• Class and Course

    Global Stewardship and Sustainable practices in oil and gas

    An introduction to the concepts of Corporate Social responsibility, stewardship and sustainability in the oil and gas business. The main learning objective is for participants  to have a broad understanding of these concepts and how they are applicable or may impact their companies.  

    Day 1

    • History of business and sustainable development.
    • Driving forces; changing norms and expectations– external and internal.
    • Root causes of unsustainability.
    • Stewardship, sustainability and CSR – differences.
    • Areas of Stewardship – major areas.
    • Change in mindset within Oil and Gas industry.

    Day 2

    • Upstream Value Chain and respective stewardship and sustainability best practices.
    • Social License to Operate.
    • Identification of major direct stakeholders and managing their expectations.
    • CSR value to the company and shareholders.
    • Managing external relations - Government, Societal groups, media.
    • Changing employee views and expectations from employers.

    Day 3

    • Potential strategies and impact on core business activities.
    • CSR as a competitive tool.
    • Organization stewardship mission statement and goals: short-term and long term.
    • Achieving balance between compliance and strategic opportunities.
    • Localism and Local Content – long term investment.
    • CSR metrics.
    • Sustainability reporting -what, where and targets.

    Day 4

    • Sustainability costs – financial and social.
    • Maximizing value from CSR.
    • Choices and decisions in design, implementation and embedding in corporate strategy.
    • Budget creation and use.
    • CSR SWOT analysis.
    • CSR Internal communications and engagement.

    Day 5

    • Geopolitical considerations that impact business and CSR choices.
    • Reviewing continuing value from CSR.
    • Financial and social assessment of strategy success.
    • How to change direction without diluting the perception of company’s CSR strategy.

    Anyone interested in understanding how and why social and sustainable responsibilities are driving how the oil and gas industry conducts business.  Employees of independent or national oil companies, industry organizations and service companies who are starting to or seeking to work in this area of the business.

    • Introduction to Corporate Social Responsibility (CSR) and community engagement
    • The business case for CSR
    • Key drivers of CSR agena at local, national and global levels.
    • CSR strategy and stakeholder perspectives
    • Measurement of Stewardship implementation impact and maintenance
    • Industry reporting of global stewardship

    No prerequisites to the course.

    Currently there are no scheduled classes for this course.

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