The Role of Sustainable Development Planning in our Industry - JPT, October 2014 by Roland Moreau

11-08-2016 08:49 AM

Over the past 15 years, sustainability as a term has matured from its initial “green” scope to embrace social agendas and has evolved from being an external force to become a set of organizational values and operating principles that govern development and operations in the oil and gas sector. A plethora of standards, guidelines, and good and best practices have been created by various sectors with the oil and gas industry being one of the most active in evolving its own guidelines. Both corporate strategy and corporate risk management have identified opportunities and risks and built in new checkpoints in their processes. There is still a long way to go to reach full integration of sustainability practices and factors in our industry's decision-making and planning. This article introduces the concept of a Sustainability Management System.

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