Incorporating ESG into Major Project Decisions & Design in the Resource Sector
Decision How does your company make its major capital project decisions, such as those with an installed cost of over $10M? Does it consider and incorporate all risks and opportunities? Is it a methodological approach or is it relatively adhoc where only economics are truly…
The Role of Engineering in ESG: Engineering the Future
While some of us must begrudgingly admit we have been working on ESG (Environmental Social and Governance) in all its forms for longer than we want to admit, until recently seeing any real progress has been far too slow. With climate change concerns now taking centre stage, by most accounts ESG has finally become “mainstream”. Ultimately, it will become just another term for doing good business.
Extending the life of assets: a strategy for reducing the carbon footprint
Asset management has long relied on capital expenditures (CAPEX) and operating costs (OPEX) to ensure the satisfactory production capacity of a piece of equipment. While this accounting exercise remains an indispensable part of the equation, the life cycle of a physical asset is no longer…