The United States is home to leading global Energy Companies. Of those companies, over 30 of those on the Fortune 500 are based in Texas. Of that select group, 69 percent are based in Houston, the site of CSE’s next sustainability training. Another 16 percent are Dallas-based; 9 percent are in San Antonio; 3 percent in Corpus Christi and 3 percent in El Paso.
FT 500 or not, industries in Texas and much of the southwest are dependent on the energy sector. Energy industries include extraction, infrastructure, engineering, and distribution. What is missing from the mix? A strong focus on sustainability and sustainability reporting.
While CSE research indicates that more Energy and Energy Utility companies provide sustainability reports than any other sector in the US, that does not mean that ALL or even close to all energy sector companies provide the caliber of sustainability information sought by investors, activists, international partners, and other stakeholders.
While Exxon, Phillips and PhillipsConoco certainly have sustainability goals and reporting, other companies such as Enterprise Products Partners or Plains GP Holdings, Houston energy sector companies, do not. A lack of sustainability reporting is one of the reasons they have low ratings from the investor resource CSRHub.
Major companies are hiring sustainability professionals: employees, managers, directors, and VPs to oversee Sustainability Strategy. Those trained in a focused sustainability methodology will be leading the way. CSR/Sustainability professionals are embedded in departments ranging from Acquisitions, to Human Resources, Operations and Supply Chain.
The next CSE Certified Sustainability (CSR) Practitioner Program (Advanced Edition 2018) will be in Houston, Sept. 27-28, 2018. For more information, visit www.cse-net.org or email [email protected].