BCG's Untapped Reserves
Boston Consulting Group (BCG) and the World Petroleum Council (WPC) have recently launched the third edition of the Untapped Reserves survey which is the only recurring global study on DE&I in the Energy industry.
The survey provides an assessment of diversity, equity and inclusion (DE&I) within the sector and this third edition will build upon the findings and outcomes of the previous two reports, released in 2017 and 2021. These reports’ findings were based on substantial proprietary research, with version 2.0 including feedback from more than 2,800 employees across 60 countries, along with more than 50 interviews with senior executives and other industry professionals. In addition, data was analysed from 50 international oil companies, national oil companies, and service providers with collective revenues of $2 trillion and representing about 14% of global employment in the oil and gas sector.
Untapped Reserves 3.0, will increase the industry reach of the project to include data from power, utilities and new energy companies and for the first time will pose detailed questions around other diversity dimensions e.g., race/ethnicity, disabilities, economic background, etc. It will also examine the full impacts of the Covid-19 pandemic on the industry’s DE&I progress.
A full report of the survey findings will be launched at the World Petroleum Congress in Calgary, Canada in September 2023.
The company-level and an individual-level surveys are now live and can be found at: https://untappedreserves.wpc.bcg.com
Please support this global initiative and make your voice heard!
Review the previous two Untapped Reserves reports here:
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