CCU technologies as a tool to achieve Scope and ESG goals

Abstract

The work examines current methods for the development and study of environmental, social, and governance aspects (ESG factors) in connection with international and governmental measures for sustainable development. It covers the UN Sustainable Development Goals and the Paris Agreement, which incentivize the consideration of ESG factors, as well as the impact of ESG on the industry and investors, particularly in the oil and gas sector. The authors delve into CO2 utilization technologies (CCS, CCUS, CCU) and the challenges of their implementation in various sectors. The role of oil and gas companies in sustainable development through the implementation of CCU technologies is analyzed; methods for capturing, transporting, and utilizing CO2 are discussed, along with technologies for producing chemicals from CO2 and their efficiency. The influence of CCU technologies on Scope 1, 2, 3 emissions, defining greenhouse gas emissions, is also examined. The challenges of transitioning to sustainable development and the importance of implementing CCU projects to enhance the ESG-rating of companies are highlighted. Sound implementation of CCU projects can determine successful industrial development, especially in the oil and gas sector, by reducing carbon dioxide emissions and creating competitive products.