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.
This contemporary problem that threatens growth
According to a study by the Institut de la statistique du Québec, supported by data from Statistics Canada, there are more than 250,000 vacant positions throughout Quebec. The job market is increasingly under pressure. Since 2018, the demand for qualified workers is constantly increasing while the pool of resources is shrinking. A real scourge for the Quebec economy, the lack of personnel is a major barrier to the growth of SMEs in Quebec, particularly in the manufacturing sector, which represents 12.6% of Quebec’s GDP.
What is the strategy for green hydrogen in Quebec?
From November 23 to 25, 2021, was held the 42nd edition of the Québec Mines + Energy Conference organized by the Ministère de l’Énergie et des Ressources naturelles du Québec (MERN). Several conferences featured important players in the Quebec and international energy sector. On the menu: energy transition, decarbonation, electrification, bioenergy and hydrogen. Many participants were intrigued by the comments and analyses on the latter, as hydrogen is on everyone’s lips these days.
Successful Digital Transformation
According to a study published in the Harvard Business Review, 70% of digital transformation initiatives do not achieve the expected results. Companies that have gone through transformation know how difficult such an initiative can be. We anticipate the upheavals caused by change, employee complaints and the exorbitant costs to be incurred. However, the digitization of certain operations is now essential, and the gains from a digital shift are numerous. At Norda Stelo, we believe that the success of a digital transformation lies in five key factors and that, by creating an environment bringing together these winning conditions, your digital transformation will be a success.
Digital Transformation, for a Sustainable Vision!
Cutting-edge manufacturing technologies are developing at an exponential pace, competition on the global scale is creating strong pressure on Québec companies, and the labour shortage is adding multiple challenges related to productivity. Is digital transformation becoming the solution?
Building Trust and Delivering Value
Canadian construction engineering firm Norda Stelo specializes in integrated projects. Headquartered in Quebec City, the company has twenty locations on three continents and is deeply committed to building longstanding client relationships based on integrity and trust.