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.
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.
Members are striving to enhance understanding and management of sustainability risks in the supply chain by promoting transparency in their procurement processes through sustainability reporting, conducting due diligence on human rights and environmental issues, and engaging the value chain to provide leadership on good practices.
The scale up of alternative energies, necessary if we are to meet the goals of the Paris Agreement, need to take into account climate, environmental and social risks associated with their development and use. The oil and gas industry has accumulated vast knowledge and specialised expertise in advancing the environmental and social performance of its operations, with many of the issues it deals with also being of relevance to alternative energy.
Circular economy is a system solution framework that entails decoupling economic activity from the consumption of finite resources. Ipieca members work to increase the circularity of their production processes and products, producing the energy the world needs, while reducing impacts on natural resources and biodiversity, and cutting emissions.
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.