Ipieca operates a four-year strategic plan cycle. In 2020, the Executive Committee led a strategic review towards the development of Ipieca’s 2021-2024 strategy.
Feedback and advice from members and key external stakeholders was sought on Ipieca’s vision and mission, Ipieca’s role in the energy transition, key priorities for the oil and gas industry, and the future of Ipieca. This was achieved through surveys, a stakeholder dialogue, and a stakeholder panel on the energy transition.
The resulting 2021-2024 strategy focuses on supporting our members on their pathways to a low-emissions future while also showcasing how they are contributing to a healthier, more prosperous world.
Transparent and open dialogue with stakeholders helps guide Ipieca's work programme and ensures that its activities reflect key sustainability issues for the industry, as well as the views of stakeholders.
Ipieca convened a virtual stakeholder dialogue on 31 March 2020 with nine external stakeholders, drawn from civil society, academia and financial institutions, and ten Ipieca Executive Committee members.
The dialogue focused on stakeholders’ views on:
- Ipieca’s potential role in the energy transition
- principles to be included within the Ipieca vision
- priorities and strategies for Ipieca focus areas
- how to effectively engage with stakeholders going forward
A full report of the dialogue is available for download here. Reports of previous dialogues are available for 2016, 2012, 2008, 2003, and 2001.
Stakeholder panel: Ipieca's role in the energy transition
Ipieca asked key stakeholders from UN, academia and non-governmental organizations to share their views on how the oil and gas industry can play a role in the energy transition, and what Ipieca can do to support this, as well as how Ipieca can ensure that environmental and social performance continue as key levers of the energy transition.
Panellists shared insights on the technologies, actions and pathways required to achieve the energy transition and recommendations for how Ipieca, its members and the industry can accelerate their development.