On March 2, the National Ocean Industries Association (NOIA) held its inaugural Environmental, Social and Governance (ESG) Workshop in Houston, where Danos was one of 70 attendees who participated in conversations about, “a key area of focus for NOIA and the oil and gas industry,” said NOIA president Erik Milito.
According to NOIA, the ESG initiative “will serve as a platform for learning and collaboration for continued improvement. Making the program visible allows the organization to promote the positive work the industry is doing to reduce environmental impact and promote ecosystem health, contribute to community improvement and operate ethically. Milito said, ‘It will get the word out that the offshore industry is committed to doing the right things.'"
Danos Owner Paul Danos participated in a panel discussion along with representatives from Halliburton and BHP. Paul described Danos’ history as, “a long journey of sustainable practices regarding ESG- like a winding journey you would take on a trawl boat through the bayou,” adding that, “our governance reflects our values.”
“The size and ownership of a company and where you operate all have of a lot of impact on how you think about ESG,” he said. Paul then used this opportunity to discuss Danos’ involvement in the Partnership for Our Working Coast, as well as the work of the Danos Foundation.
At the same token, Paul mentioned the importance for a company to look forward, explaining that Danos is looking at energy transition, including renewables. ESG is a continuous journey, and Danos is committed to working with NOIA to help further industry goals surrounding ESG.
-Adapted from NOIA’s ESG Workshop Report