The majority of oil and gas executives favor investing in low-carbon sources alongside their core business. According to a 2023 survey, 41 percent of executives supported such diversification efforts. By comparison, most oil and gas industry investors favored an investment approach that would see a pivot away from the oil and gas core business toward low-carbon strategies.
Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023
Characteristic
Executives
Investors
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150 oil and gas executives, 75 institutional investors in oil and gas
Method of interview
Online survey
Supplementary notes
Excludes responses for "do not know" and "not sure". Original survey question asked as: "What is the prevailing sentiment in your organization regarding its commitment toward low-carbon fuels?"
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Deloitte. (October 18, 2023). Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023 [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/
Deloitte. "Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023 ." Chart. October 18, 2023. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/
Deloitte. (2023). Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023 . Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/
Deloitte. "Opinion of Oil and Gas Industry Executives and Investors on Ideal Level of Commitment to Low-carbon Fuels Worldwide as of 2023 ." Statista, Statista Inc., 18 Oct 2023, https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/
Deloitte, Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023 Statista, https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/ (last visited July 08, 2024)
Opinion of oil and gas industry executives and investors on ideal level of commitment to low-carbon fuels worldwide as of 2023 [Graph], Deloitte, October 18, 2023. [Online]. Available: https://www.statista.com/statistics/1455282/low-carbon-fuels-commitment-survey-worldwide/
