This was ERM’s 4th year as the sustainability partner for CERAWeek.
As various factors including increasing investor pressure, spiralling development costs and supply/demand dynamics in the energy market continue to shift, we are seeing subtle, and not so subtle, changes of emphasis in the priorities of companies which include reduced capex spend, more caution around new markets/high cost exploration projects and the need to manage risk, compliance and reputation even more diligently. These come at a time of an increasingly competitive war for talent and the constant need to achieve greater operational excellence. All of these continue to challenge industry executives.
Learn more about CERAWeek 2014
This year we added our thought leadership around some of these themes. ERM has something to offer energy sector clients in terms of how they pursue the regulatory and public approvals needed to explore, produce, and process hydrocarbons, how they develop the capital projects needed to bring that produced energy to market, and how they operate and retire those assets in a safe, compliant, and sustainable way.
To this end, we had speakers talking about improving performance through operational excellence, obtaining a greater license to operate through better stakeholder engagement, the opportunities we are seeing for energy production in Africa and more technically how issues relating to methane are causing clients significant challenges.
Why ERM as a Sustainability Partner?
Sustainability is all we do. The breadth of experience over our 40 year history, means we have an unrivalled track record and excel at taking on the more complex and challenging projects that others seem reluctant to. Our team of strategy consultants act as trusted advisors to senior leaders in a number of the world’s leading companies to find solutions to their sustainable performance, operational and cultural challenges.
In looking at this, we seek to bring new insights and strategic solutions to our client’s issues . Using our multi-disciplinary skill base, our solution design teams will work with you to ensure that the proposed change is mindful of the constraints and realities of a client’s structure, culture and the wider market context.
Learn more about ERM's commitment to sustainability
ERM at CERAWeek
Tuesday March 4
Strategic Dialogue: Driving Operational Excellence: The Leadership Challenge
ERM sponsored the Strategic Dialogue Driving Operational Excellence: The Leadership Challenge. Leadership is by far the most important ingredient in building an organization culture and operating discipline. This breakfast offered a unique opportunity to have an open dialogue with leaders from companies that made significant progress in instilling systemic operational excellence mindset and culture. Seating is open. Each leader provided a snapshot of the company operational excellence journey followed by informal discussion.
Wednesday 5 March
Strategic Dialogue: License to Operate: The Growing Importance of Stakeholder Engagement
Keryn James, CEO, Asia Pacific spoke at the Strategic Dialogue License to Operate: The Growing Importance of Stakeholder Engagement, providing perspectives on the importance of bridging relationships among industry, regulators, and community stakeholders.
The panel included:
- Clay Bretches
VP, E&P Services & Minerals, Anadarko Petroleum Corporation
- Paul Jeakins
Commissioner & CEO, BC Oil and Gas Commission
- Andrew Slaughter (Chair)
Vice President, Upstream Research, HIS
Strategic Dialogue: Shale Gas & the Environment: Methane Emissions and Water
Methane emissions and water management and disposal are two of the most important environmental issues facing shale gas producers today. This panel discussed the state of science on these two important issues, the current regulatory landscape, and operational best practices.
Ken Weiss, ERM's Managing Partner for the Global Air Quality and Climate Change Practice, spoke at the Strategic Dialogue Shale Gas & the Environment: Methane Emissions and Water. Samantha Gross, Director of Integrated Research at IHS chaired the discussion.