DXD's team members have developed and delivered risk management systems for private and public sector clients around the world for two decades. We draw upon the guidance of ISO 31000 and the lessons learned from working with dozens of client-specific risk management processes. We can provide our clients with DXD’s in-house risk management tools and processes, create bespoke platforms or work within our clients’ systems. Ultimately, successful risk and opportunity management requires the ability to understand the organization-specific language of our clients’ operations and their markets while addressing multiple stakeholder perspectives (technical, commercial, legal, community etc.).
We recognize that identifying and quantifying risks (and opportunities) and the effect of their mitigations is just the beginning. Our systems allow for the inclusion of RACI/RASCIs, action tracking and notifications to ensure risks, once identified, are managed.
Our team members have helped our clients create and deliver decisions at scales ranging from small scale project-specific solutions (< $1 million) to decisions requiring organization-wide change management with billions of dollars at risk. In all cases, we rely upon a systematic approach that begins with effectively framing the decision (including testing the client organization’s readiness to enact potential decision end points) to generating decision end points through a variety of approaches ranging from simple multi-criteria decision analyses to complex life cycle analyses involving detailed cost-benefit analyses.
Our engagements often involve technical, economic, environmental and social criteria. Consequently, DXD’s decision quality systems are developed to solicit and accommodate multiple stakeholder perspectives while ensuring that client objectives are met.
Corporate performance as measured by environmental, social and governance (ESG) criteria are increasingly being factored into investment analyses as a fiduciary function. Identifying the criteria that are material to an organization (via a materiality map) is a key first step to measuring and managing organization performance on this front. Expanding an organization’s risk management processes to incorporate ESG-based risks will place these risks into strategic context for organizational leadership.
DXD works with its clients to identify, map, measure and manage their ESG risks and opportunities as they relate to the whole of their enterprise. We help our clients understand the value of measurement and disclosure of ESG criteria and, ultimately, to evaluate their response readiness and disclosure strategies for the numerous third-party requests for ESG-related disclosure.
Ensuring board and executive level understanding of the ESG criteria through training programs is paramount to effecting action throughout the organization. DXD provides this training using sector/context appropriate curricula and subject matter experts.
Greenhouse gas (GHG) regulation continues to grow and evolve across regional and national levels of government. DXD’s regulatory scanning highlights current and emerging regulatory initiatives. In conjunction with our subject matter experts we interpret the effects of these regulations on our clients’ businesses and help them to develop a multi-lever approach to their management. We work with our clients to review the technical/engineering, commercial, administrative and regulatory levers that can be used to mitigate GHG related risk.
Providing a full-service GHG management and reporting offering, DXD collaborates with a highly qualified network of GHG emissions quantifiers, verifiers and off-setters. This allows us to provide our clients with end to end Carbon Disclosure Project reporting services as well as a wide variety of regulated carbon tax and reporting services.
DXD is proud to collaborate with the organizations such as the Petroleum Technology Alliance Canada (PTAC) and numerous Canadian and American academic institutions at the forefront of GHG-related research. Utilizing our project management and program delivery offerings, we have stewarded programs such as the Fugitive Emissions Management Program – Effectiveness Assessment (FEMP-EA), the Alternative FEMP-EA and the Alberta Methane Field Challenge (AMFC). We are pleased to have worked with closely with the Sundre Petroleum Operators' Group (SPOG) and industry members to develop the blueprint and secure the funding for its Methane Emissions Management Program (MEMP).
DXD’s roots are in the identification, management and reporting of environmental liability in the oil and gas and mining sectors. This lens on the effects of resource-based activity on the environment and our communities shapes our mission to create sustainable value for our clients and their stakeholders. For those clients at the beginning of the project life cycle, we provide closure planning services into front-end engineering and design. For those in the mature phases of the project life-cycle, we offer extensive experience with portfolio-wide closure programming including risk management, decision analysis and contract strategy.
DXD’s team members have conducted due diligence programs for oil and gas and mining assets valued well in excess of $25 billion. This experience was developed across North and South America, Africa and Europe resulting a broad understanding to the various approaches to managing environmental liability. Importantly, our subject matter experts have broad experience in soil and groundwater remediation, contaminated sites project management, risk-based closure and regulation development. This allows us to provide innovative solutions to both our clients and their regulators.