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Assuring Environmental Compliance.
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The Challenge.
The environmental landscape is especially complex for energy companies, driven by regulatory and reporting requirements, and the mainstream acceptance of climate change. In most cases, management of these efforts has resulted in a patchwork of reactive projects, all with a limited underlying structure or ongoing effectiveness. Unsurprisingly, the need for a proactive, structured governance, risk, and compliance (GRC) program is obvious.
The Solution.
Ecocion helps clients to:
- Identify the GRC informational needs for regulatory reporting
- Identify the GRC operational needs for performance monitoring and reporting
- Evaluate the data quality and integrity requirements and recommend appropriate technology for obtaining, preparing, and delivering the information
- Leverage the various compliance and performance data streams to provide knowledge for decision making
The Solution plus Accountability.
Ecocion helps clients to:
- Identify the accounting tracking requirements for financial reporting
- Develop the internal controls and IT solutions to monitor remediation expenditures
- Provide integration with corporate accounting systems
- Ensure the accounting linkage between the environmental department and corporate financial reporting functions
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