Investors, customers, and regulators demand real corporate commitments to environmental sustainability. Energy and commodity markets have always been defined by volatility. Adding the complexity of navigating the energy transition and Environmental, Social, and Governance (ESG) reporting only ramps up the challenges.
If you don’t have a program to manage your carbon risk, you need one. Not just to demonstrate to your shareholders and the public that sustainability matters — it does — but because you are otherwise foregoing a critical opportunity to capitalize on the good things your company is already doing. A well-executed carbon management program is about balancing these components in the smartest way.
Regulatory Compliance, Stakeholder Priorities, and Financial Optimization
For most industrial firms and the downstream uses of production output for producers and midstream companies this is . What’s the breakdown of your company’s energy usage by source, and how is this usage tracked? Especially in the wake of production disruptions in the volatile markets that have accompanied COVID-19, a real-time view of data is all-important.
Next, we need a clear understanding of your company’s environmental goals. Do you want renewable energy to come from your own facilities, or the credits and offsets available for purchase on the open market? Do you want credits that finance projects with social benefits beyond green energy? How much is that worth to you? Does your analysis take into account the balance between liquidity, risk, and optionality?Carbon Insights within your at-a-glance RiskNet Dashboard
A weekly intelligence report for energy commodities, featuring rapid energy industry news recaps, emerging opportunities, underappreciated risks, and more. Sent every Sunday.