The oil and gas industry is under unprecedented pressure related to its role in society. All businesses are faced with the immense challenge of integrating the UN Sustainable Development Goals. Societies such as SPE can reach hundreds of thousands of individuals, providing resources and mobilizing professionals to take appropriate actions within their roles.
Due to the complex and competitive nature of the industry, many professionals are left wondering, “Are we doing enough, fast enough?” SPE can help provide virtual and in-person spaces for sharing what is working and not working, as well as realities vs. goals.
Leaders at the inaugural Gaia Summit determined that other forms of engagement are needed to encourage solutions and collaboration. SPE—as well as companies supporting SPE activities—can help facilitate the collection of new ideas and increase accountability throughout the industry and beyond.
The fourth and final principle relates to how the industry collaborates. The idea is to collaborate in ways consistent with the scale and urgency of the challenges until new universal practices are built. Companies can then compete when the practices are mature and measurable.
How do we leverage innovation and our best brainpower in service of sustainable socio-economic development that is within planetary boundaries?
Measuring What Matters
How can we best prioritize and measure which sustainability factors matter most? How do we support the generation of “fit-for-decision” content to support internal and external stakeholders?
Listening and Communicating
Creating the conditions for new ways of listening and communicating that generate trust and underpin collaboration.
Apply the collaboration principle to find affinities and synergies with all stakeholders working to redefine the role of oil and gas in serving humanity.