Sustainability in Oil & Gas Production; Exploration: Voluntary Sustainability Reporting
09:00am March 12, 2019 to 05:00pm March 13, 2019
As oil and gas production and exploration continues to be a priority, oil and gas companies and agencies are implementing regulations to help enhance the sustainability of the industry. While oil and gas production and exploration is not necessarily by nature the most sustainable practice in the world, the practices that the industry employs can increase in sustainability with regulations coupled with transparent tracking and reporting.
One of the methods in which oil and gas companies use to track their sustainability progress involves voluntary sustainability reporting, which is an organizational report that provides information on economic, environmental, social, and governance performance. An increasing number of organizations wish to improve the sustainability of their operations and activities, establishing a process to measure performance, set goals, and manage change – and a sustainability report is the key platform for communicating positive and negative performance, as well as capturing information that can influence policy and operations.
This course aims to assist oil and gas companies in developing and enhancing the quality and consistency of their sustainability reporting. It is designed for use by any oil and gas company operating nationally, regionally or internationally.
It will deliberately provide choices, not only for experienced reporters, but also to enable new reporters or smaller companies to focus on their most important issues at a level appropriate to their business and stakeholders. It recognizes that while some reporters are multinational public corporations, others may be state- or privately-owned companies, where local reporting tailored to individual stakeholders may be more important than aggregated reporting at the global level.