Here To Stay: Why ESG Initiatives Can Create Long-Term Value

 

Environmental, Social, and Governance (ESG) or sustainability refers to corporate activities that would maintain or enhance the ability of a company to create value over the long term. This includes both the financial and non-financial aspects of a business.

With nearly 20 years of experience in transaction advisory, technical accounting and SEC reporting, Amy Stutzman, Managing Director at Opportune LLP has a wealth of expertise when it comes to ESG initiatives in the oil and gas industry.

“We’re talking about environment, human capital, social capital, innovation, leadership, governance, those types of initiatives. And a sustainable business strategy would be a company’s plan to improve performance along those initiatives and create value over the long term,” Stutzman says.

So, why is ESG important to the oil and gas industry? Stutzman explains that contrary to popular belief, the industry is making major investments in renewables and green energy initiatives. But this doesn’t mean that oil and gas is going away anytime soon.

“I don’t think sustainability excludes the continued development of fossil fuels,” Stutzman says. “I think ESG is an opportunity for our industry to tell their story. It’s important to tell that story because there’s been a shift in the investment community and ESG impacts access to capital, more than it ever has before.”

As we head into 2021, it’s likely that we’ll see more energy companies tell their ESG story by continuing to make investments in renewables and green energy initiatives, natural gas and a focus on net-zero emission targets. A new Biden administration will also certainly impact ESG and sustainability programs going forward.

“I think it’s clear that ESG is here to stay and I think it will continue to become an ever-increasing part of the conversation that companies are having with their investors,” Stutzman says.

Follow us on social media for the latest updates in B2B!

Image

Latest

Education R&D
Will the New Education R&D Bill Spark the Innovation Schools Desperately Need?
April 25, 2025

In a rare show of bipartisan cooperation, Senators Michael Bennet (D-CO) and John Cornyn (R-TX) have introduced the New Essential Education Discoveries (NEED) Act, aimed at revolutionizing how the U.S. invests in education innovation. The bill proposes a new National Center for Advanced Development in Education—akin to DARPA but for schools—within the Institute for…

Read More
How Verizon Business Utilizes UGC for Sales Enablement
How Verizon Business Utilizes UGC for Sales Enablement
April 24, 2025

In this episode of UGC for B2B, host David Dabney welcomes Cesar Teran, Verizon’s Sales Enablement Lead for Channel, to explore how user-generated content (UGC) is transforming training and team engagement at Verizon Business. Cesar shares the journey of introducing UGC into Verizon’s training initiatives, emphasizing the importance of authenticity, collaboration, and celebrating contributions….

Read More
digital freight invoicing
ODeX Is Leading the Charge in Digital Freight Invoicing
April 24, 2025

Global shipping continues to grapple with fragmented billing processes, often delaying cargo movement. According to McKinsey, adopting an electronic bill of lading could save $6.5 billion in direct costs and enable $40 billion in global trade. As vessels carry goods for thousands of shippers per voyage, the administrative burden of managing and reconciling invoices…

Read More
Human Intelligence Movement
Just Thinking… about Reimagining Education for the AI Era with the Human Intelligence Movement
April 24, 2025

As artificial intelligence reshapes education, work, and daily life, educators are grappling with how to prepare students for a future where human skills—not just knowledge—will be paramount. In fact, a growing number of reports highlight that employers increasingly value collaboration, communication, and emotional intelligence over memorized content. Amid this transformation, the Human Intelligence Movement…

Read More