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Technology Development & Implementation
After a merger, a major oil and gas company found it was left with multiple trading systems, which were not well coordinated and supported only limited types of trading.
Corporate environmental officers have a fiduciary responsibility and duty of care to be aware of all material environmental liabilities of the corporation. Additionally, they must make knowledgeable decisions regarding the effective management of those liabilities, and ensure an appropriate financial reserve is allocated and accurately reported to shareholders.
Appropriate evaluation of liabilities, and effective management of their mitigation, can generate millions of dollars in annual savings. More importantly, it can prevent brand image problems, negative community relations in important markets, recruiting difficulties attracting socially responsible employees, or regulatory barriers to working in sensitive locations. Much of the duty of care for environmental liability can appear to be intangible, but the impact to shareholder value can be very tangible.
Decision Strategies' Integrated Decision Management™ process helps clients develop a thorough understanding of the remediation options available, along with their respective cost, value, and risk potential. This understanding enables our clients to choose the most suitable path forward, confident that their analysis has considered the widest range of reasonable outcomes