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

This course offers Implementing a Local Content Matrix to Achieve SDGs, ESG and In-Country Value Retention training course. This training course Implementing Local Content Matrix to Achieve SDGs, ESG and In Country Value Retention gives a detailed insight into all the Sustainable Development Goals (SDGs) and the new unfolding global energy landscape in the post COP26 setup, people will look at this dynamic transition towards energy efficiency, determined efforts to reduce hydrocarbon sources and analyse opportunities as well as challenges besetting the industry. The training course would also take the learners through UNDP's Atlas that maps the contribution of the Oil & Gas sector on the Sustainable Development Goals, detailing good practices and successful case studies. Interactive learning means delegates will work towards developing a matrix containing the ESG principles alongside SDG objectives and in-country value retention methodologies.

Attendees will analyse those complexities that can arise in supply and demand dynamics: lower efficiencies, increased production costs, and investment trends more dependent on different regions. Given that SDGs are realised through collaboration, integration, and partnership, the course addresses stakeholder engagement and strategic alignment to solve major issues in the industry.

By the end of the course, participants will be able to:

Objective:

• At the end of the course attendees will be able:

  • Completely Understand Oil and Gas Industry within the Totality of the Sustainable Development Goals (SDGs).

  • Create Further Perspectives around all of the current energy transition pledges and Africa's place strategically within that shift.

  • Explore different ways through which the oil and gas sector contributes to the aspects of sustainable development.

  • Learn how to improve the currently existing models in order not to repudiate integration with SDG objectives.

  • Enhance the awareness of the importance of the stakeholders in the driving and facilitation of changes across the industry.

Who Should Attend?

• This course is ideal for:

  • Local Content Professionals

  • Local Content Managers

  • Social Performance Professionals

  • Employees with potential for career progression

  • Functional Specialists supporting delivery of business goals

How will attendees benefit?

• Attendees will gain many benefits:

  • Comprehensive Understanding of Local Content Principles: Learn Local Content Matrix design, implement and manage by participants to fit with national development goals, ESG(cognitive connotations) and even with Sustainable Development Goals(SDGs).

  • Strategic Alignment with Global and Local Policies: They will learn to align their operations at the corporate level with: UN SDGs (like poverty reduction, decent work, industry innovation), ESG standards, and localisation or value-retention policies of the host country.

  • Enhanced In-Country Value (ICV): They will learn how to develop tools for increasing local employment, developing local suppliers, and retaining more economic value within the host country, thereby improving the relationship with local stakeholders and regulators.

  • Compliance and Risk mitigation: The course will sensitize individuals on how to manage compliance risks resulting from ESG reporting and local content obligations so that organisations avoid being penalised or having their reputations sullied.

  • Performance Monitoring and Impact Measurement: Attendees will be able to track local content outcomes, measure impact on SDGs with KPIs and reporting tools, and report the results to investors and regulators.

  • Trans-Sectoral Knowledge: Attendees will appreciate how localised strategies differ from one sector to the next, through practical examples of, for example oil & gas, construction and manufacturing industries.

  • Competitive Advantage: Integrating sustainability and local value creation into the operations of businesses will earn those businesses a stronger social license to operate, offer them more tenders and attract ESG investors.