The oil and gas industry business model is dependent on suppliers, in all phases of the value chain and during all stages of an asset’s lifecycle. As part of a company’s overall sustainability programme, opportunities for environmental and social performance improvement throughout the supply chain should be considered.
IPIECA promotes the integration of socially and environmentally responsible practices across the entire oil and gas supply chain. By informing and supporting the industry on the management of sustainability risks, and by responding to emerging expectations and standards, IPIECA aims to improve contractor and supplier performance.
IPIECA guidance: Labour rights in the oil and gas industry
IPIECA's new series of guidance on managing labour rights addresses the potential human rights impacts and issues that may occur through business relationships, particularly in the industry supply chain.