Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold
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Goldman Sachs analyst Michele Della Vigna suggests ESG investors should reconsider excluding oil and gas stocks, arguing that these companies are critical for the energy transition, will remain essential through mid-2030s to mid-2050s, and are significant investors in low-carbon technologies.
April 14, 2025 | 5:30 am
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Goldman Sachs' perspective could potentially increase institutional interest in energy sector ETFs by repositioning oil and gas companies as transition enablers.
Goldman's analyst suggests oil and gas companies should be viewed as ESG-compatible, which could drive increased institutional investment in energy sector ETFs like XLE.
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