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What is Occidental Petroleum's current ESG score, and what does it signify?
Occidental Petroleum's ESG score of 74 is commendable, indicating a strong commitment to environmental, social, and governance standards. This high score suggests good sustainability practices.
Analyzing ESG, how is Occidental Petroleum performing compared to its industry peers?
Occidental Petroleum overperforms a majority of its industry peers when it comes to ESG, ranking in the 81st percentile.
Why is tracking the ESG score important for investors?
ESG scores are crucial for investors as they provide insights into a company's long-term sustainability and ethical practices. High scores can indicate lower risk and a commitment to future-proofing, which is increasingly important to socially conscious investors.
How often does AltIndex update the ESG scores for companies like Occidental Petroleum?
AltIndex updates the ESG scores for companies, including Occidental Petroleum, on a monthly basis. This ensures that investors have the latest data to gauge the company's ongoing commitment to environmental, social, and governance standards.
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