Comments on: FT REPORT – FUND MANAGEMENT: ‘Greenwash’ muddies the waters http://www.royaldutchshellplc.com/2008/02/04/ft-report-fund-management-greenwash-muddies-the-waters/ News and information on Royal Dutch Shell Plc. Tue, 22 May 2012 20:09:10 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: derek whatling http://www.royaldutchshellplc.com/2008/02/04/ft-report-fund-management-greenwash-muddies-the-waters/#comment-81503 derek whatling Wed, 06 Feb 2008 12:23:36 +0000 http://royaldutchshellplc.com/2008/02/04/ft-report-fund-management-greenwash-muddies-the-waters/#comment-81503 Oil and gas sector companies are at the moment the companies that keep industry in business. There can be no escaping the fact that fossil fuels, hydrocarbon extraction is, when used, environmentally 'sub-optimal'. However, these companies have also invariably contributed to enhancing, mittigating or offsetting their environmental footprint. For example, in considering biodiversity impact, at least at site level, and social impact within processes like environmental impact assessment and social impact assessment. I would hold that these companies are good ethical investment companies and do far more, albeit because of the sensitive nature of the business, for green related issues than many other so called less environmentally sensive industries. Oil and gas sector companies are at the moment the companies that keep industry in business. There can be no escaping the fact that fossil fuels, hydrocarbon extraction is, when used, environmentally ‘sub-optimal’.

However, these companies have also invariably contributed to enhancing, mittigating or offsetting their environmental footprint. For example, in considering biodiversity impact, at least at site level, and social impact within processes like environmental impact assessment and social impact assessment.

I would hold that these companies are good ethical investment companies and do far more, albeit because of the sensitive nature of the business, for green related issues than many other so called less environmentally sensive industries.

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