Sustainability Discourse: How Oil and Gas Giants Are Transforming in the Context of the Transition to Low Carbon Economy

Mirela Panait (), Răzvan Gh. V. Ionescu, Claudia Covucci () and Ana Tănăsescu ()
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Mirela Panait: Petroleum-Gas University of Ploiesti
Răzvan Gh. V. Ionescu: National Institute for Economic Research “Costin C. Kirițescu”, Institute of National Economy, Romanian Academy, School of Advanced Studies of the Romanian Academy, Doctoral School of Economic Sciences
Claudia Covucci: Universitas Mercatorum
Ana Tănăsescu: Petroleum-Gas University of Ploiesti

Chapter Chapter 21 in Human Resource Development for Sustainability and Social Responsibility, 2026, pp 287-303 from Springer

Abstract: Abstract The main objective of this paper is to identify how European energy companies have changed their discourse surrounding climate change as a result of ever-increasing pressures by stakeholders, lawmakers, and the general public and whether or not the shift is backed by an actual reduction in greenhouse gases. With mounting calls for decarbonization and the increased scrutiny they face, are energy companies talking the talk or actually walking the walk? The study revealed a dramatic increase in climate-related talk in the annual reports of the companies analyzed, an increase that is also backed by a reduction in their direct emissions of greenhouse gases. The findings reveal the fact that companies are keen on letting the public know that they are reducing their greenhouse gases emissions and are no longer afraid of mentioning delicate topics for their business models, topics such as climate change.

Keywords: European energy companies, Sustainability, Climate change; CSR (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-032-09683-8_21

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DOI: 10.1007/978-3-032-09683-8_21

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