Why is meaningful engagement important?
Undertaking meaningful engagement ensures meaningful outcomes for all stakeholders, and builds an increased sense of trust between stakeholders and companies, which helps to cement the basis for longer-term relationships.
It also enables companies to meet regulatory guidelines and international standards.
In addition, as the global energy transition proceeds, many companies will make changes to their portfolios to support new low-carbon or renewable energy facilities or look to downsize or close existing oil and gas facilities. In these situations, meaningful engagement will be vital to ensuring that the company is actively contributing to a just energy transition.
Who is this guidance for?
Companies undertaking stakeholder engagement activities, teams ‘on the ground’ as well as those at a corporate or boardroom level. It is intended to be used to help companies integrate stakeholder engagement into decision-making processes and management systems used by various teams within an organisation.
Practitioners within companies who are looking to undertake direct/indirect engagement with stakeholders across a range of operating contexts.
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