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.
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.
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.