Repsol aims to achieve zero net emissions by 2050. With this announcement, Repsol maintains its leading position in the oil & gas sector on the energy transition. Setting the long-term goal of net zero emissions is an ambitious one, and will leave ESG investors scratching their heads on whether an oil & gas stock can be a green investment.
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Net zero by 2050, a first in oil & gas
Repsol aims to achieve zero net emissions by 2050. With this announcement, Repsol maintains its leading position in the oil & gas sector on the energy transition. Setting the long-term goal of net zero emissions is an ambitious one, and will leave ESG investors scratching their heads on whether an oil & gas stock can be a green investment.