The Energy Workforce & Technology Council launched the third year of its ESG Certification Program last week. The program is hosted in partnership with Pickering Energy Partners, the Envision Group and support from Accenture and Climeco.
The year-long program will educate members and cross-industry partners on best practices to manage evolving ESG criteria and reporting requirements. Companies within the oil and gas industry are aware of society’s expectations, as well as the many opportunities and challenges the future holds. The program demonstrates the need for robust reporting and communication and will share practical guidelines on why, how and what to report. Participants will learn how to develop a reporting strategy and framework.
The first seminar included participants from more than 20 companies, including Berkley Oil & Gas, BJ Energy Solutions, Brigade Energy Services, CDI Energy Products, Detmar Logistics, Encino Environmental Services, Evers & Sons, First Horizon, GIS, HMH, Hunting Energy Services, Key Energy Services, Milestone Environmental Services, MRC Global, NOV Inc., Oil States International, Ranger Energy, Savage Brands, Shawcor, Solaris Oilfield Infrastructure, SPM Oil & Gas, A Caterpillar Company, U.S. Well Services and Vallourec.
During the seminar, Dan Romito, Consulting Partner, Pickering Energy Partners, presented on “Instituting a Data Driven Approach to ESG Strategies.” In addition to addressing the current state of ESG data, Romito spoke to the cohort about the strategic concerns and shortcomings of the energy transition, competing for capital within a decarbonizing world, and how to create a successfully integrated, actionable and practical ESG program.
DISCUSSION & BREAKOUT GROUPS
During the first session, participants discussed definitions of sustainable leadership, corporate sustainability, corporate social responsibility and ESG. The Envision team considered topics such as why investors care about ESG, principles of reporting, how to integrate ESG into your business and why reporting is important.
The seminar closed with participant feedback on what they learned throughout the morning and what they hope to get out of the training.
“Throughout this session I have been processing the concept that there are so many different metric agencies out there that are tracking this information and trying to condense it for usability whether it’s for our purposes or for the accounting agency’s purposes. For all field services industries, it will be interesting to understand throughout the course how that impacts us and what the right direction is to go, as well as immersing ourselves in the information out there about ESG today and starting to observe how that information is parsed out for our use.”ESG Program Participant
Quarterly best practice sharing sessions will be held throughout the year. These are critical opportunities for participants to learn what approaches have worked in other companies and how they may apply to their organizations.
Registration is still open for the course with a deadline to join before April 28. Contact COO Molly Determan for more information.
Peggy Helfert, Vice President Programs and Events, writes about the Council’s sector-specific best practices and leadership. Click here to subscribe to the Energy Workforce newsletter, which highlights sector-specific issues, best practices, activities and more.