Energy, Resource, Transportation (ERT) and commodity-based risk services
The ability of energy companies to manage risks is more important than ever to help meet strategic objectives and shareholder expectations.
Deloitte offers in-depth business and technical skills in the following areas:
- Commodity risk management
- Enterprise risk management
- Intellectual property
- Regulatory compliance risk management
- Forensic dispute services
ERT and commodity-based companies are increasingly pressured to be more competitive while operating in a world of volatile commodity prices, increasing regulations, technically complex projects and growing international competition.
Enterprise Risk management
Certain regulatory rules require disclosure regarding the board’s role in risk oversight. This drives the need for an enterprise-wide view of risk. Internally, Energy and Oil & Gas companies are challenged with aligning physical operations with trading activities in the financial markets.
One of the challenges faced is protecting intellectual property through technology systems. Energy companies also need to develop ethical business policies while expanding operations into emerging markets.
Regulatory compliance risk management
Energy companies have learned to operate under regulatory scrutiny. Deloitte has helped energy companies transform how they handle their compliance with rapidly changing regulations. This includes transforming compliance programmes and activities designed to enhance business performance.
Forensic dispute services
Financial crime has many faces. Managing reputation goes much further than just damage control. Deloitte believes in an integrated approach, which covers governance, forensic, compliance, integrity and data analytics all at once. An integrated approach focused on safeguarding strategic, operational, financial, legal and human risks for Energy and Oil & Gas companies
Deloitte’s Security & Privacy practice is a leading practice. We have strong technical skills (hacking, security monitoring, cyber incident response) and are also strong in helping businesses in Energy and Gas & Oil companies to become more secure through a security transformation (roadmap, policies, procedures, implementation). Last but not least we have a dedicated team of privacy lawyers with security skills.
Our in-depth expertise in these dynamic sectors serves as an integral resource for a significant proportion of the world’s largest energy and resources companies. The strength of our practice lies in our global reach and the ability to offer clients exceptionally detailed knowledge of the industry.