Energy Report
Interactive Map
Interactive world map
We tracked the cost of capital in both electric utilities (renewable and fossil fuel) and energy production (oil & gas, coal mining, and renewable fuels & technology) across three main regions: North America, Europe, and China.
Click on the map below to reveal results.
- All Regions
- China
- Europe
- North Ameria
All Regions
F1. GLOBAL ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F2. GLOBAL ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F3. GLOBAL ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_All-Regions-1024x870.png)
F4. GLOBAL ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_All-Regions-1024x870.png)
F5. GLOBAL ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F6. GLOBAL ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F7. GLOBAL ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_All-Regions-1024x870.png)
F8. GLOBAL ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_All-Regions-1024x870.png)
F42. GLOBAL ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F43. GLOBAL OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F44. GLOBAL OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F45. OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F46. GLOBAL ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F47. GLOBAL OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F48. GLOBAL OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F49. GLOBAL OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
China
The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F76. CHINA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F77. CHINA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F78. CHINA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_China-1024x870.png)
F35. CHINA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F36. CHINA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_China-1024x870.png)
F37. CHINA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_China-1024x870.png)
F38. CHINA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_China-1024x870.png)
F39. CHINA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_China-1024x870.png)
F40. CHINA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_China-1024x870.png)
F41. CHINA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_China-1024x870.png)
Europe
The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F56. EUROPE ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F 57. EUROPE OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F58. EUROPE OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F59. EUROPE OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F60. EUROPE ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F61. EUROPE OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F62. EUROPE OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F63. EUROPE OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F15. EUROPE ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F16. EUROPE ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F 17. EUROPE ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_Europe-1024x870.png)
F18. EUROPE ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_Europe-1024x870.png)
F19. EUROPE ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F20. EUROPE ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F21. EUROPE ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_Europe-1024x870.png)
F22. EUROPE ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_Europe-1024x870.png)
North America
The Accounting cost of debt, cost of equity and bond spreads are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F64. NORTH AMERICA ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F65. NORTH AMERICA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F66. NORTH AMERICA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F 67. NORTH AMERICA OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F72. NORTH AMERICA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F73. NORTH AMERICA OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F74. NORTH AMERICA OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F75. NORTH AMERICA OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F68. US ENERGY PRODUCTION BOND SPREADS,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Energy-Producers-3Year-Moving-Average-Bond-Spreads-01-1024x807.png)
F69. US OIL & GAS BOND SPREADS, TRBC SUBSECTOR
CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Oil-Gas-Sectors-3Year-Moving-Average-Bond-Spreads-01-1024x881.png)
F70. US OIL & GAS BOND SPREADS, SCOPE 1 & 2
EMISSION INTENSITY
F71. US OIL & GAS PRODUCTION BOND SPREADS, SCOPE 1 & 2 EMISSION INTENSIT
F23. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F24. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F25. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_North-America-1024x870.png)
F26. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_North-America-1024x870.png)
F31. NORTH AMERICA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F32. NORTH AMERICA ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F33. NORTH AMERICA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_North-America-1024x870.png)
F34. NORTH AMERICA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_North-America-1024x870.png)
F27. US ELECTRIC UTILITIES BOND SPREADS,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2024/02/ETRC-Report-2023_March-01.png)
F28. US ELECTRIC UTILITIES BOND SPREADS,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2024/02/ETRC-Report-2023_March-02.png)
F29. US ELECTRIC UTILITIES BOND SPREADS,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity-01-1024x704.png)
F30. US ELECTRIC UTILITIES BOND SPREADS,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC-01-1024x804.png)
- All Regions
- ASEAN
- China
- Europe
- Japan/Korea
- India
- Latam
- MENA
- North Ameria
All Regions
F1. GLOBAL ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F2. GLOBAL ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F3. GLOBAL ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_All-Regions-1024x870.png)
F4. GLOBAL ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_All-Regions-1024x870.png)
F5. GLOBAL ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F6. GLOBAL ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F7. GLOBAL ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_All-Regions-1024x870.png)
F8. GLOBAL ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_All-Regions-1024x870.png)
F42. GLOBAL ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F43. GLOBAL OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_All-Regions-1024x870.png)
F44. GLOBAL OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F45. OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F46. GLOBAL ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F47. GLOBAL OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_All-Regions-1024x870.png)
F48. GLOBAL OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
F49. GLOBAL OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_All-Regions-1024x870.png)
ASEAN
The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE COST OF EQUITY FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_ASEAN-1024x870.png)
Accounting cost of debt (ACC COD)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_ASEAN-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR OIL & GAS, BY TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_ASEAN-1024x870.png)
China
The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F76. CHINA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F77. CHINA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F78. CHINA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_China-1024x870.png)
F35. CHINA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_China-1024x870.png)
F36. CHINA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_China-1024x870.png)
F37. CHINA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_China-1024x870.png)
F38. CHINA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_China-1024x870.png)
F39. CHINA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_China-1024x870.png)
F40. CHINA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_China-1024x870.png)
F41. CHINA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_China-1024x870.png)
Europe
The Accounting cost of debt and cost of equity are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F56. EUROPE ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F 57. EUROPE OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F58. EUROPE OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F59. EUROPE OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F60. EUROPE ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F61. EUROPE OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F62. EUROPE OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F63. EUROPE OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F15. EUROPE ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_Europe-1024x870.png)
F16. EUROPE ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Europe-1024x870.png)
F 17. EUROPE ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_Europe-1024x870.png)
F18. EUROPE ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_Europe-1024x870.png)
F19. EUROPE ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_Europe-1024x870.png)
F20. EUROPE ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Europe-1024x870.png)
F21. EUROPE ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_Europe-1024x870.png)
F22. EUROPE ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_Europe-1024x870.png)
Japan/Korea
The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.
