Environment, Social and Governance (ESG) driven Risk Management Certificate Course
Workshop Title: Environment, Social and Governance ( ESG) driven Risk Management Certificate Course.
Workshop Code: W-PDC2025-PRE 06
No of Days: 3 days
Date: 4th to 6th May 2025
Timing: 7:00 am to 3:00 pm
Instructors: Mr. Avinash Kumar and Mr. Balamuralikrishna Simma
Avinash Kumar:
A GHGMI-certified carbon accounting professional and a dedicated sustainability consultant with over 12 years of expertise in sustainability reporting, carbon markets, GHG accounting, and corporate ESG training. Passionate about driving impactful ESG solutions, excel in strategic implementation, delivering comprehensive sustainability strategies, and assisting in developing carbon credit projects. With a strong commitment to aligning organizations with global standards and regulations, I strive to advance sustainability goals by believing in nurturing a harmonious relationship with nature and promoting sustainable growth through innovative practices.
. Balamuralikrishna Simma
A GRI-certified sustainability professional, and a dedicated ESG-Sustainability consultant, advisor, and entrepreneur with over 12 years of experience in the domain, specializing in business sustainability integration, reporting, assessments, corporate strategies, and stakeholder engagement. With a proven ability to align businesses with global ESG standards, I have successfully driven impactful initiatives across diverse industries. My strengths include developing methodologies for ESG assessments, drafting policies for sustainability integration, and delivering leadership training. I am committed to creating measurable business value while championing sustainable practices.
Course Outcomes:
By the end of this course, you will:
- Understand the fundamentals of ESG and its relevance to the oil & gas sector.
- Build practical skills to identify and mitigate ESG-related risks, improving sustainability outcomes.
- Learn how to conduct a materiality assessment to prioritize key ESG issues for reporting and action.
- Learn how to measure and report ESG data points and KPIs aligned with global standards such as the Global Reporting Initiative (GRI).
- Gain tools to draft ESG reports that address compliance, stakeholder requirements, and project sustainability.
- Acquire a comprehensive understanding of ESG principles and their application to create sustainable and resilient projects.
Course Structure:
Day 1: ESG Fundamentals & Relevance to the Oil & Gas Industry
Session 1: Introduction to ESG and its Relevance to the Oil & Gas Sector
Overview of Environmental, Social, and Governance (ESG) principles
The growing importance of ESG in the oil & gas sector
ESG’s role in regulatory compliance, public perception, and risk management
Key ESG challenges specific to the oil and gas industry
Session 2: Global & Regional ESG Protocols and Regulations
Overview of global ESG standards (UNGC, SDGs, GRI, SASB) and their impact on the oil & gas sector
Sector specific ESG protocols and regulations: IPIECA
Local regulations governing ESG practices in key oil and gas markets
How oil and gas companies are adapting to evolving regulations
Session 3: Emission Reduction Programs & Targets in Oil & Gas
Understanding the importance of carbon emissions reduction in the sector
National and international frameworks for emission reduction (Paris Agreement, net-zero targets)
Key emission reduction strategies and technologies (carbon capture, renewable energy integration)
Setting and monitoring emissions reduction targets
How to set the safety training and development target
Case study: Successful emission reduction programs in oil and gas
Day 2: Building ESG Competence and ESG Risk Management
Session 1: Building ESG Competence in the Oil & Gas Sector
ESG competency frameworks for oil & gas companies
Integrating ESG into corporate culture and leadership
Training and capacity building for ESG implementation across teams
ESG governance structures and roles within organizations
Session 2: Identifying ESG Risks in the Oil & Gas Industry
ESG-related risks in the oil & gas sector (environmental, social, governance)
How ESG risks impact business sustainability, profitability, and reputation
Tools for ESG risk assessment and management
Addressing ESG risks across the supply chain and project lifecycle
Session 3: Mitigating ESG Risks and Improving Sustainability Outcomes
Strategies for mitigating environmental, social, and governance risks
Enhancing operational sustainability in exploration, production, and
refining
Collaborating with stakeholders to manage and mitigate ESG risks
Practical examples of successful risk mitigation in oil & gas
Day 3: ESG Reporting and Advanced Digital Applications
Session 1: Introduction to ESG Reporting and Global Standards
Overview of global ESG reporting frameworks (GRI, SASB, TCFD, CDP)
Reporting ESG data points and KPIs for oil and gas companies
Aligning ESG reports with investor expectations and stakeholder demands
Key components of an effective ESG report
Session 2: How to Conduct a Materiality Assessment for ESG Reporting
What is materiality in the context of ESG?
Conducting a materiality assessment to identify key ESG issues for oil and gas
Methods for prioritizing ESG issues based on business impact and stakeholder concerns
Practical steps in integrating materiality assessments into ESG reporting
Case study: Materiality assessments in the oil & gas sector
Session 3: Advanced Digital Tools and Applications for ESG Reporting
Digital platforms and tools for ESG data collection, analysis, and reporting
Future trends: The role of digital transformation in ESG practices
Session 4: Case Studies of ESG Success Stories in Oil & Gas & Other Industries
Case study 1: ESG success in oil and gas (e.g., emission reduction programs, community engagement)
Case study 2: ESG success in petrochemical and manufacturing industries
Lessons learned from successful ESG initiatives in high-impact industries
Best practices for integrating ESG into large-scale industrial projects
Course Delivery Format:
- Interactive Sessions: 6 hours per day with a combination of lectures, discussions, and group activities.
- Real-World Case Studies: Focus on ESG best practices and success stories in the oil and gas, petrochemical, and manufacturing industries.
- Practical Exercises: Engage with ESG risk management, materiality assessments, and reporting templates.
- Q&A Sessions: Open forums to discuss real-world challenges and solutions
