About the Reporting Task Force
The Reporting Task Force was established in 2002. Its main purposes is to:
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Encourage non-financial corporate reporting across the oil and gas industry |
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Help companies improve quality and consistency of reports |
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Understand & improve our performance |
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Communicate industry's progress on non-financial aspects of corporate performance |
The efforts of the Task Force culminated in April 2005 with the publication of Oil and Gas Industry Guidance on Voluntary Sustainability Reporting. (PDF, 1.7MB)
Updating the 2005 Guidance
In 2008 a new Task Force convened to update the 2005 IPIECA/API Oil and Gas Industry Guidance on Sustainability Reporting. The Task Force have two main objectives in mind as they update the guidance:
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To improve the value of the guidance through stakeholder engagement |
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To improve the quality and comparability of oil and gas reporting through the development of more precise indicators, and promote performance improvements. |
The Task Force aims to complete the second edition of the Guidance by end of mid 2010.
Stakeholder input to the Guidance Update
IPIECA is convening a stakeholder panel as a means to consult with respected external stakeholders on the direction and scope of the change needed as well as the process needed to achieve it. The panel will function for approximately one year beginning in spring 2009. There will be two stakeholder panel sessions the first of which will be in May 2009 and the second of which will be in Q1 2010. Please click here to download the Terms of Reference for the IPIECA Stakeholder Panel.
The five expert panel members are as follows:
Public consultation period
Whilst the above panel of external expert stakeholders will provide detailed recommendations for the development of the second edition Guidance, input and feedback on the existing 2005 Guidance are also needed from a broader group of stakeholders to enhance development of the second edition.
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Please click here to access the 2005 Guidance |
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Please click here for more information about the update process and to provide comments. |
A second public comment period is scheduled for early 2010 when the first draft will be available for review. |