Energy Capital The Magazine Sep-Oct 2021-Edition 05

Page 82

Interview

future, energy companies that do not leverage ESG or write it off as unimportant are going to lose access to a growing pool of capital," Hillary added. But simply integrating an ESG approach in both capital raising and your business strategy isn't enough. For ESG to become truly effective, companies should consider where they are in terms of their size and activities. "No one size fits all when it comes to an ESG strategy, and no one size fits all with respect to ESG," Hillary noted. Another important topic to consider when talking about ESG strategies is the regulatory framework. "Right now, if you put one company's sustainability report next to another, it's not entirely apples to oranges; but it's certainly a red apple to a green apple just nothing looks exactly the same." However, as regulations align, the industry can certainly expect to see some 82


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