Energy / Utilities

Increased focus on the environment and a desire for greener living has led to closer scrutiny of the energy industry.

• Carbon emissions standards and targets
• Challenging public relations
• Infrastructure requiring additional investment and maintenance
• Efficiency and operational improvement needs

Proactive risk management and governance are growing in importance as tools to help address these concerns.

Bolster your reputation – strong risk management and internal audit practices help strengthen your name and image. Having the ability to rapidly provide detailed control regimes, environment impact assessments and response scenarios will mitigate exposure.

Avoid penalties – with the increase in compliance initiatives such as NERC, public pressure is being applied to utilities and energy providers to ensure that an uninterrupted supply is available to the client base. Use ERA to prove your compliance.

Identify exposures before they become problems – this is standard practice today. You perform impact assessments for new and existing projects and review your control systems. Consolidating these reviews in one repository reduces overhead and increases your monitoring capability.

Methodware clients use ERA for many key risk functions, including enterprise and operational risk management, event tracking, internal audits, tracking corporate and industry-specific regulatory compliance, vendor management and project management.

Our clients range from local electrical utilities to multinational energy exploration firms, from water authorities to national grids.

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