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Concurrent 8. Oral Presentation for: ESG: To sound good, or to be good?

Ashley Starr A *
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A Technip Energies, Perth, WA, Australia.


The APPEA Journal 63 - https://doi.org/10.1071/AJ22324
Published: 2 June 2023

Abstract

Presented on Tuesday 16 May: Session 8

Technip Energies formed as a separate energy and technology company in 2021 focussed on supporting the energy transition. As part of the company formation, environmental, social and governance (ESG) principles through the sustainability strategy were recognised as needing to be embedded into processes and business development from day 1, noting the company is subject to current and upcoming EU reporting regulations for non-financial disclosure. This paper serves as a case study of how our company implemented ESG principles and requirements into the business strategy aligned with internal and external stakeholders and provides interim commentary on the relative success of the program, and future areas of focus on this journey. This paper explains the following: how our journey of developing our ESG Roadmap, ESG Scorecard and corporate structure, aligned with our company’s purpose of supporting the energy transition; how we have implemented a cultural change program similar to the principles previously adopted in the organisation for health and safety engineering management; and how the metrics associated with ESG reporting are ever expanding, especially as preparations are made to align with EU reporting regulations, and how digitalisation is required to support this; the processes adopted for measuring Scope 3 emissions, and how Scope 3 emissions can be targeted to demonstrate ‘being good’; and how we support ESG rating agencies to accurately report the ESG risk of our company given the importance of this to investors.

To access the Oral Presentation click the link on the right. To read the full paper click here

Keywords: emissions, energy transition, environmental, ESG, governance, greenhouse gas, scope 3, social, sustainability.

Ashley Starr is currently the ESG Champion for the APAC region for Technip Energies. In this role he is responsible for implementing corporate environmental, social and governance (ESG) initiatives in the region, as well as creating the cultural change required to embed ESG principles in our everyday business. Ashley completed a Mechanical Engineering degree (1st class honours) at the University of Western Australia in 2000. He started his working experience as a Technical Health and Safety Engineering (HSE) Engineer working on major onshore and offshore gas projects in Australia, Asia and Europe. He was then HSE Manager for the Prelude FLNG Project, then taking the role of Engineering Manager and Contract Holder for a client’s energy projects in Australia.