Proximity to biodiversity sites increases companies’ ESG incidents and conduct risk

A new study maps the ESG risks presented by oil, gas and mining activities located in close proximity to key biodiversity areas, and compares public companies’ data to that of privately owned businesses.

A clear correlation exists between an extractive project’s proximity to an environmentally sensitive site, and the occurrence of environmental, social and governance risk incidents, a new report by ESG data provider RepRisk has found.