Industry watchdog InfluenceMap analysed more than 3,400 public communications from BP, Chevron, ExxonMobil, Shell and TotalEnergies in 2021, and found that while 60 percent of all messages contained at least one "green" claim, only 12 percent of the five's new spendings were earmarked towards low-carbon activities in 2022
Paris, France: Energy majors are exaggerating their green credentials in public messaging while continuing to allocate the majority of new investment to oil and gas projects, according to an industry analysis released Thursday.