Using a Local Content Matrix to Implement ESG, SDG, and In

Country Value Retention Initiatives - Reaching Sustainability Goals in the Oil and Gas Sector via Strategic Ali

  • Classroom Training

Course Location

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Course Description

Introduction

The first part of this training session, "Implementing a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention," will examine the SDGs and how the world's perspectives on energy have changed since COP26. The need to switch from hydrocarbons to other energy sources is becoming more widely recognized; in this article, we'll examine the prospects and risks facing this sector. In addition, the training program will look at the UNDP Atlas, which links the SDGs to the oil and gas sector, and look for instances of best practices. Delegates will discuss plans and goals with the purpose of producing a matrix of ESG, SDG, and in-country value.

This training program will look at supply and demand challenges, including the effects of increased production costs and decreased efficiency on the continent's potential for investment and growth. Collaboration, integration, and cooperation are necessary to achieve the SDGs. Given the enormity of these global concerns, a major component of the initiative will be giving stakeholders' engagement top priority and figuring out how to overcome obstacles.

The following topics will be covered in this Course N Carry Using a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention training session: 

  • A assessment of the post-COP 26 goals for the energy transition 
  • An examination of African oil output that contrasts the nations' economic dependence on fossil fuels with the resilience of their hydrocarbon reserves 
  • Linking local content tactics to the objectives of sustainable development 
  • Creating a matrix that connects the SDGs with ESG to provide value inside the nation 
  • The value of support from internal and external stakeholders

Goals

Following completion of this training course on Using a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention, you will: 

  • Learn more about the African oil and gas sector in connection to the Sustainable Development Goals. 
  • Gain a greater comprehension of current energy transition commitments and Africa's stance. 
  • Gain knowledge about the various ways that the oil and gas sector supports the SDGs. 
  • Discover several methods for adjusting current procedures to include SDG objectives. 
  • Increase understanding of stakeholders' crucial role in facilitating change

Training Methodology

A wide range of dynamic and interactive teaching techniques will be used in this Implementing a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention training session. It will consist of a training program that properly balances traditional instruction with case study examples for assistance. Through hands-on activities, learning will be improved, giving participants the skills and ideas they need to integrate the Sustainable Development Goals (SDGs) into their business practices.

Impact of the Organization

The following are the advantages the organization will experience by sending delegates to this Implementing a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention training course: 

A thorough awareness of the potential and difficulties facing the African oil and gas sector today 

  • How may SDGs be included in corporate objectives and strategy? 
  • Studying case studies that demonstrate best practices 
  • Suggestions for resolving obstacles to achieving the SDGs 
  • The Significance of stakeholder collaboration

Impact on Person

Delegates to this training session on "Using a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention" will acquire the following abilities and knowledge: 

A thorough understanding of the African oil and gas sector in light of the global energy shift 

  • A thorough knowledge of the sustainable development goals set out by the UNDP 
  • Understanding the obstacles and possibilities in assisting with the energy transition 
  • Understanding that for change to occur, critical stakeholders must be consulted and bought in. 
  • Enhanced self-assurance in participating in the discussion on energy transition and achieving SDGs

Persons Who Ought to Attend?

This course is intended for seasoned professionals working in the oil and gas sector. People who want to learn more about how the oil and gas sector can help achieve the Sustainable Development Goals.

A wide range of professions will benefit from this Course N Carry Implementing a Local Content Matrix to Achieve SDGs, ESG, and In-Country Value Retention training course, but the following will be especially helpful: 

  • Local writers of content 
  • Regional content coordinators 
  • Professionals in social performance 
  • Workers with room to advance in their careers 
  • Functional experts assisting in the achievement of corporate objectives

Course Outline

Africa's Position in the Changing Oil and Gas Sector 

  • An overview of the world's energy markets
  • An overview of the results of COP26 
  • Energy outlook: Effects on supply and demand for gas and oil 
  • OPEC's global forecast 
  • The prospects for African gas and oil

Oil and Gas Sector Mapping to SDGs 

  • An overview of the 17 SDGs for sustainable development
  • An overview of the Atlas 
  • What effect does the oil and gas sector have on the SDGs? 
  • Determining the important parties to coordinate replies with 
  • Important prospects and risks for the sector 
  • Which SDGs apply most to your goals, objectives, and actions?

Aligning Local Content Strategies to Meet ESG and Deliver SDGs 

  • How is ESG delivered by current local content strategies?
  • Which SDGs are fulfilled right now? 
  • Determine the parties that are required to implement sustainable initiatives. 
  • Develop communication strategies to foster connections with stakeholders. 
  • Revise your local content strategy to maximize SDG delivery and attain ESG.

Formulating Regional Content Plans to Provide an SDG Timeline 

  • Regional industrial dynamics, value chain maturity, breadth and size, and sustainability
  • Examining local content initiatives using the SDG and ESG frameworks 
  • SDGs should be operationalized through business procedures, policies, and systems. 
  • Make sure in-country value will be sustained by local content strategy. 
  • Make a matrix that connects the SDG, ESG, and in-country value.


Acquiring Support to Achieve SDG Objectives 

  • Participation of employees in local communities 
  • Improving access to education 
  • Engaging stakeholders, for instance, to create a corporate water strategy 
  • Examples of how the oil and gas sector has benefited the SDGs 
  • What is ahead for the oil and gas sector in Africa?

Certificates

On successful completion of this training course, Course N Carry Certificate will be awarded to the delegates.

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