In the recent Q3 best practice sharing session, members of the Energy Workforce ESG Certification Program cohort and ESG Committee gathered to discuss data collection and reporting, as companies are approaching the reporting season. Participants engaged in extensive discussions regarding the challenges of obtaining accurate and consistent data for reporting, with a particular focus on sharing this data with suppliers, customers and investors. Key takeaways from the discussion on data collection included:
- Commence data collection with existing company systems, such as fuel cards and IVM systems
- Easily obtainable data includes Scope 2 emissions, which can be sourced from utilities
- Understand the processes employed by third-party software in data processing
- Regularly convene meetings with key data stakeholders to identify and address any data gaps
- Identify subject matter experts within different divisions who are responsible for collecting and interpreting data
During the session, participants assessed whether their company’s ESG activities align with their intended image and identified areas of excellence and improvement. They also established priorities for ESG data collection and reporting as the certification program approaches completion.
ESG Committee Members facilitating discussions and sharing critical insights included Advisory Board Member Mark Reed, Mustang Cat; Katy Tresslet, Deloitte; and Morgan Johnson, Kirby. The program cohort has representation from more than 15 companies, including Brigade Energy Services, CDI Energy Products, Cooper Machinery Services, Gulf Interstate Engineering, Helmerich & Payne, HMH, Integrated Well Services, Kimray, Inc., Milestone Environmental Services, Moncla Workover & Drilling, Mustang Cat, Natural Gas Services Group, Oil States International, Patterson-UTI, ProFrac Services, ProPetro Services, Ranger Energy Services, Smart Sand and Trillium Flow Technologies.
If you are interested in learning more about Energy Workforce’s extensive leadership development programs, contact Vice President Programs & Events Peggy Helfert. For companies looking to engage further on sustainability and the ESG Committee, contact Senior Director Energy Policy Maria Suarez-Simmons.
Maria Suarez-Simmons, Senior Director Energy Policy, writes about industry-specific policies for the Energy Workforce & Technology Council. Click here to subscribe to the Energy Workforce newsletter, which highlights sector-specific issues, best practices, activities and more.