PRI finds limited disclosure of fracking activity, impacts

Oil and gas producing and servicing companies provide “very limited” disclosure around risks and impacts of their hydraulic fracturing (fracking) activity, according to research commissioned by the Principles for Responsible Investment (PRI).

Fiona Reynolds, UN PRI managing director

Fiona Reynolds, UN PRI managing director

Overall, the PRI-commissioned report found that most firms do not provide a clear picture of their fracking activities, “even within markets where there is a high level of production and servicing activity,” PRI said.

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Rachel Alembakis

Publisher/Editor at The Sustainability Report
Rachel Alembakis has published The Sustainability Report for more than three years. She has more than a decade of experience writing about institutional investments and pension funds for a variety of publications.