Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/271177 
Year of Publication: 
2023
Series/Report no.: 
Columbia FDI Perspectives No. 352
Publisher: 
Columbia University, Columbia Center on Sustainable Investment (CCSI), New York, NY
Abstract: 
When MNEs with strong environmental and governance commitments sell petroleum assets to companies with weaker commitments, climate and governance risks may increase. Governments and companies should revisit approaches to petroleum legal frameworks and update company and investor social responsibility to ensure standards do not slip when projects change hands.
Document Type: 
Research Report

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