NOIA President Erik Milito said, “2021 was an important year for NOIA and our ESG program. We came together as an industry, with the full support of our membership, and developed a proactive climate change policy document that builds upon our ESG principles. We focused on emissions reduction as a priority and brought leading experts to the table to share research and best practices for continuous improvement. We developed a policy paper that can help further the widespread deployment of carbon capture and storage technologies.
“The offshore industry is an essential component of an energy system that serves to lift society, supporting the development and availability of all forms of abundant, reliable, and affordable domestic energy supplies for Americans, while continuously driving down emissions. NOIA members make the world better and we are grateful that they have embraced the NOIA ESG Network to help them learn, collaborate, align, and improve in their stewardship, governance and performance.”
NOIA ESG Network 2022 Report At-A-Glance:
The NOIA Board of Directors approved the NOIA Climate Change Position & Principles. The foundation of the NOIA Climate Change Position & Principles reflects the long-standing commitment of offshore energy to incorporate policies that support our shared environment and of the critical role the offshore energy industry plays as an essential part of the climate solution.
NOIA established a Carbon Capture, Use, and Storage (CCUS) Workgroup to align NOIA membership and activities in deployment of CCUS in the U.S. Gulf of Mexico. The Workgroup published its first CCUS policy paper in January 2022.
The NOIA ESG Network held several in-person and virtual events including: Offshore Emissions Reductions; Building the Low Carbon Future; California & Gulf of Mexico: Wind at Their Backs; a Carbon Capture & Storage Executive Panel; and policy discussions with ClearPath and former Congressman Ryan Costello, among others.
To learn about the NOIA ESG Network, read the NOIA ESG Network Foundational, Environmental, Social & Governance Principles and see the list of companies who have signed the NOIA ESG Network Participation Agreement click here.
To download the NOIA ESG Network 2022 Report click here.
The NOIA Environmental, Social & Governance (ESG) Program is a programmatic effort to share and develop best ESG practices across the offshore energy industry. Bill Langin, Senior Vice President West/Deepwater of Shell, serves as the NOIA ESG Committee chair.
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
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