Join us at the October Virtual Conference Speaker Series hosted by the Pennsylvania Association of Environmental Professionals on October 19. Our own Duane Peters will be presenting on energy infrastructure in Pennsylvania and the impact of investment models on natural gas and renewable projects.
Energy in Pennsylvania: How ESG Factors are Driving the New Wave of Infrastructure Development
Duane E. Peters, Department Manager – Eastern Biology
Monday, October 19 | 8:00 AM – 9:00 AM
The abundant energy resources in Pennsylvania have spurred major investments by private equity into natural gas and renewable infrastructure projects. Due to the volatile nature of siting and permitting energy infrastructure, many investors are requiring the use of investment models such as the Equator Principles (EPs), and Environmental, Social, and Governance (ESG) assessments to measure the sustainability and ethical impact of an action and predict project success.
These models also consider the traditional regulatory framework while including social criteria and governance issues to identify and develop contingency plans for project hurdles. Historically, projects in the United States were exempt from these assessments; however, civil unrest, record fines, legal challenges, and major construction delays has prompted application of EPs and ESG to energy infrastructure projects.
This presentation will discuss how these risk assessments are changing our industry as well as the implications and opportunities for environmental professionals in the Commonwealth. Additionally, we will discuss the various kinds of assessments, social and governmental implications, and other considerations associated with technical studies and stakeholder engagement. Case studies and lessons learned will be presented to illustrate the nature of the topic.