Summary
This report by the World Benchmarking Alliance (WBA) evaluates and orders the world's most influential oil & gas companies based on their low-carbon performance. The evaluation merges the Assessing Low Carbon Transition Oil & Gas framework with the WBA's indicators for social and equitable transitions. This method offers a broad evaluation of companies' efforts toward a fair and inclusive shift towards low-carbon practices. Despite small improvements in some companies' scores since the 2021 assessment, the report finds negative trends among many companies.