations towards minimizing carbon emissions. While corporate leaders have previously been vocal about, if not committed to, implementing emission reduction strategies, one CEO has led the way and is now asking the same of his peers. Brian Moynihan, Chairman & CEO, Bank of America, in a June 16 panel discussion on stakeholder capitalism and ESG (environmental, social, and governance) disclosure, appealed to directors on the boards of public companies to have a carbon neutrality commitment in order. More >>
