The ESG Committee recently set goals for 2021, which include a series of seminars focused on external stakeholder engagement and more education on rating and frameworks agencies.
In 2020, the committee focused on a first of its kind ESG training program for the energy sector. The Knowledge Sharing Certification Program culminated in November with 30 graduates who enhanced their knowledge on environmental, social, governance dimensions.
Beginning in March with a series of four half-day seminars, the 2021 ESG Certification Program will share practical guidelines on why, how and what to report, and thorough guidance on developing a reporting strategy and framework.
As part of the external engagement focus, the committee will develop a “PESA ESG Day” similar to how PESA Members hold day-long events for investors. Customers, rating agencies and other stakeholders will gain an understanding of the sector’s activities and efforts in ESG.
This year, the ESG Committee will also partner with other PESA Committees to deliver content and events where many of the issues overlap. In coordination with the Energy Transition committee, a seminar focused on Scope 1, 2 and 3 emissions will spur discussion on the role of oilfield and services companies in reducing emissions.
In conjunction with PESA’s Inclusion and Diversity Committee, the ESG Committee will host an event focused on the “Social” dimension. Social issues came to the forefront in 2020 as the economy and country suffered from the COVID-19 pandemic and long-standing inequities.
Part of the committee’s mission is focused on regulators and rating agencies. Throughout the year, the committee will host seminars dedicated to specific frameworks and expectations across the consumer and customer base.
If you are interested in joining the ESG Committee, please reach out to Tim Tarpley, Vice President Government Affairs.