Oil and gas
The oil and gas industry faces global consolidation, as well as needing to reduce its environmental footprint, improve its social impact and reputation, and use energy and resources more efficiently.
Issues
- Reputation management
- Supplier and vendor environmental and social responsibility
- Climate strategy, renewable energy and clean fuels
- Bio-diversity and environmental impacts of resource exploration and operations, including depletion of natural resources
- Workforce health and safety
- Social/community impact
Client examples
US-based international petroleum company
We identified the EHS risks and risks to corporate reputation associated with a potential venture candidate with operations in Russia and Eastern Europe. This due diligence, combined with benchmarking of the candidate’s performance and compliance management with major local/regional competitors, provided the client with insight into the sustainability risks associated with the envisaged business venture.
European-based multi-national petroleum, natural gas and petrochemical company
We developed and implemented a global assurance programme for reported EHS performance parameters (including greenhouse gases), together with assurance over specific areas of social management and aggregation of social data. This recurring engagement provides the client with an essential component of its overall EHS and social performance and reporting programme.
European-based multi-national petroleum, natural gas and chemical company
We advised the client on the design and implementation of its climate-change strategy. This included the design of an internal emissions-trading scheme and attendant guidelines for allowance allocation, reporting and defining internal emission-reduction projects, inclusion of credits from external projects and the treatment of external credits in corporate-level emission accounts.
Iberian petroleum, natural gas and chemical companies
We have helped various clients build their greenhouse gases inventory, and developed a complex tool based on international guidelines for monitoring and reporting on these specific industrial processes.