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Date: 2024-08-16 Page is: DBtxt003.php txt00019410

Metrics
GRI webinar

Dialog from the GRO webinar on the Oil and Gas Sector Standards

Burgess COMMENTARY

Peter Burgess
From Me to All Panelists: 10:13 AM The SCOPE being described really annnoys me ... the damage done in the USE of oil and gas is where ecological damage is done !!!!!!!!!! From Miguel Perez Lundena to Everyone: 10:15 AM To Peter Burgess: indeed, that is why we are requesting oil and gas companies reporting under this standard to report on their scope 3 emissions. From Gillian Balaban to Me, All Panelists: 10:15 AM Thank you for your message. May I please ask you to add this to the Q&A tab, so we can address your concern later in the webinar Mila Strikova 10:37 AM are traders/blenders of oil products with biofuels covered? how do biofuels fit in this standard? Isobel O'Connell 10:38 AM Will the GRI sector standards working group or representatives be working with other standard bodies? Gillian Balaban would like to answer this question live. Anonymous Attendee 10:15 AM The downstream sector of the Oil & Gas is included?, meaning this the refineries? This question has been answered live Olena Pavlenko 10:35 AM How GRI connects with EITI? Why not to cooperate? This question has been answered live You 10:32 AM When I was a lot younger I was a corporate CFO. I did not work with words but numbers. We had standard costs for everything we made ... numbers not words. When is GRI (and indeed SASB) going to get to grips with numbering what a sustainable oil and gas sector looks like? This question has been answered live Bertrand BOUDIER 10:34 AM and how to demonstrate that an OG project can be a responsible investment? Anonymous Attendee 10:37 AM to confirm - this will be integrated into current reporting/the GRI index and not separate? and these topics, if material, can reference other relevant/existing disclosures This question has been answered live Irene Petkoff 10:37 AM Is there a clear reporting question on how companies are contributing to the SDG? This question has been answered live Scott Christensen 10:38 AM Are crude oil and natural gas marketing and trading organizations covered by this standard? Olena Pavlenko 10:38 AM Sorry, just one small issue - EITI Secretariat based in Norway, not Finland. Isabel Munilla 10:38 AM Could you walk us through the requirements related to reporting on stranded assets risk, including any reporting related to demand and price assumptions? Anonymous Attendee 10:39 AM How does this standard consider the variety of sector companies - National Oil Co., Integrated, Private etc. Should nature of company not be considerd? You 10:41 AM I have been involved with management in all my working life. Management is about moving the needle. We must move the needle to get to a sustainable world. How do we hold the oil and gas sector to do what they need to do in order to have a world that has BOTH energy and sustainability? How much emissions should be acceptable for a ton-mile of transport, for example? Irene Petkoff 10:41 AM Thank you, Pamela Anonymous Attendee 10:41 AM From this standard, it would no longer be necessary to consider the IPIECA guide for the O&G sector? Anonymous Attendee 10:15 AM The downstream sector of the Oil & Gas is included?, meaning this the refineries? This question has been answered live Mila Strikova 10:37 AM are traders/blenders of oil products with biofuels covered? how do biofuels fit in this standard? This question has been answered live Isobel O'Connell 10:38 AM Will the GRI sector standards working group or representatives be working with other standard bodies? This question has been answered live Aljaohra Altuwaijri 10:44 AM 1. What is the role of defining business relations in the sector standard? SOEs, JVs etc. Taking in mind the limited GRI standards that address the issues with JVs in host countries (i.e. the downside of using ownership control in determining what companies are included/eleminated in the Parent report). This question has been answered live Bertrand BOUDIER 10:34 AM and how to demonstrate that an OG project can be a responsible investment? Gillian Balaban would like to answer this question live. Olena Pavlenko 10:35 AM How GRI connects with EITI? Why not to cooperate? This question has been answered live Irene Petkoff 10:37 AM Is there a clear reporting question on how companies are contributing to the SDG? This question has been answered live Irene Petkoff 10:43 AM Why there is no representation of any US oil company in the working group? And in general very little represnetation of the US Emerson Martinez 10:47 AM Is the LNG bussiness included in this standards (including LNG Shipping transportation) You 10:32 AM When I was a lot younger I was a corporate CFO. I did not work with words but numbers. We had standard costs for everything we made ... numbers not words. When is GRI (and indeed SASB) going to get to grips with numbering what a sustainable oil and gas sector looks like? This question has been answered live Anonymous Attendee 10:37 AM to confirm - this will be integrated into current reporting/the GRI index and not separate? and these topics, if material, can reference other relevant/existing disclosures This question has been answered live Scott Christensen 10:38 AM Are crude oil and natural gas marketing and trading organizations covered by this standard? Gillian Balaban would like to answer this question live. Olena Pavlenko 10:38 AM Sorry, just one small issue - EITI Secretariat based in Norway, not Finland. Isabel Munilla 10:38 AM Could you walk us through the requirements related to reporting on stranded assets risk, including any reporting related to demand and price assumptions? Anonymous Attendee 10:39 AM How does this standard consider the variety of sector companies - National Oil Co., Integrated, Private etc. Should nature of company not be considerd? You 10:41 AM I have been involved with management in all my working life. Management is about moving the needle. We must move the needle to get to a sustainable world. How do we hold the oil and gas sector to do what they need to do in order to have a world that has BOTH energy and sustainability? How much emissions should be acceptable for a ton-mile of transport, for example? Irene Petkoff 10:41 AM Thank you, Pamela Anonymous Attendee 10:41 AM From this standard, it would no longer be necessary to consider the IPIECA guide for the O&G sector? Anonymous Attendee 10:44 AM If a company operates across the whole process, from exploration to production and marketing, what happens with the scope for the indicators? For example, in offshore exploration, it is not easy identify impacts on community human rights behnam 10:44 AM Hi. what are the differences between reporting the utilittes and oil companies? are they diffent divisions completly or can we report the utilities like Oil Companies (and the differnces are just in some criteria)? You 10:48 AM How do you handle the reporting of the oil and gas sector on the country of Mauritius .... pollution is a a huge issue and generally ignored in profit maximizing world?
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