In a 2022 survey among energy sector executives, some 44 percent of respondents reported that investor pressure was the main reason for why their organization had implemented or was considering to implement Environment, Social, and Governance (ESG) programs. 40 percent of the respondents reported that was regulatory pressures was also one of the reasons for their organiyations implementing ESG policies.
Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022*
Energy sector decision-makers, including C-suite executives, in-house legal counsel, and investors from various energy sub-sectors. This question only reflects responses from executives.
Method of interview
Online survey
Supplementary notes
ESG stands for Environmental, Social, and Governance.
* The question was originally stated as "What are the chief reasons your organization has implemented, or is considering implementing, ESG policies? Please select all that apply:"
Figures exceed 100 percent as respondents could select more than one answer.
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Womble Bond Dickinson. (November 15, 2022). Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022* [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/
Womble Bond Dickinson. "Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022*." Chart. November 15, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/
Womble Bond Dickinson. (2022). Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022*. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/
Womble Bond Dickinson. "Reasons for Implementing or Considering to Implement Esg Policies in The Energy Sector Worldwide as of September 2022*." Statista, Statista Inc., 15 Nov 2022, https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/
Womble Bond Dickinson, Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022* Statista, https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/ (last visited January 08, 2025)
Reasons for implementing or considering to implement ESG policies in the energy sector worldwide as of September 2022* [Graph], Womble Bond Dickinson, November 15, 2022. [Online]. Available: https://www.statista.com/statistics/1285283/reasons-for-implementing-esg-policies-in-the-energy-sector/
