IN-PERSON CLASSROOM SEMINARS

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Managing Environmental, Social and Governance (ESG) Risk Exposure in the Fossil Fuels, Wind, Solar, Nuclear, & Renewable Energy Industries


A One-Day Classroom Seminar (CPE Approved)

This one-day seminar focuses on environmental, social and governance (ESG) compliance for both public and private energy companies. Driven by divestment movements from investors, escalating costs for environmental compliance, and climate change risk threatening more disruption in their operations and supply chains, there is growing demand for effective sustainability disclosure for energy and automobile companies. Legislative and regulatory pressure, investor pressure, economic and financial impacts of climate change are focusing attention on this rising corporate financial issue, impacting multiple operations of energy companies. In effect, both financial and sustainability materiality are now one and the same as investors are now asking these questions to be disclosed and remediated.

The Volkswagen emissions scandal, the BP Oil Spill, and the Mitsubishi emissions problem are not the only problems for an industry where risk management is a core competency particularly when complying with many and more stringent environmental rules and regulations. These are the corporate risks to manage in this new economic environment impacting:  Stock market prices  Reputational Risk  Materiality  Value Loss  Market Share Loss  Trust Lost for Years  Risk Management  Supply Chain Issues  Fossil Fuel Divestment  Shareholder activism on climate change and sustainability issues.  Proxy issues moving companies to improve their financial performance  Making the business case for incorporating sustainability in strategic decision making  Assessing climate induced risks and opportunities for the firm

What You Will Learn
  • What is the business case for sustainability for energy companies
  • Why this has now risen as a corporate social responsibility issue
  • What is the link between sustainability and financial performance
  • What are some sustainable investment strategies: challenges and types
  • Why this is now a financial issue rather than just a compliance issue
  • What are some climate change mitigation strategies
  • What are the competitive advantages for energy companies to be proactive on sustainability
  • What are the downside risks besides cost
  • Environmental compliance strategies with EPA, Clean Air and Clean water Acts
  • The case study of Volkswagen on ongoing emissions fraud
  • The impact on the supply chain
  • How to evaluate sustainability risk assessments
  • How to develop sustainability strategies for enhancing environmental and economic performance
What You Will Also Learn
  • How to ameliorate this problem
  • Why diversification into non-carbon businesses may make economic sense.
  • Why climate change risk can lead to higher operating costs
  • What is SASB (The Sustainability Standards Board) and what is its mandate
  • What are the necessary elements for better sustainability reporting including governance issues, internal controls and validating information
  • Identification of material issues in operations, risk management, finance and investor relations
  • What is the SEC Reg SK and what is that important for sustainability disclosure
  • Other case studies including the BP Oil Spill (2010) and Mitsubishi Motors emissions scandal (April 2016)
  • Evaluating various sustainability reporting frameworks including the Global Reporting Initiative, Carbon Disclosure Project, and UN Global Compact
  • Benefits of sustainability assessments
Seminar Agenda
  • What and who are the catalysts pushing for more financial and sustainability disclosure
  • The need for market standards on ESG disclosure as a basis for compliance with the SEC's Reg SK
  • Climate change risks and how extreme weather can impact both operations and supply chain
  • Regulatory costs of emissions reductions and increased operational efficiencies
  • Investment opportunities in clean energy to reduce carbon emissions footprints
  • Who are the ratings agencies including the Carbon Disclosure Project, the Global Investor Network, MSCI and PRI
  • What are the asks including year on year emissions reductions as well as making investments in emissions reductions.
  • What needs to be reported on the 10K for true and fair representation of performance on material factors?
  • Examples of materiality in practice as a basis for standards setting including focusing on unanticipated operational disruption.
  • Why the risks include reputation, market valuation, market share and employee retention are paramount
  • Why the Volkswagen emissions scandal is not a one-off and how to protect companies from a death spiral
  • What ESG issues are important to investment decisions
  • Why shareholder pressure is accelerating and focused on both environmental and social issues
  • The need for common standards to facilitate reporting and compliance
  • Why investors are demanding more material sustainability information
Your Instructor
Peter C. Fusaro - Chairman of Global Change Associates and Founder of Wall Street Green Summit

Peter C. Fusaro wrote the New York Times best seller “What Went Wrong at Enron” and is an international expert on sustainable finance, carbon markets and renewable energy, His knowledge of the energy industry goes back almost 5 decades as both a policy maker at the US Department of Energy in Washington DC and as a senior executive at a multinational oil company and at an original equipment manufacturer. Peter founded and runs the Wall Street green Summit, the oldest sustainable finance event in North America.

