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Australian Energy Producers Journal Australian Energy Producers Journal Society
Journal of Australian Energy Producers
RESEARCH ARTICLE (Non peer reviewed)

Integrating Sustainability into your value stream

Richard Kydd A * and Tim Wall A
+ Author Affiliations
- Author Affiliations

A dss+, Sydney, NSW, Australia.

* Correspondence to: Richard.kydd@consultdss.com

The APPEA Journal 63 S82-S86 https://doi.org/10.1071/AJ22167
Accepted: 15 February 2023   Published: 11 May 2023

© 2023 The Author(s) (or their employer(s)). Published by CSIRO Publishing on behalf of APPEA.

Abstract

The year 2030, when the first regulatory climate targets will likely be required to be implemented in Australia, is less than eight years away. Increased shareholder focus along with regulatory and societal pressures means that whilst most Oil and Gas producers have introduced emissions-related targets, implementation has proven more difficult – let alone harnessing this evolution holistically across existing and new energy assets. Given the embryonic nature and ambiguity of Sustainability in many organisations, there is a need to identify how Sustainability-related activities and targets intersect with the current and future value chain of the business. Establishing a clear understanding of the broader organisation’s perception of Sustainability allows for the design and implementation of an integrated roadmap, which combines the technical projects associated with emissions reduction along with critical enabling activities to embed Sustainability as a value driver, rather than a discrete function. The audience will gain insights on how to de-risk the achievement of 2030 regulatory climate targets by adopting an integrated approach to Sustainability and our lessons learnt on how to ready the organisation and deploy this approach.

Keywords: Emissions Driver Tree, integration, materiality, maturity assessment, net carbon intensity, operating system, strategy, Sustainability.

Richard Kydd received his PhD in Chemical Engineering from the University of New South Wales in 2009. He has been working as a consultant to the Mining and Oil and Gas industries for the previous 12 years, working directly with clients to deliver productivity and unit cost improvements in Australia, Africa and Asia. Richard is currently the Sustainability Lead for dss+ for Australia and New Zealand, leading a team responsible for the development and implementation of Sustainability strategies and decarbonisation roadmaps.

Tim Wall is a Senior Advisor at dss+, with more than 40 years’ experience across oil, gas and more recently manufacturing industries. Prior to joining dss+, he most recently held the position of President Global Manufacturing and HSE for the Incitec Pivot Group. Tim was previously General Manager, Manufacturing at Caltex Australia. He worked previously for BP in Australia and in the UK for over 25 years in numerous senior roles across multiple geographies and diverse operating environments. Tim has a strong track record as a global senior executive delivering transformational outcomes in culture, risk management, operational excellence and ESG/Sustainability at both Company Director and Global Executive level.