Oil and gas producer Carbon strategy

CASE STUDY
Oil and gas producer
Carbon strategy development.
Client
Industry
Lead consultant
Engagement
Prioritisation tool
Objective
Western Australian
oil and gas
producer
Oil and gas
Brian Innes
Executive level
engagement is
essential
Marginal
Abatement Cost
Curve
Progress to
an ‘innovator’
Energetics worked with a Western Australian oil and gas producer
to develop and implement a carbon strategy in response to climate
change risks and opportunities. Through the facilitation of an
executive level strategic workshop, the client was able to gain
executive level commitment to a climate change response and to
understand current and desired future positioning. The client was
then able to develop projects and actions to work towards their
desired position as an innovator in climate change.
Outcomes
Following work on compliance projects,
Energetics helped the client to
recognise the need to think more
strategically about its response to
climate change. Energetics helped the
client to:

Gain executive level buy-in and
commitment to climate change
initiatives

Understand the current level of
engagement and gauge the level
of aspiration for climate change
positioning

Set goals and objectives for
improvement

Define actions to achieve their
‘innovator’ aspiration.
Determining the need for
a carbon strategy
Through the initial provision of
compliance program support,
Energetics helped the client to
recognise the need for its organisation
to start thinking more strategically
about its response to climate change.
Key personnel were unaware of the
position their executive leadership team
held in relation to climate change and
were asking such questions as:

What should our position on a
carbon price be?

What are the profitability risks and
opportunities of a carbon price?

Do we have executive support to
prioritise mitigation analysis and
planning?

Do our public statements reflect
what we are doing or what we want
to be doing in relation to climate
change?

Is our infrastructure vulnerable to
climate change?
the carbon strategy development process
is essential.
To gauge the level of aspiration that the
executive team had in relation to climate
change positioning, Energetics referred
to its ‘Denial-Innovator’ continuum. We
plotted the existing sophistication of the
company’s thinking around climate
change and the discussion then moved
to where the organisation would like to be
with the client. The client identified that it
currently sat at ‘reactive’ but would like to
move between ‘proactive’ and ‘innovator’.
The client was aiming to be able to
anticipate and devise innovative
responses to shifts in the social, political
or economic landscape as a
consequence of climate change.
In consultation with the client, Energetics
developed a scope for an executive level
workshop and a plan for responding to
workshop outcomes. The intention was
to develop key themes and actions for
the clients’ strategic carbon response.
Executive carbon strategy
workshop
Executive level engagement throughout
© ENERGETICS PTY LTD 2012 | AFSL329935 | WWW.ENERGETICS.COM.AU
ENERGETICS IS A CARBON NEUTRAL COMPANY
CASE STUDY Cont.
Oil and gas producer
Carbon strategy development.
Partners in action
planning
The objective to progress to ‘innovator’,
encouraged staff to develop business
cases for projects to achieve this goal.
In the initial strategy workshop, a list of
projects was analysed for risks and
opportunities. These projects included:

Refining internal knowledgesharing processes in order to be
on the front foot for all carbon and
energy related matters

Development of a Marginal
Abatement Cost Curve to prioritise
mitigation opportunities across all
Australian facilities
Energetics has worked with
Australia’s largest energy users for
over 25 years and helped many
with their energy and carbon
strategies.

Determining a shadow carbon price
forecast to inform all investment
decisions
For more information on how
Energetics can support your
company, contact:

Establishing an adaptation strategy
WA: Brian Innes
(08) 9429 6400
[email protected]
Energetics is in the process of
supporting its client with the refinement
and implementation of the key climate
change actions. We are also working
with the client to establish a formally
documented carbon strategy and project
tracking tool.
© ENERGETICS PTY LTD 2012 | AFSL329935 | WWW.ENERGETICS.COM.AU
ENERGETICS IS A CARBON NEUTRAL COMPANY