The Energy Workforce ESG Certification Program held its fourth and final seminar of the 2022 program last week in partnership with Pickering Energy Partners, the Envision Group and with support from ClimeCo.
Dan Romito, Partner, ESG Strategy & Implementation, Pickering Energy Partners, opened the session with a discussion on how participants can pragmatically solve the anticipated complexities of ESG, particularly heading into 2023. Thinking about how the upcoming year will be a important time on the regulatory front, Romito said he feels like 2023 will be a critical time for the energy industry in terms of reclaiming its narrative. The industry and service companies should prepare for 2023 by focusing on ESG scores, quantitative climate-focused metrics and SEC pressures amongst other trends. Romito’s presentation focused on the data elements of ESG and how disclosures and reporting influence the narrative a company and industry are constructing.
Envision Group CEO Pat Lipovski facilitated the half-day training and asked participants to take everything they have built and focus on expectations for their ESG task force committee teams, as well as finding key performance indicators for materiality as they prepare for their final reports. Participants who complete all requirements including the final report outlining plan for internal integration of ESG lessons learned, will be eligible for graduation on January 19, 2023.
During breakout sessions, participants were asked to discuss topics under each of the “environmental,” “social” and “governance” topics and identify those most critical to their business and what best practices in each area they could share with the group.
On the environmental front, William Nieuwenburg, BJ Energy Services, discussed how “low carbon technology is the most impactful and heavily weighted as far as the competitive advantage goes with customers.”
From the social perspective, Kari Cutting, Envision Group, suggested companies get to know their workforce by sending out a survey to their employees to obtain quantitative data on areas like retention and translate those findings to the overall business strategy of the company.
When thinking about sustainability, Nick Pero, Artera Services, said “on the governance piece, you also have to think about the proper controls and transparency to ensure the health of an organization and its functional operational sustainability”.
This year’s cohort is composed of participants from more than 20 companies in the energy services space, 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, MRCGlobal, NOV, Oil States International, Ranger Energy, Savage Brands, Shawcor, Solaris Oilfield Infrastructure, SPM Oil & Gas, A Caterpillar Company, U.S. Well Services and Vallourec.
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.