Peter has been very involved in ESG (Environmental, Social Governance) and impact investing for the past decade. Formerly, he was a member of trading and markets committee of the voluntary Chicago Climate Exchange and on the board of Carbon Trade Exchange in the UK and Australia. Peter was also involved in implementation of AB32, California’s Climate Change law, and Clean Development Mechanism projects under the Kyoto Protocol. Through PGS and other entities such as the Swiss Finance Institute in Geneva, he has taught over 1,000 people on carbon markets and carbon finance. Today, carbon markets are in an upsurge with over 65 mandatory markets as well as voluntary markets throughout the world. Peter offers unique insights into their market development and maturation.

Peter has been on the Advisory Board’s of the University of Michigan Erb Institute for Global Sustainable Enterprise and Bard College’s MBA in Sustainability. He was an adjunct professor at Columbia University and developed and taught a popular renewable energy project finance course. He is a graduate of Tufts University with an MA and Carnegie-Mellon University with a BA.

Hotel and Seminar Information
This one-day seminar will be held at the hotel listed below or can be conducted on-site at your facilities. The seminar will start promptly at 9:00 AM and will finish at 4:00 PM. The program includes lunch, and coffee breaks. Attendees also receive a professionally produced seminar manual that can serve as a valuable office reference. Dress is casual for all seminars.
COVID 19 Information: Please click here for the PGS Covid-19 policy. You can confirm each hotel's specific COVID 19 policy using the link(s) provided below.
Registration Fee and Discounts
The price for this comprehensive two-day seminar is $995 (USD).
Register online or Call (440) 853-1038.
  • Additional attendees and government employees receive a 10% discount.
  • Register 4 or more attendees and receive 20% Off. Special pricing is available for groups of 5 or more.
    If you want attendees to pay with separate credit cards or have other questions, please call (440) 853-1038 for assistance.
Payments and Cancellations
Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check. Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made. Please make checks payable to "PGS Energy Training" 26 Teal Lane • Hilton Head Island, SC 29926. Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague. Substitutions may be made at any time. For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (440) 853-1038.
CPE Credits in Specialized Knowledge

This live group seminar is eligible for 7.0 CPE credits. Be aware that state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. As of January 1, 2002, sponsored learning activities are measured by program length, with one 50-minute period equal to one CPE credit. One-half CPE credit increments (equal to 25 minutes) are permitted after the first credit has been earned in a given learning activity. You may want to verify that the state board from which your participants will be receiving credit accept one-half credits.

PGS Energy Training is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. CPAs interested in attending any seminars should contact our offices for details on CPE credits granted and any prerequisite requirements.
PGS Energy Training is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits. If you are a Certified FRM or ERP, please record this activity in your Credit Tracker at http://www.garp.org/cpd. Please inform PGS Energy Training that you are a GARP CPE participant upon seminar registration.

The Global Association of Risk Professionals (GARP) is a not-for-profit membership association dedicated to preparing professionals and organizations for making better-informed risk decisions. GARP's membership represents more than 150,000 risk management practitioners and researchers at academic institutions, banks, corporations, government agencies, and investment management firms in 195 countries and territories. GARP administers the Financial Risk Manager (FRM) and Energy Risk Professional (ERP) Exams – certifications recognized by risk professionals worldwide. Visit www.garp.org/cpd.
Who Should Attend

This PGS seminar is oriented toward energy company executives from both the financial and operations part of the business including oil & gas companies, electric power, and renewable energy companies as well as automobile manufacturers and their supply chain. Chief financial officers and their staff, attorneys, compliance officers, sustainability managers, procurement staff, corporate planners, and supply chain managers of energy companies as well as operational personnel would benefit from attending this seminar.

Prerequisites and Advance Preparation

There are no prerequisites for this seminar.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS class today, and join the over 10,000 energy professionals who have already attended one of PGS's proven programs.

Program Level & Delivery Method
Basic level. This fundamental course begins with basic material and then proceeds to the intermediate level. Delivery method is "Group-Live.”