Mitigating Your Company’s Social Risk
Adamantine defines social risk as the combined political, policy, and community factors that could delay, increase the costs of, or stop your project. Our team’s deep experience working across a broad range of stakeholders — including investors, environmental groups, regulators, activists, local governments, residents, and community leaders — allows us to help our clients chart a path forward in increasingly challenging times for any land use development.
Oil and gas companies feel increasing external pressure to articulate their role in a decarbonizing energy future, yet it’s challenging to know where to start. Among those challenges: Making sense of the many fronts of opposition and getting your leadership on the same page about what is required to seize opportunities, mitigate risk, and strategically move forward.
Adamantine uses short (2-hour or 4-hour) strategy sessions to guide new clients who want to explore their strategic options on ESG, the energy future, and decarbonization. The sessions identify company-specific risk factors, influential stakeholders, external pressures, and leadership opportunities that can give your company a competitive advantage. We encourage participation in these meetings from your firm’s leadership and key personnel from operations and investor relations to ensure buy-in, accurately assess all your risks, and develop the most realistic strategies.
Adamantine’s strategy sessions provide your company’s leaders with:
- a shared understanding of the risks and opportunities external trends pose for your operations;
- a prioritized sorting of these risks and opportunities; and
- a menu of proactive, future-proofing options for strategic next steps.
In longer sessions, leaders work through a potential timeline for action, crafting objectives to lay the groundwork for a future ESG, energy future, or decarbonization strategy.
Projects large and small face growing scrutiny with rising public pressure on industrial projects and expectations for instant communication.
- Targeted outreach efforts reach the most influential stakeholders.
- Meaningful, durable relationships are built over shared community priorities.
Our team uses unconventional channels to identify stakeholders, prioritize their project impact, and understand their interests to develop meaningful outreach plans. We collaborate with leadership to embed inclusive outreach processes into our clients’ operations.
- Prioritized, meaningful outreach garners enduring project and company support.
- Selective, effective outreach becomes embedded in operational practices.