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

Workers on oil rig
RepRisk points out that oil or gas pipelines are generally located close to at least one environmentally sensitive site (Photo: Omar Torres/AFP/Getty Images)

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 ...

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