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.
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.
Oil and gas activities are typically long term and may have a variety of impacts on local communities and different social groups. Ipieca members support the framework provided by the UN Guiding Principles on Business and Human Rights, which provide a common language for human rights and a set of high-level principles for managing human rights issues and risks.
Energy is a key driver of sustainable development and is often described as the ‘golden thread’ that links most of the Sustainable Development Goals (SDGs) and the 2030 Agenda pledge to ‘leave no one behind’. Members work to provide access to affordable, reliable, sustainable and modern energy, which is essential for economic growth, employment, education, poverty reduction, and health and safety.
Ipieca supports the oil and gas industry’s participation in international collaboration to transition to a low-carbon world in a way that is just and fair for workforces, communities and consumers. Ipieca members are collaborating broadly to upskill, reskill and invest in new business models for a just transition.
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.
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.