Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention

Introduction

This Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course will begin by an exploration of the SDGs and the changing global views on energy following COP26. There is a growing appetite for and understanding of the need for an energy transition away from hydrocarbons to other forms of energy, we will explore opportunities and threats faced by the industry. Furthermore, the training course will examine the UNDP’s Atlas, which maps the Oil & Gas Industry to the SDG’s and seek examples of good practice. Delegates will aim to produce a matrix of ESG, SDG and in-country value through a review of strategies and goals.

In this training course, we will examine the supply/demand issues and the impact, for example, of lower efficiencies and higher costs of production and the impact this will have on investment and growth opportunities on the continent. Meeting SDGs requires collaboration, integration and partnership. As these are very big, global issues, prioritising stakeholders’ involvement and finding ways to address challenges will be a key part of the programme.

This GLOMACS Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course will highlight: 

• A review of the broader energy transition aims post COP 26
• Analysis of African oil production based on resiliency of hydrocarbon reserves v. countries’ economic reliance on fossil fuels
• Mapping local content strategies to sustainable development goals
• Producing a matrix linking ESG and SDGs to deliver in-country value
• The importance of external and internal stakeholders’ buy-in

Objectives

At the end of this Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course, you will:

• Gain a broader understanding of the African oil & gas industry in relation to SDGs
• Develop a deeper understanding of existing commitments to the energy transition and Africa’s position
• Develop and understanding of how many ways the oil & gas industry contributes to SDGs
• Learn different approaches for modifying existing practice to incorporate SDG aims
• Enhance awareness of the key role of stakeholders in enabling change

Training Methodology

This Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course will deploy a full range of dynamic and interactive training methods. It will comprise a carefully balanced training course of conventional teaching, supported by case study examples. This will enhance learning through practical activities so participants can gain knowledge and ideas to enable them to introduce SDGs into business practice.

Organisational Impact

In sending delegates to this Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course, the organisation will gain the following benefits: 

• Detailed understanding of the current opportunities and challenges for the African oil & gas industry
• How to introduce SDGs into business strategy and goals?
• Learning from case study examples of good practice
• Ideas on overcoming challenges to meeting SDGs
• The importance of collaboration with stakeholders

Personal Impact

In attending this Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course, delegates will gain the following skills and competencies:

• A detailed knowledge of African oil & gas industry in relation to global energy transition
• A sound understanding of the UNDP’s sustainable development goals
• Awareness of the challenges and opportunities for supporting the energy transition
• Recognition of the importance of communication and buy-in with key stakeholders to make change happen
• Greater confidence in contributing to the debate on energy transition and meeting SDGs