Press

Thomson Reuters Defines Global Energy Leadership with Ranking of Top 100 Companies


Energy leaders outperform S&P 500 and MSCI World Energy-Daily indices

TORONTO, November 14 –Thomson Reuters unveiled the Top 100 Global Energy Leaders, the industry's first, holistic assessment identifying today's leading energy companies. The study objectively determines the organizations that demonstrate the fortitude to excel in a complex business environment across eight pillars of performance: Financial, Management and Investor Confidence, Risk and Resilience, Legal Compliance, Innovation, People and Social Responsibility, Environmental Impact, and Reputation. The patent-pending methodology supporting the initiative was developed by Thomson Reuters Boston Innovation Lab.

“Leadership in today's competitive global marketplace extends beyond the balance sheet and looks at the organization holistically. Leadership is also defined by organizations that provide healthy and safe workplaces, cultivate diverse and equal opportunities, are innovative, have geographically diverse supplier and customer networks, and demonstrate an ability to reduce environmental impact,” Emily Lyons, managing director of the Thomson Reuters Energy Practice Group. “We applaud the leaders on this list as they represent the current vanguard among their peers by outsizing business challenges with the acumen and agility to stay one step ahead of constant change.”

  • Thomson Reuters Top 100 Global Energy Leaders' final scores across the pillars outshine 1,500- plus energy companies.

  • The organizations currently outperform the S&P 500, S&P 500 Energy, and MSCI World Energy- Daily indices in year-over-year gross profit by 16.52 percent, 37.93 percent and 1.41 percent. They also outperform the MSCI World Energy-Daily and S&P 500 indices in annual stock-price change by 5.55 percent and 10.93 percent.

  • The companies tend to score well in People and Social Responsibility as well as Risk and Resilience. They fared 30 percent better than their peers in Workforce and Human Rights; 26 percent in Resource Use; and are 20 percent more insulated from operational risk.

  • Europe is home to 41 of the leaders, comprising 19 countries on the continent. North America has a quarter of the top energy companies, with 19 of them hailing from the United States and 6 from Canada. Asia is home to 24 percent of the Top 100 Global Energy Leaders.

  • Sustainability is a critical component of ongoing energy leadership and some organizations are making great strides in decarbonizing.

     

“The unique, holistic approach Thomson Reuters is taking to identify energy leadership makes a lot of sense given today's complex business environment,” said Mark Walsh, national managing director - US Energy & Resources Industry, Deloitte Consulting LLP. “At Deloitte, we see how energy companies with operational excellence related to financial operations, risk-management strategies, secure and resilient supply chains, workforce health and safety mandates and responsible environmental practices are well positioned for success. Congratulations to the Thomson Reuters 2017 Top 100 Global Energy Leaders.”

The analysis also includes subsector rankings: the Thomson Reuters Top 25 Oil and Gas Honorees, Oil and Gas Related Equipment and Services Honorees, Renewable Energy Honorees and Multiline Utilities Honorees. Each list spotlights those companies that represent the top 25 organizations in their respective arenas.

Learn more about the methodology, download the full report and view the 2017 Top 100 Global Energy Leaders and subsector lists at http://tr.com/top100energy. Join the discussion on Twitter #TRenergy100.


Visit source site

https://thomsonreuters.com/en/products-services/en...

Thomson ReutersMSCI

More items from oilvoice


OPEC Pledges to Raise Production to Satisfy 100% of Target Cuts, Says GlobalData

Following today's announcement that participants at the 174th Meeting of the OPEC Conference in Vienna have collectively agreed to increase production to 100% of targeted cuts, Joseph Gatdula, Senior Analyst for Oil & Gas at GlobalData , a leading data and analytics company offers his view on w ...

OilVoice Press - OilVoice


Posted 15 hours agoOpinion > OPECProductionOil +2

Vattenfall and AREG to Share Renewables Opportunities at Subsea Seminar

UK subsea companies are set to be given an insight into supply chain opportunities for the European Offshore Wind Deployment Centre (EOWDC) ahead of the project going live later this summer. Those attending the lunch and learn at The Village Hotel in Kingswells on Tuesday (June 26), will also hear ...

OilVoice Press - OilVoice


   


Posted 17 hours agoEvent > United KingdomUKvattenfall +4

Ørsted Wins 920MW Offshore Wind Projects in Taiwan

aiwan's Ministry of Economic Affairs has announced the outcome of its first offshore wind auction. Ørsted was awarded 920MW capacity for its offshore wind sites in the Changhua region. Subject to Ørsted obtaining relevant permits and taking final investment decision, the projects are to be built in ...

OilVoice Press - OilVoice


Posted 17 hours agoPress > OrstedOffshorewind +3

Oil Company Additions to Proved Reserves in 2017 Were the Highest Since 2013

Source: U.S. Energy Information Administration, based on Evaluate Energy Note: Rest of world includes associated companies' reserves with unspecified geographies. In 2017, a group of the world's largest publicly traded oil and natural gas producers added more hydrocarbons to their resource b ...

OilVoice Press - OilVoice


Posted 17 hours agoOpinion > EIAEnergy Information Administration EIAUnited States +6

88 Energy Limited Operations Update

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) is pleased to announce the following update for its projects located on the North Slope of Alaska. Highlights Nitrogen lift continues at Icewine#2 Project Icewine – Icewine#2 Production Testing As at 1730 21st June (AK time), the f ...

OilVoice Press - OilVoice


Posted 20 hours agoPress > 88 EnergyOperations UpdateASX +5
All posts from oilvoice