Dan Genovese, Director Consulting Services, EnerCom, and myself, were able to sit down and talk about Environmental, Social, and Governance (ESG) and how it applies to the energy sector. Investors started looking at the ESG impact in the oil and gas space years ago, but many companies did not adopt policies until the green movement became a major factor in our society.


We talk about some of the best practices and some of the solutions we have provided. At EnerCom we are at the cross roads of energy and finance. We get to see all different views in the energy sector from investors, major corporations, and consumers. 


How, when, and what you report is critical to the investors and the success of any ESG program. For information  surrounding the ESG topics please contact Dan at [email protected]

 




In an article posted February 22, 2020, Latham & Watkins LLP  wrote: In 2017, Latham lawyers discussed how directors can use environmental, social, and governance (ESG) issues to enhance companies’ value.1 Since then, ESG has become a mainstream concern across companies, industries, and markets throughout the world. More than ever, companies’ ability to manage ESG risks and take advantage of new market opportunities can help them drive value for their stakeholders. Indeed, the rise of “stakeholder capitalism” and the idea that companies might serve a broader purpose beyond short-term shareholder returns has intensified the focus on ESG, and in many ways has changed the playing field.


Environmental  Components & Topics

  • Conservation of the natural world
  • Sustainability
  • Pollution reduction
  • Waste Management
  • Energy Conservation
  • Renewable Energy
  • Salt water disposal and reuse
  • Technology reducing power consumption



Social Components & Topics

  • Human Rights
  • Community relations
  • Shared stakeholder responsibilities
  • personal privacy
  • Community services
  • Foundation work


Governance Components & Topics

  • Board and executive compensation
  • Investor Relations
  • Good stewardship of the stakeholders interests
  • Accountability
  • Auditing systems 

Legal Notice