Shell, Exxon get high environmental ratings

Environmental ratings of selected oil firms [88,585 bytes] Environmental strategy recommendations [94,721 bytes] Royal Dutch/Shell and Exxon Corp. have emerged as the top two environmental performers in a study of selected oil and gas companies' "eco-efficiency." The study was performed by Innovest Strategic Value Advisors Inc., Toronto. "Shell's $500 million investment in renewables and Exxon's leading role with GM, Toyota, and Renault in the development of low-emissions gasolines were notable 'plus points,'" said Innovest. Innovest is an investment advisory firm that specializes in environmentally oriented finance and ...

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