Lessons Learned from Real-Life Climate Successes
Paul Espenan
September 30, 2024
In this Q&A, Paul shares the importance of the “why” behind every sustainability project, what people who attend his session can expect, and what he’s looking forward to most about the Forum this year.
When are some common challenges sustainability projects face?
Sustainability projects in general are challenged to connect with overall business objectives in a way that everyone understands the value the initiatives bring to the bottom line. It’s possible to maintain operational efficiency and attain sustainability goals, so the entire company must understand the “why” behind the project. Smarter Asset Management is our way of defining operational production and efficiency while maintaining sustainability goals.
What types of projects are you and/or the other presenters going to share insights about?
We will discuss the projects that most impacted our attaining a reduction in methane intensity by 50% (7 years ahead of schedule).
What will people who attend your session walk away with?
People who attend will understand the power of effective communication, collaboration, and strategic use of a Marginal Abatement Cost Curve.
What are you looking forward to most about FORUM24?
I’m excited about the opportunity to share the great results we have attained and some of the less obvious methods for reaching sustainability goals.
###
Join Paul and other EHS and Sustainability leaders from around the country at FORUM24 to share real-world experiences, proven strategies, and key lessons learned to advance the success of your organization. >> View full program
About the Author
Paul Espenan
Diversified Energy Company plc
With more than 35 years knowledge as an EHS professional in the oil and gas industry, Mr. Espenan brings a wealth of experience to his role with Diversified as Senior Vice President of Environmental, Health, Safety and Regulatory. Prior to Diversified, Paul has held various EHS positions at Halliburton, Burlington Resources, ConocoPhillips, and LINN Energy, also serving as a consultant. In his role at Diversified, Paul has spearheaded emission quantification, reporting, and reduction achieving several industry firsts. Under Paul’s leadership, Diversified has established a strategy and implementation plan to significantly reduce methane and GHG emissions intensity, achieving reductions in methane intensity of 25%. Diversified recently won a “Best ESG Report of the Year” from ESG Awards 2023. Diversified has also received notification from the United Nations Environment Program that it has achieved the Gold Standard Pathway for the second consecutive year under the OGMP 2.0 framework. Paul, a Certified Safety Professional (CSP), received a Bachelor of Science degree in Environmental Health at Louisiana State University and a Master of Science degree in Environmental Science at the University of Texas at Dallas.