| Popis: |
Today's energy sector has evolved by leaps and bounds in the sphere of Health, Safety, Security and the Environment. The minimization of incidents on board oil and gas platforms and by extension the energy sector continues to be the highest standards of HSSE performance companies aspire to. Our current fiscal environment has forced countries and companies to carefully consider how limited finances are to be utilized and managed to achieve outlined targets. This shrinking financial pie has also seriously impacted on the Corporate Social Responsibility (CSR) Plan for companies within the sector. Fiscal management is key in a global village where every dollar counts. In the case of Trinidad and Tobago we must seek to secure our future assets be it through acquisition, maintenance and reliability. CSR must be comprehensively managed ensuring that both the corporate entity and the various indigenous communities get full value for the relationship they might be part of. The free spending attitude is definitely a thing of the past. Proper investments into a company's CSR, particularly where it adds value to the communities where there are vested interests are of paramount importance. This paper will advance the value of having a robust quality benchmarked HSSE portfolio/system utilizing the Plan Do Check Act (PDCA) mechanism and how it impacts on company productivity. The role, value and impact of CSR will also be scrutinized highlighting its critical importance in today's changing corporate landscape. |
