Marc Sharpe’s paper attempts to distinguish conscious capitalism, impact investing, sustainability and ESG. Based on his writings and the resource material provided provide your opinion on the intentions and realities on one of these four areas.

Each question requires an answer approximately 1.25 to 1.5
pages in length including graphs, tables, etc.

Question 1

Marc Sharpe’s paper attempts to distinguish conscious
capitalism, impact investing, sustainability and ESG. Based on his writings and the resource
material provided provide your opinion on the intentions and realities on one
of these four areas. Discuss its
potential, its challenges, its impact on the industry, and its impact on the
broader economy. You can pick one that
you support and argue for it or pick one that you oppose in our current system
and discredit it.

Question 2

Forecasts are that we are in for higher oil prices for
longer. Total Energies’ North Platte project enters
the final stage of its tender process and LLOG Exploration’s Leon and Chevron’s
Ballymore developments in the U.S. Gulf of Mexico is proceeding to the
development phase in 2022. While some capital has already been expended on
these projects, there are many potential pitfalls ahead. If you were a shareholder in these companies,
would you or do you believe these are wise capital investments? Why?
If you had the opportunity to question management at a shareholders
meeting, what would you ask them about these projects?

Question 3

Shell is attempting an ambitious
strategy of reducing its hydrocarbons, increasing its low carbon energy and
diversifying further into power. Other
companies such as Chevron are attempting to walk a tightrope while investing in
hydrocarbons but also trying to invest in newer smaller technologies that might
yield results in the future.
Independents are turning to strategies such as improving the carbon
footprint of their operations, using batteries, solar etc for power in the
field and eliminating flaring. You are
running a mid sized oil company, mainly U.S. centered but also with some
overseas operations in North Africa and the Mediterranean , Your company is mainly upstream with a few
midstream assets here. You are facing
shareholder pressure to provide a strategy for your company that insures
continued returns, lower carbon footprint, and the ability to transition at the
correct time. A shareholder with nearly
a 10% stake asks you the question in that regard at your shareholder
meeting. How do you answer?

Reference Links:

What
is the difference between upstream, midstream and downstream? – YouTube
The
Ongoing Challenge of Effective ESG Reporting and Data Disclosure – YouTube
The Ongoing
Challenge of Effective ESG Reporting and Data Disclosure – YouTube

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