The Ipieca Principles and the Ipieca-WBCSD SDG Roadmap are key frameworks through which Ipieca aims to inspire action. These member action case studies provide tangible examples of how members are operationalising the principles and embedding SDG Roadmap actions in their businesses, offering inspiration and insights for other companies. Relevant Ipieca good practice guidance and resources are provided to further support companies to take the next step on their sustainability journey.
Water quality and quantity is of global environmental concern, presenting risks and opportunities for the industry. The industry is committed to managing its consumption of water, working to protect the quality of water through project life cycles and contribute to SDG 5 – Clean water and sanitation.
The oil and gas industry has made continuous reductions to the amount of natural gas that is flared. By working through a range of consortia, such as the World Bank’s Global Flaring and Methane Reduction Partnership, Ipieca members are reducing the amount of ‘associated’ gas that is flared.
Biodiversity is vital to ensuring healthy people and a healthy planet, providing the foundation for economic growth, human health and prosperity. Ipieca members are committed to supporting the aims of the UN Convention on Biological Diversity—which acts as an international framework of reference for biodiversity issues.
Marine spill preparedness and response is key to minimising environmental impacts and ensuring the sustainable use of oceans, seas and marine resources for economic development and human wellbeing. Ipieca members monitor, assess and respond to marine-spill related developments and engage with external stakeholders, including governments and regulators, to enhance understanding, build capacity, and run practice exercises.
Creating shared value through policies and operating practices enhances the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates. Ipieca members take a strategic approach to local content efforts in recognition of the wider business benefits of creating and sharing value between themselves, local communities and countries.