The energy transition and move toward a circular economy is causing investors, energy, and chemicals companies to re-align capital, priorities, and projects to meet new sustainability imperatives. Project teams have embraced digital evolution and digital transformation underpinned by a rigorous sustainability framework and criteria.
The sustainability framework guides innovative design, investment and operational philosophy, and a new standard for evaluating investment opportunities, risks, and returns. It also helps to shape projects through early engagement with project sponsors and partners during infrastructure development and delivery.
The sustainability projects portfolio demonstrates economic value by integrating an “environmental impact reduction” philosophy across the project lifecycle and supply chain from development to delivery and operations. Digital enablement of new business models and finding new ways to bring products or services to market is critical for sustainable manufacturing.