feature story Panel addresses the development of ESG culture in the supply chain

The importance of developing a culture of responsibility in ESG (Environment, Social and Governance) in the supply chain was the subject of one of the special sessions at the Rio Oil & Gas Congress in Rio. Held on September 29, the event was attended by the Director of Business Development and Corporate Relations at Chevron Brasil, Patricia Pradal, who mediated the discussion on the topic between the presidents of the local subsidiary companies Aker Solutions, Constellation, Porto do Açu and Subsea 7.

The debate addressed the importance of establishing a strong ESG culture for the entire supply chain. Panelists exemplified this issue by drawing a parallel with the development of an operational safety culture, which in the past began as a practice and today is a consolidated and essential culture within companies.

Likewise, the practice of ESG has been increasingly consolidated in Brazil and in the world, with investors more concerned about investing financial resources in companies that are truly committed to the sustainability and responsibility agenda. In the opinion of the panelists, as with operational safety, project financeability will depend on the level of adherence to a solid ESG agenda, determining the sustainability of the business in the future.

Patricia asked the speakers about the role of diversity and inclusion (D&I) within this agenda, and how the sector is preparing itself to create a healthy work environment, with equal opportunities, adapting market practices. The response was practically unanimous, everyone recognized that a more creative and innovative company is the result of a more diverse and inclusive working environment and defended a more pragmatic support through the application of D&I initiatives in the processes and decision making.

“We are living in a moment of transformation that involves not only the type of energy we want to consume, but also from a behavioral point of view, from an environmental, social and governance point of view. That's why it's so important to have discussions like this one to advance the ESG agenda in industry and society,” said Patricia.