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With clarity on US and global emissions regulations, oil and gas companies can progress ESG compliance and create business value.
Three questions to ask
- Can certainty around US and global regulations enable progress toward decarbonization?
- What technology systems and processes are needed to progress carbon emissions reporting?
- How can oil and gas companies transition ESG data from lagging compliance exercises to front-line decision-making levers?
On the back of the Securities and Exchange Commission emissions disclosure ruling and additional releases around European Sustainability Reporting Standards for the Corporate Sustainability Reporting Directive, Ryan Bogner, EY Americas Digital Sustainability Leader, and Josh Loftus, Energy Director, Ernst & Young LLP, discuss how oil and gas companies can progress compliance and create commercial value by connecting operational data with environmental, social and governance (ESG) data.
Ryan and Josh share that unlocking value from ESG data doesn’t require brand-new technology or infrastructure. Many companies can connect existing core operational data systems with a centralized integration point and leading market emissions reporting solutions to create needed processes. The key is connecting data sources across the organization and moving from lagging processes to tracking and reporting to facilitate front-line decision-making that enables decarbonization.
Summary
By integrating emissions and operational data, oil and gas companies can enhance decision-making and drive value end to end.
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