How Should Arctic Drilling Be Defined? The 3 Key Problems with Formulating Investment Exclusions

Zuzanna Lewandowska, Kristjan Jespersen

Research output: Other contributionNet publication - Internet publicationResearch


Oil and gas development in the Arctic has long been a subject of controversies, due to the vulnerability and pristineness of the arctic ecosystem, as well as the challenges that the region faces because of climate change. In the light of growing pressure from stakeholders, legislators, and the public, an increasing number of banks, insurers, and investors have been committing to restricting financing of arctic drilling. Typically, this is addressed by formally excluding the funding of oil and gas development in the Arctic from the firm’s investment universe.
Original languageEnglish
Publication date2022
Place of PublicationFrederiksberg
PublisherThe Business of Society
Publication statusPublished - 2022

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