Energy

Articles for Energy covering Environment, energy, and water, Carbon management and net zero, Quality, risk, and operational resilience, relevant standards, and practical improvement resources.

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Energy

How can energy companies establish a sustainably improved energy management system?

During each customer questionnaire, annual inventory or audit period, energy industry managers often need to reorganize fuel, power generation, equipment efficiency, fugitive emissions, project contracting and supply chain data. The real difficulty is usually not filling in the last number, but the scattered information, different calibers, and confirming who provided it, who reviewed it, and why the previous version was modified. When the energy industry dealt with energy management in the past, each unit often collected fuel, power generation, and equipment efficiency based on their own forms and understandings.

Environment, energy, and waterISO 50001energy management+1
Energy

How can energy companies plan a carbon neutral path from carbon inventory?

In the past, when the energy industry managed carbon neutrality, the focus was mostly on completing annual declarations, customer requirements or single projects; now, energy transition, climate risks, carbon costs and stable supply requirements affect both asset and investment decisions. Therefore, data is no longer just the content of after-the-fact reports, but has gradually become a part of procurement, investment, operation and risk decision-making. When the energy industry dealt with carbon neutrality in the past, each unit often collected fuel, power generation, equipment efficiency, fugitive emissions, etc. based on their own forms and understandings.

Carbon management and net zeroSBTiGreenhouse gas inventory+3
Energy

How does the energy industry manage sustainability risks for engineering contractors and equipment suppliers?

The requirements for the energy industry from competent authorities, users, investors, local communities and equipment suppliers are gradually moving from policy commitments to specific data, calculation basis and improvement records. In terms of supplier sustainability management, companies must not only deliver results, but also explain data boundaries, methods, division of responsibilities and evidence. If you wait until you receive a questionnaire or verification notice before reorganizing it every time, it is easy to have inconsistent versions, and it will be difficult to provide credible information within the deadline. Energy Industry Past Processing Suppliers

Quality, risk, and operational resilienceSustainable supply chain and human rightsISO 20400+5
Energy

How can internal carbon pricing help the energy industry evaluate equipment and transition investments?

Is it sufficient to handle carbon costs and decision-making if existing management or relevant information has already been completed? For the energy industry, the answer is often not that simple. The boundaries, methods and evidence of concern are not exactly the same for different standards, clients and management purposes. Internal carbon pricing can use shadow prices, internal carbon fees or implicit carbon prices to compare the risks and benefits of plans under future carbon costs. When the energy industry dealt with carbon costs and decisions in the past, each unit often collected fuels based on their own forms and understandings.

Carbon management and net zeroSBTiGreenhouse gas inventory+3
Energy

How does the energy industry manage carbon emissions data from fuels, processes and power generation?

During each customer questionnaire, annual inventory or audit period, energy industry managers often need to reorganize fuel, power generation, equipment efficiency, fugitive emissions, project contracting and supply chain data. The real difficulty is usually not filling in the last number, but the scattered information, different calibers, and confirming who provided it, who reviewed it, and why the previous version was modified. In the past, when the energy industry handled organizational carbon inventories, each unit often collected fuel, power generation, and equipment efficiency based on its own forms and understandings.

Carbon management and net zeroISO 14064-1GHG Protocol+3
Energy

How does the energy industry identify climate risks and transition risks?

In the past, when the energy industry managed climate risk management, the focus was mostly on completing annual filings, customer requirements or single projects; now, energy transition, climate risk, carbon costs and stable supply requirements impact both asset and investment decisions. Therefore, data is no longer just the content of after-the-fact reports, but has gradually become a part of procurement, investment, operation and risk decision-making. When the energy industry dealt with climate risk management in the past, each unit often collected fuel, power generation, and equipment efficiency based on their own forms and understandings.

Quality, risk, and operational resilienceSustainability reporting and disclosureTCFD+6