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.
Ipieca members’ approach to health and wellbeing is focused on the health outcomes of oil and gas industry employees and the communities in which they operate. This extends beyond protection to proactively helping employees remain healthy, as well as offering health and lifestyle services and infrastructure to surrounding communities, where the industry is often a major presence and employer.
A number of sectors are challenging to electrify, including long-haul transport, shipping, and aviation. The oil and gas industry has a key role to play in the production and adoption of cleaner, lower-carbon and alternative fuels and decarbonisation technologies to help these hard-to-abate sectors to lower emissions and advance the energy transition.
One of the key technologies that can enable large-scale, cost-effective mitigation of CO2 within the industry and across other sectors is carbon capture and storage (CCS). The oil and gas industry is currently working to develop CCS technologies and projects, as well as to address barriers and explore opportunities to enable its uptake.
The Global Biodiversity Framework (GBF), adopted by 196 Parties at the UN Convention on Biological Diversity (CBD) COP15 in 2022, represents the global biodiversity agenda for the next decade and the common ground across societal sectors to enact positive actions for halting and reversing nature degradation.
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.
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.