Published: 31 January 2023
Oil and gas companies are under pressure to adopt sustainable environmental practices across the value chain. This trend requires companies to establish new capabilities, which is creating demand for new digital solutions. CIOs are uniquely positioned to manage the changes across digital systems.
Sustainability, particularly the dimension of environmental performance, continues to rise as an industry priority.
Developing strong emission management capabilities is the key to success. Weak emission accounting leads enterprises to set unrealistic top-down objectives that are never operationalized; whereas bottom-up objectives make narrow progress but struggle to integrate across the enterprise.
Pressure is on CIOs as the marketspace for comprehensive oil and gas (O&G) environmental solutions is nascent, turbulent and confusing. It is difficult for the buyers to scope their long-term requirements, which makes it challenging for them to identify the best vendors and solutions to select.
CIOs responsible for energy
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