A Greener Shade of Oil: How Canadian Oil & Gas Issuers Address Climate Change Risks and the Potential for Clean Transition Bonds

In this commentary, we explore oil and gas (O&G) companies' initiatives and strategies to reduce their carbon footprint as well as financial markets' response and development. The piece also outlines how we assess climate change risks in evaluating credit ratings for our portfolio of O&G corporate issuers with a particular focus on the Canadian O&G industry and capital markets.