Closing the Governance Gap in Joint Ventures
Businesses are increasingly partnering to meet their strategic objectives — but neglecting governance puts JVs and their shareholders at risk.
Companies in the oil and gas, chemicals, and mining sectors are among those with the highest environmental, social, and governance (ESG) risk profile.
But making meaningful improvement in environmental performance means companies will need to address their joint ventures (JVs), and in particular their non-operated JVs (NOJVs), which represent a material portion of the production of many companies in the extractive industries.
Read the full article originally published in the Oil, Gas & Energy Law.