ESG Reporting Made Easy
ESG (Environmental, Social, Governance) reporting is top of mind for many operators, with mounting focus brought about by downward pressure on oil prices, emission reduction targets, and increasing scrutiny from investors and stakeholders.
Now is the time for Canadian oil and gas companies to use ESG reporting as an opportunity to not only respond to these changing demands, but also to demonstrate progress they are making toward achieving
their ESG goals and objectives.
By leveraging our 20+ years of data and analytics expertise, GDM's ESG data and analytics are the first to give operators a truly balanced and objective perspective on their ESG performance.
GDM's ESG data and analytics deliver:
Objective, unbiased, consistent, and current industry activity data
Data trends and benchmarks
Custom data analysis
Included in standard ESG reporting frameworks (GRI and SASB), are a number of standard metrics that are crucial for operators to provide baseline data. Whether infrastructure is operating, inactive, or abandoned provides a picture of a company's liability and potential environmental impact.
But, it's also important to understand how this compares to the industry in general to paint an objective picture of ESG performance.
Environmental factors such as climate change, biodiversity, spills, land use, and water are key inputs for ESG reporting.
GDM has calculated a consequence risk score for every pipeline in Western Canada, taking into account factors like impact to protected or sensitive areas, proximity to densely populated areas, as well as accessibility and volume that could be released in the event of a spill.
We also know the location of each of the nearly 314,000 pipeline water crossings, and have calculated a prioritization assessment on each one.
An important component of social factors for ESG is how operators are engaging with communities, especially Indigenous groups.
GDM's ESG data and analytics includes significant insight into the energy infrastructure that exists on Indigenous lands. This includes identifying the locations, history, and operating conditions of infrastructure so operators have a clear picture of the assets they are responsible for in these sensitive areas.
Looking for more information?
These are just a few examples of the types of ESG data and analytics we have available. Our expert analysts can create custom reports, benchmarks, and peer-to-peer comparisons for you to get a more detailed view of your company's performance.