Saudi Aramco: Biased ESG Policies Will Undermine Energy Security ...Middle East

Environmental, Social, and Governance (ESG) investment, if outright biased against the oil and gas industry, is a threat to energy affordability and energy security, the chief executive of the world’s largest oil firm, Saudi Aramco, said this weekend. “As far as the future of capital markets is concerned, ESG is clearly a rising trend. And in my view, an increased emphasis on ESG is a move in the right direction,” the Saudi oil giant’s president and CEO Amin Nasser said at the Saudi Capital Markets Forum 2023 on Sunday.…

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