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.
Over the past decade, businesses, governments, and civil society have made ever-increasing pledges and commitments to address the climate and biodiversity crises. Through sustainability reporting, energy companies can solidify their strategic resilience and contribute to a just energy transition, ensuring that the shift towards sustainable energy sources is equitable and inclusive, benefiting all stakeholders involved.
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.
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.