As oil and gas companies look to improve their balance sheet and social license to operate, ESG reporting has moved from an afterthought to a priority. But how do those goals translate into the field?
“Operators can minimize their carbon footprint by regulating power usage, which is near and dear to our heart at Aggreko,” said Aggreko’s Joshua Haugan.
Aggreko, which set its own net-zero target, helps oil and gas operators achieve sustainability goals by providing power solutions and energy services aimed at improving the efficiency of the operations. Haugan, who serves as sector manager for Aggreko’s North America oil and gas group based in Houston, recently sat down with Hart Energy’s Emily Patsy to discuss what operators can do in the field to boost their ESG scorecard plus how Aggreko can help.
During the interview, Haugan noted the Sustainability Accounting Standards Board (SASB), which publishes specific accounting standards to help companies navigate ESG reporting goals. To align with the industry standards, he said producers could focus their sustainability efforts where they have the greatest impact on the SASB metrics including greenhouse-gas emissions, air quality, water management and biodiversity.
Some other tactics he mentioned include reducing emissions from daily production and utilize alternative fuels such as flare gas to power, biofuels, fuel cells, waste heat to power or combined heat and power, which are solutions that Haugan said Aggreko can help upstream, midstream and even downstream operators achieve on a daily basis.
“One of the fuels we’ve helped customers switch to is natural gas, whether it be CNG, LNG or propane,” he said. “By tapping into this clean and efficient fuel, it will reduce your need to take power from the grid when local utility can’t meet your demands.”
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- Aggreko’s ESG approach (0:50)
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