The recent Energy Risk conference hosted in Calgary, AB this June brought to life some points of contention around Canadian oil derivatives during a panel advocating for a unified Canadian oil benchmark.
To date there has been little discussion about commodity futures within ESG frameworks - neither the Organization for Economic Cooperation and Development (OECD) nor the UN Principles for Responsible Investment (UNPRI) provides comprehensive guidance on commodity futures. We have researched this and will be sharing a comprehensive white paper “Commodity Investing in the Age of ESG and Inflation”. This month’s blog summarizes one of the white paper’s core considerations, that futures offer exposure to commodities with zero environmental impact.