Training on Governance of State-Owned Enterprises (SOEs) in the Energy Sector

State-Owned Enterprises (SOEs) play a central role in the energy sector by managing strategic national assets, delivering electricity, oil, gas, renewable energy, transmission, distribution, and other critical energy services. These organizations are expected to achieve commercial success while fulfilling public policy objectives, ensuring energy security, supporting economic development, and maintaining high standards of accountability. Balancing these responsibilities requires strong governance systems, effective board oversight, transparent decision-making, robust risk management, and sound financial stewardship.

This course equips participants with practical knowledge and governance strategies to strengthen the effectiveness, accountability, and performance of State-Owned Enterprises in the energy sector. Participants learn how to establish governance frameworks, define the roles of boards and executive management, improve enterprise risk management, strengthen ethics and compliance programs, oversee financial performance, manage stakeholder relationships, and align organizational strategy with national energy policies. The course also explores board performance evaluation, Environmental, Social and Governance (ESG) oversight, digital governance, public sector accountability, performance monitoring, and governance reforms that improve operational excellence.

Participants examine internationally recognized governance principles and standards, including the OECD Guidelines on Corporate Governance of State-Owned Enterprises, OECD Principles of Corporate Governance, ISO 37000 Governance of Organizations, COSO Enterprise Risk Management Framework, International Financial Reporting Standards (IFRS), Committee of Sponsoring Organizations (COSO) Internal Control Framework, and Environmental, Social and Governance (ESG) reporting practices. Through governance assessments, board simulations, strategic planning workshops, and real-world case studies from energy sector SOEs, participants develop the skills to improve governance structures, strengthen public accountability, enhance organizational performance, and build resilient, high-performing energy enterprises.

Duration

5 Days

Who Should Attend

• Board Members
• Board Committee Members
• Chief Executive Officers
• Executive Directors
• Company Secretaries
• Corporate Governance Officers
• Compliance Managers
• Risk Managers
• Internal Auditors
• Finance Directors
• Chief Financial Officers
• Legal Advisors
• Corporate Strategy Managers
• Human Resource Directors
• Government Shareholder Representatives
• Energy Ministry Officials
• State-Owned Enterprise Executives
• Energy Regulatory Authorities
• Public Enterprise Managers
• Energy Sector Consultants

Individual Impact

• Strengthen governance leadership capabilities.
• Improve strategic decision-making.
• Enhance compliance and risk management skills.
• Promote ethical leadership.
• Lead governance reform initiatives.

Organizational Impact

• Stronger board effectiveness.
• Improved organizational accountability.
• Better financial oversight.
• Enhanced enterprise risk management.
• Increased operational efficiency.
• Stronger regulatory compliance.
• Greater stakeholder confidence.
• Improved organizational resilience.
• Sustainable long-term performance.

By the end of this course, participants will be able to:

• Understand governance principles for State-Owned Enterprises.
• Strengthen board leadership and organizational oversight.
• Improve accountability and transparency.
• Enhance enterprise risk management and internal controls.
• Apply international governance standards and best practices.
• Strengthen ethics and compliance programs.
• Improve strategic planning and organizational performance.
• Enhance stakeholder and shareholder engagement.
• Strengthen ESG governance and sustainability oversight.
• Develop governance improvement strategies for energy sector SOEs.

Module 1: Foundations of Governance for Energy Sector SOEs

Topics

• Governance Principles for State-Owned Enterprises
• Roles of Government Ownership
• Governance Structures
• International Governance Standards

Practical Exercise: Assess the governance maturity of an energy sector SOE.

Case Study: Governance reforms in a national electricity utility.

Module 2: Board Effectiveness and Strategic Leadership

Topics

• Board Roles and Responsibilities
• Board Committees
• Executive Accountability
• Strategic Oversight

Practical Exercise: Conduct a simulated board meeting on a major infrastructure investment.

Case Study: Board governance during energy sector expansion.

Module 3: Enterprise Risk Management, Ethics, and Compliance

Topics

• Enterprise Risk Management
• Internal Control Systems
• Ethics and Integrity
• Compliance Management

Practical Exercise: Develop a governance and risk oversight framework.

Case Study: Managing governance risks in a state-owned energy company.

Module 4: Financial Governance, ESG, and Stakeholder Engagement

Topics

• Financial Oversight
• ESG Governance
• Performance Monitoring
• Stakeholder Engagement

Practical Exercise: Evaluate governance performance using key organizational indicators.

Case Study: Strengthening transparency through sustainability reporting.

Module 5: Governance Transformation and Organizational Excellence

Topics

• Governance Reform
• Board Performance Evaluation
• Digital Governance
• Continuous Improvement

Practical Exercise: Develop a governance improvement roadmap for a State-Owned Enterprise in the energy sector.

Case Study: Transforming governance to improve operational performance and public trust.