Accounting cost of debt
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_Japan-Korea-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_Japan-Korea-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_Japan-Korea-1024x870.png)
Accounting cost of debt (ACC COD)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_Japan-Korea-1024x870.png)
India
The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.
Accounting cost of debt (ACC COD)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_India-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_India-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_India-1024x870.png)
Accounting cost of debt (ACC COD)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ENERGY PRODUCERS, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_India-1024x870.png)
Latam
The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.
Electric Utilities
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_Latam-1024x870.png)
3-YEAR MOVING AVERAGE COST OF EQUITY FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY EMISSIONS INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_Latam-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF EQUITY FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_Latam-1024x870.png)
MENA
The availability and consistency of data in other emerging markets are limited and constrained; thus, the trends in the cost of capital may not be as accurate as those observed in Europe, North America and China.
Electric Utilities
Accounting cost of debt
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_MENA-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_MENA-1024x870.png)
3-YEAR MOVING AVERAGE ACCOUNTING COST OF DEBT FOR ELECTRIC UTILITIES, BY LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_MENA-1024x870.png)
North America
The Accounting cost of debt, cost of equity and bond spreads are compared between high-carbon and low-carbon firms operating in the energy production and electric utilities sectors.
F64. NORTH AMERICA ENERGY PRODUCTION ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-9-Energy-Producers-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F65. NORTH AMERICA OIL & GAS ACC COD,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-10-Oil-Gas-Sectors-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F66. NORTH AMERICA OIL & GAS ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-11-Oil-Gas-Industry-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F 67. NORTH AMERICA OIL & GAS PRODUCTION ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-12-Oil-Gas-Production-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F72. NORTH AMERICA ENERGY PRODUCTION COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-13-Energy-Producers-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F73. NORTH AMERICA OIL & GAS COE,
TRBC SUBSECTOR CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-14-Oil-Gas-Sectors-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F74. NORTH AMERICA OIL & GAS COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-15-Oil-Gas-Industry-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F75. NORTH AMERICA OIL & GAS PRODUCTION COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-16-Oil-Gas-Production-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F68. US ENERGY PRODUCTION BOND SPREADS,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Energy-Producers-3Year-Moving-Average-Bond-Spreads-01-1024x807.png)
F69. US OIL & GAS BOND SPREADS, TRBC SUBSECTOR
CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Oil-Gas-Sectors-3Year-Moving-Average-Bond-Spreads-01-1024x881.png)
F70. US OIL & GAS BOND SPREADS, SCOPE 1 & 2
EMISSION INTENSITY
F71. US OIL & GAS PRODUCTION BOND SPREADS, SCOPE 1 & 2 EMISSION INTENSIT
F23. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-1-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt_North-America-1024x870.png)
F24. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-2-Electric-Utilities-3Year-Moving-Average-Accounting-Cost-of-Debt-Based-on-Emissions-Revenue_North-America-1024x870.png)
F25. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-3-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC_North-America-1024x870.png)
F26. NORTH AMERICA ELECTRIC UTILITIES ACC COD,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-4-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity_North-America-1024x870.png)
F31. NORTH AMERICA ELECTRIC UTILITIES COE,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-5-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity_North-America-1024x870.png)
F32. NORTH AMERICA ELECTRIC UTILITIES COE,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-6-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-Based-on-Emissions-Revenue_North-America-1024x870.png)
F33. NORTH AMERICA ELECTRIC UTILITIES COE,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-7-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-Capacity_North-America-1024x870.png)
F34. NORTH AMERICA ELECTRIC UTILITIES COE,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/Appendix-8-Electric-Utilities-3Year-Moving-Average-Cost-of-Equity-and-Operating-CapacityLC_North-America-1024x870.png)
F27. US ELECTRIC UTILITIES BOND SPREADS,
TRBC CLASSIFICATION
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2024/02/ETRC-Report-2023_March-01.png)
F28. US ELECTRIC UTILITIES BOND SPREADS,
SCOPE 1 & 2 EMISSION INTENSITY
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2024/02/ETRC-Report-2023_March-02.png)
F29. US ELECTRIC UTILITIES BOND SPREADS,
SOLAR/WIND ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-Capacity-01-1024x704.png)
F30. US ELECTRIC UTILITIES BOND SPREADS,
LOW-CARBON ENERGY MIX
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2023/07/US-Electric-Utilities-3Year-Moving-Average-Cost-of-Debt-and-Operating-CapacityLC-01-1024x804.png)
![](https://sustainablefinance.ox.ac.uk/wp-content/uploads/2022/08/OSFG-x-OX-logo-RGB-1536x413-1-1024x275.png)
OxSFG was established in 2012 and is a multidisciplinary research centre working to be the world’s best place for research and teaching on sustainable finance and investment. We work globally across asset classes, finance professions, and with different parts of the financial system.