PRI signatories target fracking disclosure

Global oil and gas production and servicing companies currently provide very limited disclosure of the risks and impacts associated with their hydraulic fracturing (fracking) activity, according to research commissioned by the Principles for Responsible Investment (PRI) to support a group of 40 of its signatories that have recently launched a 3-year engagement to improve disclosure and practices in the sector.

The findings were released today as the UK Sustainable Investment and Finance association (UKSIF) celebrates Ownership Day, a national initiative to raise awareness of the financial benefits of active ownership and encourage investors to value high quality active ownership strategies. Find out more about the engagement here.

 

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