ИСТИНА

Our study aims to assess the transparency of the world's largest oil and gas companies in terms of the availability of environmental data. In the study, we use our experience in the national environmental transparency ratings in Russia and Kazakhstan and apply some basic principles of these ratings to the global dimension. In particular, when assessing environmental transparency, we take into account only information published on corporate websites, in non-financial reporting and other accessible public resources. Our sample includes 32 oil and gas companies - global leaders in terms of daily production of liquid hydrocarbons (oil and gas condensate). Based on our preliminary analysis 20 companies were assigned to the high level of transperancy, 4 companies to the medium level, and 8 companies to the low level.