ERM joins 200 global energy industry leaders as sustainability partner at CERAWeek 2011
03 February 2011
Adapting to an uncertain world will be the focus of IHS Cambridge Energy Research Associates’ (IHS CERA) 30th annual executive conference for the oil & gas and power industries. To be held in Houston, Texas in March, CERAWeek 2011, Leading the Way: Energy Strategies for a World of Change, will bring together an international group of 200 industry, policy and financial leaders.
ERM will bring to CERAWeek 2011 its thought leadership and proven ability to help energy companies turn sustainability challenges into competitive advantage throughout the lifecycle of major capital projects. Research by ERM based on Goldman Sachs' data, indicates that as many as 70 per cent of the world’s biggest energy projects are materially delayed by sustainability issues (ie environmental, safety, and community/social issues). These sustainability-rooted project delays are occurring in OECD countries and non-OECD countries alike. With its global footprint, ERM has supported many of the world’s project financiers, owners, and operators as they identify, develop and execute on multi-billion capital projects worldwide at a time when reputation is increasingly key.
ERM Chief Executive John Alexander will join fellow business leaders to debate key issues including: What environmental threats does the energy industry face and how can it regain trust that has been lost through recent incidents? How to address concerns about the upstream industry's water footprint? And, what role can fossil fuels play in a low carbon future?
Global Commercial Director Shawn Doherty explains: “ERM is honored to be CERAWeek’s first sustainability partner - it fits perfectly with our strategy to become the sustainability consultancy of choice for corporations worldwide. Energy industries are facing an enormous challenge to meet global demand growth, which some estimate will increase 40 per cent by 2030, while governments, customers, and the public at large continue to press for cheaper, reliable, lower-carbon energy. Our sustainability advisors and their program management teams have something really important to offer our clients in this regard.”
ERM is the sustainability consultancy of choice for energy companies as they identify, develop and execute major capital projects in a world where reputation is increasingly key. With offices in 39 countries and over 3,600 staff we work with both business and government clients, helping them understand and manage their impacts on the world around them.
CERAWeek 2011 runs from 7-11 March 2011.