Energy security, future supplies, reserve replacement, production growth and price volatility are all key challenges facing companies in the sector.
There are key challenges facing companies in the Energy sector.
Energy security, future supplies, reserve replacement, production growth and price volatility are all key challenges facing companies in the sector. In turn, issues such as acquisition and consolidation are never far from the board agenda.
How KPMG can help
KPMG's Energy & Natural Resources practice assists companies in the oil and gas, power and utilities, renewable energy, mining, forestry and environmental management industries to leverage a host of new opportunities, as well as responding to industry trends, business issues and compliance requirements.
Our team of professionals works with a wide range of leading Energy & Natural Resources enterprises to help drive business success, and we offer a number of services to those clients.
We also tie in with KPMG Global's Climate Change & Sustainability division to ensure that our clients benefit from international research and practices.
Task Force on Climate-related Financial Disclosures (TCFD)
The Financial Stability Board’s (FSB) Task Force on Climate-related Financial Disclosures (TCFD) published its recommendations report on 14 December. The report provides clear recommendations on how organizations should disclose consistent information on the climate-related financial risks they face and the potential impacts. The recommendations are for voluntary disclosures in mainstream financial reports to be used by investors, lenders, insurers and other users of financial data.