The ESG Planning Guide for Energy Projects

So, what are you going to do about ESG?

ESG is a powerful concept that combines expectations for environmental (E) and social (S) benefits with effective governance (G), to ensure those benefits are achieved. How can project teams manage ESG with the same discipline, structure, and consistency that characterize the way they manage safety, cost, schedule, and quality? The answer lies in doing what teams do best: breaking down the problem into manageable chunks, setting up a process everyone can follow, working together to develop a plan to which all players can commit, and then executing that plan.

This Guide is a methodology for doing exactly that. It is a workbook, filled with predefined worksheets to be completed for each project. It provides a structure for planning workshops to address each aspect of an ESG plan. Having their own copy of the Guide ensures team members are "on the same page" throughout the project - save with bulk pricing discounts!

In addition to its use by project teams, this Guide can also be used by executives, investors, lenders, or government agencies as part of due diligence to ensure plans are in place to meet or exceed ESG requirements and expectations. 

What the industries are saying

The focus on social and environmental has shifted from a nice to have, PR-driven effort to an essential requirement for organizational survival. For many companies and individuals, the pressure to rapidly integrate ESG into their conventional way of working is daunting. Having a comprehensive primer on ESG, and step by step guide to follow, will accelerate the process and create value for corporations and investors alike. — Tara Wilson, Director, ECC Association; President, Eventsia Group

This Planning Guide is easy to follow and addresses ESG project planning in much the same way that project professionals think of safety, quality, and schedule performance. — Matt Sellers, Vice President, Kiewit Energy Group

Rather than pontificating, Westney dives right into breaking ESG down into concrete and intuitive building blocks which all project leadership teams face. This is a practical handbook for taking typically misunderstood concepts and turning them into critical components of successful project execution. — Lloyd Kirchner, Vice President - Zachry Group and Independent Director

With business decisions increasingly motivated by environmental, social, and governance (ESG) values, the distance between stated ideals and project-level practicality can be vast. The ESG Planning Guide for Energy Projects closes that gap. It's a systematic handbook designed to be used and not just read, with flowcharts and worksheets to help project collaborators turn broad goals into specific objectives. — Robert Tippee, Editor-in-Chief (retired), Oil & Gas Journal

Questions Answered

• What, exactly, does ESG mean for project managers and teams?
• How do teams translate the broad goals of ESG into specific objectives?
• How do they develop a project ESG plan to meet these objectives?

Features & Benefits

• Tailored to the specifics of an energy sector engineering and construction project
• Provides critical thinking questions and predefined worksheets to facilitate the planning process for each project
• Practical guidance for preparing and leading ESG planning workshops
• An efficient way to prepare a Project ESG Development Plan at the start of the project, as well as a Project ESG Execution Plan at the final investment decision

Audience

• Project managers and engineers
• Project teams
• Executives
• Management
• Energy lending and finance professionals
• Anyone who seeks to understand how, or relies upon, energy projects should implement ESG

About the Author

Richard Westney is Director of R/MW Consulting, Inc., implementing the firm's Planet-Centric PM™ methodology to assist owner/operators and service providers in navigating the energy transition.

Previously the founder of Westney Consulting Group Inc., (acquired by McKinsey & Company in 2019) his consulting areas include strategic project planning, risk management, and organization effectiveness for projects in the upstream (deepwater, onshore/unconventional), midstream (LNG manufacturing, pipelines), downstream (refining, LNG regasification), renewable, and petrochemical sectors.

The author or co-author of six books on project management, Richard has served as visiting faculty for graduate and executive programs at Texas A&M, Rice, and Stanford Universities, The University of Texas at Austin, The University of Houston, The Norwegian University of Science and Technology, and Moscow School of Management. A licensed professional engineer and certified project management professional, Richard was inducted into the National Academy of Construction in 2016. He holds a bachelor's degree in mechanical engineering from City College of New York, a master's degree in management science from Rensselaer Polytechnic Institute, and an executive MBA from Harvard Business School.

Details
Type: Softcover
Size: 7x10
Pages: 269
Published: March 2023
ISBN: 9781955578141