Sustainability and ESG in the Energy Industry
Environmental, social, and governance (ESG) tracking and reporting have become essential considerations for clients in all industries, but impact energy companies in particular. As these companies seek to reduce their carbon footprint through ESG initiatives, they must tackle the challenges ahead while ensuring their continued, influential role in the global economy.
We help the world’s leading energy companies implement and use digital tools to gain greater visibility into their ESG metrics, improve control over their operations, and reduce costs.
Social and Regulatory Pressures Are Climbing
Energy and utilities industry consumers, regulatory bodies, and stakeholders are demanding more transparency and concerted efforts towards ESG initiatives. To meet and exceed these expectations and requirements, companies must address many challenges that currently limit their transparency and reporting of key performance indicators. What’s more, organizations are struggling to comply with regulations that have yet to be standardized.
The difficulty is compounded by uncertainty surrounding whether the current workforce will be able to support the mass quantities of data created from tracking and reporting ESG initiatives. Furthermore, disparate systems and manual processes will have to be automated, which requires technical assistance and change management.
All of this makes it essential for energy and utilities companies to have an experienced partner by their side.
Open New Opportunities With Advanced ESG Tracking and Reporting
According to a scenario analysis by MSCI ESG Research, energy and utilities companies would lose a third of their total value on average if policymakers were to immediately act on limiting global warming to 1.5˚C by midcentury. They could lose twice as much if the transition is delayed. Partner with Perficient to begin accelerating your ESG efforts and open new doors for your organization, including:
Execute Transformational ESG Strategies
Environmental
- Operational efficiency
- Predictive maintenance
- CO2 emissions
- Supply chain management
Social
- EHS/HSE
- Worker safety
- Digital twins
- Remote asset management
- Safety incident tracking
Governance
- HCM
- HR
- Regulatory reporting
- Compliance
Companies We've Helped Transform
Drive Efficiencies With Digital Oilfield Transformation
Digital and technology solutions can unlock the full potential of oilfields by optimizing performance, improving efficiency, reducing costs, and increasing safety. Oil and gas companies can leverage advanced digital technologies and data analytics to make more informed and data-driven decisions, leading to increased profitability and sustainable production.
Elevating ESG Insights to Improve Transparency and Trust
What if a modernized data infrastructure and cloud-based tool could aggregate portfolio data and enable easier reporting of environmental, social, and governance (ESG) metrics? The ability to report on ESG metrics greatly aids investor relations and funding and helps attract a more-diverse range of investors. With our help, these advisors can now quickly personalize portfolio recommendations based on a client's personal values and share ESG metrics in near real-time.
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Meet the Experts
John Latham
John is the managing director of Perficient’s Houston office, where he helps energy and utility companies achieve both near-term goals and long-term vision by leveraging a portfolio of strategic end-to-end capabilities. His philosophy is that people and ideas make things happen.
Sean McGrath
Sean is a principal and digital strategy lead for the energy & utilities industry. He has more than 25 years of experience in technology, continuous improvement, and management consulting.
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