Sustainable Development Strategy

Achievements to date, closure of redundant and introduction of new indicators

The 63 indicators identified in the 2001 strategy were reported upon in 2003, ultimately achieving better than 90% completion within the period. Recent reports show five year periods for the quantitative indicators, to illustrate progression. Key achievements to date are noted in the following table:

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The indicators from the 2003 strategy which are no longer being tracked are:

• "Outer wheel" indicators where measures are beyond the boundary conditions of this report,e.g. global R&D, product benefi ts and environmental impacts, profits for shareholders, investment in energy alternatives, new business exports generated
• Indicators which tracked what has now become business-as-usual in the UKCS sector or standard statutory requirements, e.g. environmental management systems with independent verification (which has near 100% coverage), social engagement of companies (but now refer to individual corporate reports)

The new indicators introduced following the 2005 stakeholder dialogue event recommendations include:

• Decommissioning: we were asked to articulate the forward picture, to track actions on the wellhead and structures removal and to provide insight into addressing technology and legacy issues
• Asset infrastructure integrity: for safety, stewardship and re-use potential (e.g. for CO2 sequestration or renewables)
• Workforce capacity and capability: labour market issues, supporting new entrants and developing a skills legacy
• Noise: concern about industry effects on cetaceans
• Business practices and corporate reports references

Other points which also came out of this event and have been addressed to some extent within the strategy are:

• Environment: include monitoring activity, strategic R&D plans and UKOOA's view on marine planning (to inform the development of new legislation)
• Historical perspectives: achievements and learning, means to normalise data (where appropriate)
• In general: more context, indication of goals and commentary of how the measures illustrate progress