ESG is an increasingly strategic Board issue. For companies to enhance and protect business value,they must focus on integrating the management of social, environmental and governance issues into the mainstream of business management. Our ESG team is led by Barnaby Briggs, who comes with many years of experience from Shell and other extractives companies and Elodie Grant Goodey, who has long experience with BP and other oil and gas majors.
The ESG Team is comprised of experts in social policy, human rights, societal risk, investor relations, corporate responsibility, government and civil society relations, anti-discrimination, Equator Principles Financial Institutions, public policy and governance covering multiple industries and government departments. Our approach is to fully integrate ESG into your approach to risk assessment and risk treatment.
By working with Strategia you benefit from the experience of our ESG Team which is supported by a network of regional and technical specialists. All our teams can deploy worldwide, sometimes at very short notice, in order to properly understand the environment in which you and your clients operate. By being independent, basing our analysis on operation reality and by working closely with our clients, in neighbouring communities and with key stakeholders, including governments, media and NGOs, we are able to identify and help our clients gain a deep understanding of the source of their issues and risks – some of which may not be apparent to the boardroom. As well as providing an experienced operational capability, our teams also reach back for advice and expertise from our wider associate and partner base, giving you access to the extensive combined knowledge and experience of our people.
CASE STUDY – LATIN AMERICA
A follow up team was deployed to design an integrated strategy to protect company value and reputation.
A small team performed a comprehensive diagnosis that highlighted the severe challenges undermining the client’s ability to operate in the country, a vital part of the company’s global business.
The client is now in a position to implement a strategy for mitigating risk across the business and achieve its long-term vision. Value protected: $2 billion.
CASE STUDY – CAUCASUS
Prevention of access to mine by violent protesters leading to project delay and an unforeseen cost, tens of $m per week, that was threatening the company’s balance sheet.
A partner deployed to assess the situation working with the client’s security manager – supported up by Strategia’s regional and ESG expertise on a ‘reach back’ basis. Consultation with company staff, local and national level stakeholders, along with physical reconnaissance of the area, revealed that the issue was multi-dimensional, involving third parties who were active ‘behind the scene’. We then ran a workshop with the mine’s management to explore options to resolve the impasse.
Our recommendations prevented an escalation of the situation that would have been disastrous for the company’s long-term License to Operate.
What our clients say
“Strategia worked with our team on-the-ground to quickly understand, analyse, and propose concrete solutions for a number of complex and inter-connected problems we were facing. The approach they used allowed us to situate the problems that mining companies face in a broader context and develop strategies to better manage risk”Kevin DushniskyEx President Barrick Gold
“Strategia’s proactive, integrated approach to managing risk in complex, difficult and challenging environments is unique. It has particular relevance to the mining industry, both for new projects, and for existing businesses which are in challenging circumstances.”Tom AlbaneseCEO Vedanta