Environmental Business Planning

Environmental Business Planning (EBP) integrates environmental improvement into overall business plans and strategies. The businesses use EBP to identify key environmental drivers, set targets in key focus areas and identify projects and actions to achieve these targets.

For new projects and developments, environmental and social impact assessments are conducted to review factors such as community concerns, sensitive environmental habitats and future regulatory developments. The assessment results are integrated into project decision-making.

Environmental business planning in refining: a step-by-step approach

1. Assess
Assess expectations of management and shareholders to establish the overall vision of our environmental leadership, guided by our corporate environmental policy and expectations to Protect Tomorrow. Today.

2. Review
Review data for current environmental performance, including emissions, incidents and regulatory compliance.

3. Consider
Consider drivers of future environmental performance, including new regulations, updated technologies, community concerns, internal and external competitor performance, and new projects.

4. Evaluate
Evaluate data and drivers to identify locally important areas of environmental improvement, potential regional and global environmental priority areas, and possible sites where performance merits special attention.

5. Establish
Establish global and regional priority areas through management review and communication of targeted reductions and completion dates for environmental metrics. Management also identifies sites for conducting performance-improvement assessments.

6. Identify
Identify local Strategic Environmental Focus Areas (SEFA) based on assessments of site-specific performance and drivers, assessments of selected environmental performance indicators, and a site’s ability to make a significant contribution to regional or global priority area improvement targets.

7. Develop
Develop plans, with specific improvement initiatives, to deliver desired improvement in SEFAs.

8. Plan
Plan resources for improvement initiatives and submit items requiring approval into the overall business planning process.

9. Prepare
Prepare environmental performance indicators and forecast accounting for planned and potential initiatives to confirm improvement progress.

10. Review
Review SEFAs, metrics, targets and forecasting with top management to calibrate the process for the subsequent year.

11. Assess
Assess results of prior year’s activities against plans and targets.