Dr. Katharina Beumelburg

Schlumberger

Chief Strategy & Sustainability Officer

Dr. Katharina Beumelburg is Chief Strategy and Sustainability Officer, a position she assumed in May 2021. Prior to her current position, she led the global Transmission Services business for Siemens Energy AG. Beumelburg previously held various positions in Siemens over more than 16 years including Executive Vice President, Strategy, Siemens Gas and Power; and leading the Siemens Hydrogen Solutions business. Prior to this, Beumelburg was Global Head of Siemens Business Excellence and spent the earlier part of her career in Siemens Management Consulting, where she held VP and project manager roles. Before joining Siemens in 2005, she started her career at the Fraunhofer Institute for Production technologies and automation in Stuttgart, Germany. Beumelburg holds a Diploma in Industrial Engineering from Universität Siegen; a Diploma in Mechanical Engineering and a Ph.D. in Robotics and Automation from Universität Stuttgart. Beumelburg has been a Young Global Leader in the World Economic Forum since 2015.

Sessions With Dr. Katharina Beumelburg

Wednesday, 9 March

  • 03:55pm - 04:35pm (CST) / 09/mar/2022 09:55 pm - 09/mar/2022 10:35 pm

    Energy, Climate Change & ESG: Navigating the future

    Finance & Investment/Trading & Risk Management/ESG Upstream Oil & Gas
    The Glasgow COP26 meeting reaffirmed the global goal of net zero emissions by 2050. Previously, investors, shareholders, and companies focused on environmental performance. Now, energy companies face increasing pressure to allocate more capital to energy transition investments. Simultaneously, institutional investors are focusing more on climate-related financial risks to investments, along with Environmental, Social, and Governance (ESG). The new balanced scorecard not only includes financial performance but also a clear understanding of transition risks and companies’ contributions to positive societal outcomes. Should ESG be at the center of every energy company’s business strategy? How are ESG factors influencing financial institutions’ behavior and how well are energy companies responding? How will the recent run-up in energy prices influence the move from hydrocarbons to low or zero carbon? What are the pros and cons of regulators defining and mandating climate-related disclosure requirements? Should there be unified and transparent ESG metrics and disclosures similar to financial disclosures?