The majority of oil and gas investors would support lower dividends if it meant companies increased their low-carbon spending. According to a 2023 survey, 60 percent of investors were in favor of such actions, of which 20 percent showed strong support.
Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023
Original survey question asked as: "What is your level of support for O&G companies reducing dividends to accelerate investments in low-carbon solutions?"
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Deloitte. (October 18, 2023). Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/
Deloitte. "Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023 ." Chart. October 18, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/
Deloitte. (2023). Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023 . Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/
Deloitte. "Share of Investors Supporting Lower Dividends to Increase Spending on Low-carbon Projects by Oil and Gas Companies Worldwide as of 2023 ." Statista, Statista Inc., 18 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/
Deloitte, Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/ (last visited November 10, 2024)
Share of investors supporting lower dividends to increase spending on low-carbon projects by oil and gas companies worldwide as of 2023 [Graph], Deloitte, October 18, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1455338/oil-and-gas-investor-support-for-low-carbon-spend/
