Canacol Energy emphasizes engaging with suppliers in long-term, mutually beneficial, and shared responsibility relationships. This includes ensuring that procurement processes comply with strict standards for occupational health and safety, environmental stewardship, social responsibility, ethics, and respect for human rights.
Canacol utilizes equitable and transparent contracting processes applying ESG evaluation and selection criteria in addition to traditional economic, timely, and quality requirements. The contracting process is monitored and should ESG gaps develop, actions are taken to resolve them promptly.
Canacol's supplier evaluation and selection processes follow ISO 14001 requirements as well as the company's Environmental Quality Plan. Suppliers are required to proactively manage their environmental and social impacts with contingency plans, programmes, procedures, and certifications. The requirements are detailed in contract addendums which are monitored as well as reviewed and updated annually.
Ipieca has launched new guidance for companies on how to identify labour rights risks in their supply chains.
A tool to help oil and gas companies assess and manage supply chain sustainability risks.
Ipieca has developed a series of practical guidance and tools on managing labour rights, which aim to reduce the risk of and address potential human rights impacts and issues, particularly in the industry's supply chain.
This document offers guidance for oil and gas industry JVs on the governance, policy development, implementation and management of HSSE&SR.
Eni has developed a vertical integration model for the production of vegetable oil to be used for biofuels production. The supply chains promoted by Eni involve thousands of small farmers, allow the creation of income and access to the market, promoting socio-economic development in rural areas.
bp signed a memorandum of understanding with Redcar & Cleveland College to develop educational programmes for clean energy industries, including a Clean Energy Education Hub. Through projects like Net Zero Teesside Power and H2Teesside, bp aims to create significant economic value and thousands of jobs in Teesside, supporting its role in the UK's energy transition.
In its 2021 Corporate Sustainability Report, Chevron provided examples of its contribution to the impact opportunities identified in the Ipieca-WBCSD SDG Roadmap for the oil and gas sector, including highlights from 2021 and what it plans to do next. Further examples are provided in its 2022 Corporate Sustainability Report.
Idemitsu Group's Solar Frontier K.K. has been pursuing the development of recycling technologies for solar panels since 2010, recognizing the importance of establishing low-cost, environmentally friendly recycling technologies as a means of promoting the healthy expansion of solar power generation.