Course description
The oil and gas industry has been a pioneer in promoting CSR. As the world’s largest energy user, it has a far-reaching impact on the environment and the economy. The industry’s strong commitment to CSR has resulted in many innovations and benefits, including reducing the energy use of fossil fuel-based power plants, reducing emissions by reducing the use of diesel and other fossil-fuel-based power throughout the value chain, providing fuel security by helping to ensure there is an adequate supply of oil and improving access to clean energy by engaging with rural and disadvantaged and many more.
When should a business engage in sustainable practices?
Significant talk about sustainability in the oil and gas sector has existed for decades. Still, with more and more businesses joining forces to lessen their carbon footprint, there has never been a better time to concentrate on sustainability practices in the corporate world. While the advantages of implementing eco-friendly methods in your company may initially appear rather elusive, there are many ways to transform your organization into a more sustainable one, from raising general productivity to cutting costs.
Upcoming start dates
Suitability - Who should attend?
Who should attend?
This training course from Rcademy is appropriate for professionals from the Oil and Gas industry:
- Senior management
- Policymakers
- Departmental heads and managers
- Team leaders
- Project managers
- Entrepreneurs
Outcome / Qualification etc.
This course from Rcademy has been designed with the following objectives:
- To understand relevant terminologies and concepts such as carbon footprints, green emissions, green technology, etc.
- To appreciate the need for CSR and sustainability in business practices of the Oil and Gas business
- To understand ways of incorporating CSR into the company’s policies and plans
- To create a solid platform on which all parties can present new concerns related to sustainability
- To discover powerful business techniques for creating change
- To learn about the latest trends and emerging practices in the field of CSR
Training Course Content
Module 1: Rise of Corporate Social Responsibility
- The changing role of business in the globalized economy
- Historical perspective
- Arguments in favor and against CSR
- Conceptual Framework of CSR
- CSR by companies posing environmental and safety risks
Module 2: Sustainability in Oil and Gas Business
- Understanding the concept of sustainability
- Contributing to the Sustainable Development Goals
- Cleantech Innovations
- Understanding the carbon footprint
- Energy sustainability
Module 3: Using Sustainable Technologies and Strategies
- Reduction of emissions
- Green technology
- Decreasing freshwater usage
- Recycling and reusing water
- Concept of digital oilfields
Module 4: Environment, Social, and Corporate Governance (ESG)
- Implementation of ESG strategies
- Benefits of effective ESG
- Relevance of ESG in the oil and gas business
- Sustainable Investing
Module 5: Global Reporting Initiative
- Global standards for sustainability reporting
- Global Reporting Initiative
- Integrating SDGs into sustainability reporting
- Steps in GRI reporting
- GRI reporting framework
Module 6: Global CSR Challenges
- Increasing demand for transparency and accountability
- Awareness from investors
- Making CSR connect with profitability
- Inadequate assessment of CSR dimensions
- Ethical Issues in CSR
Module 7: Measurement of CSR Performance
- Dimensions of CSR
- CSR assessment
- Setting benchmarks
- Using KPIs
- CSR measurement tools: employee satisfaction ratio,
- Greenhouse gas emission, etc.
Module 8: Attaining Sustainability through CSR Initiatives
- Building trust and loyalty
- Integrating CSR with SDG
- Environmental responsibility
- Ethical responsibility
- Economic responsibility
Module 9: Green Petroleum
- Concept of greening
- Concept of zero waste in the Product Life Cycle
- Green energy
- Green refining and gas processing
Module 10: CSR on Environmental Dimension by the Oil and Gas Industry
- Efforts to become a green company
- The balance between operations and environmental impact
- Green indicators
- Reduction in violations
Module 11: CSR on Economic and Social Dimensions by Oil and Gas Industry
- Financial sustainability
- Sustainable finance development
- Preserving the profitability
- Improvement in quality of life
- Improving the reputation of the organisation
Module 12: Implementation of CSR in Oil and Gas Business
- CSR policy integrated with corporate mission
- Aligning CSR plans to business operations
- Stakeholder analysis
- CSR communication
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Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...