SPE Live Podcast: Rising to the Challenge of the Constantly Changing World of Work - A Conversation with Brian Kraus

A major study from ERM, the global sustainability consulting firm, has produced a wealth of insight on a range of topical issues in the field of health and safety. ERM engaged 256 Health and Safety Function Leaders from companies that directly employ 11 million people in addition to many millions of contractors in the 2nd half of 2023. Over 36,000 H&S professionals work with the participating companies which have operations in more than 150 countries and combined revenues of US $7.2 trillion, equivalent to 7.2% of global GDP in 2022. The study builds on earlier studies undertaken in 2018 and 2021.

The engagements with the Function Leaders addressed topical issues in H&S at this time, such as psychosocial risk and the application of AI in H&S, but also revisited a number of themes which were addressed in the earlier studies which are a source of persistent challenge for organizations; an opportunity to examine trends in areas including changing stakeholder expectations, investment in H&S and management of H&S for contractors which undertake higher risk activities in the workplace.

Many fresh insights emerged from the engagements: useful lists of concerns, investments in H&S, uses of AI and approaches to address a broad range of challenges as well as data on ratios of H&S professionals to employees, reporting lines for the function and much more. What has become apparent is that many of the concerns that emerged from engagements with the Function Leaders in 2018 and 2021 emerged once again from the analysis of data in 2024. The context is the pace of change, not just in the field of H&S itself (stakeholder expectations, regulatory requirements, use of technology and more), but also in the nature of work, the composition of the workforce and where work is delivered. The pace of change has accelerated over the last 3 years. And it is clear expectations and impacts on business will continue to rise (the Function Leaders are virtually unanimous on this) and changes in the world of work will continue at a pace. It is not going to get easier.

The data suggest meaningful progress in many areas but also strongly suggest the underlying issues identified in the earlier studies have not been resolved, despite increasing leadership engagement, higher levels of investment and widespread application of software solutions and new technologies. But, in some areas the gap has widened. H&S functions, catapulted into a new paradigm and challenged to access talent with the necessary skills, are stretched, as are the Function Leaders.

Brian Kraus provides a high-level overview of the insights from this seminal study including a number of insights specific to upstream oil and gas.

• Moderated by Sue Staley, SPE HSES Technical Director, and Sustainability Director at vPSI Group LL
• Speaker: Brian Kraus, Associate Director at ERM