Calendar5 May 2026

The April round-up showcases continued investment in the energy transition alongside community and nature focused initiatives. Key themes include financing for low-carbon fuels, quantifying carbon stock in Brazil, partnerships to support education, and marine and coastal ecosystem restoration.

We also share Ipieca insights from the Voluntary Principles Initiative Annual Plenary Meeting, plus a C2ES report on how oil and gas technologies and policies could support geothermal energy, and an IUCN report on strengthening biodiversity reporting as renewables scale up.

Member sustainability articles

Eni

Eni and European Investment Bank support biorefinery development in Italy

Eni and the European Investment Bank have signed a EUR 500 million financing agreement to support the biorefinery in Sannazzaro de’ Burgondi, Italy. The financing is intended to advance the conversion of the site towards bio‑based processing, contributing to the development of sustainable fuels and the broader energy transition through industrial transformation.

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OMV

OMV partners with Vienna State Opera to support education and innovation

OMV has announced a partnership with the Vienna State Opera focused on education, talent development and innovation. The collaboration aims to support learning opportunities and skills development through a scholarship sponsorship programme, linking cultural engagement with broader social sustainability objectives.

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Pertamina

Pertamina supports coastal community livelihoods in Indonesia

Pertamina has highlighted a community development initiative supporting coastal communities in Tuban, Indonesia. The programme focuses on strengthening local livelihoods and improving the welfare of fishing communities through capacity‑building and economic empowerment activities.

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Petrobras + Shell

Project to quantify carbon stock in Brazil

A new initiative from the Centre for Carbon Research in Tropical Agriculture, Shell, and Petrobras—the ‘Carbon Countdown’—will travel across Brazil to collect soil and vegetation samples to quantify the carbon stocks of all Brazilian biomes. The goal is to create a public database establishing baselines for soil and vegetation carbon, helping position the country in the carbon market.

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PETRONAS and ENEOS

PETRONAS and ENEOS Xplora strengthen partnership towards long-term energy security

PETRONAS and ENEOS Xplora have announced an agreement to strengthen their long‑term strategic partnership. The collaboration is intended to support shared objectives, including the reliable supply of LNG, increased energy security and commitments to a lower-carbon future.

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PTTEP

PTTEP launches ‘Ocean for Life’ marine restoration initiative in Thailand

PTTEP has launched the ‘Ocean for Life’ initiative at Koh Tao, Thailand, installing underwater art sculptures designed to function as artificial reefs. The project aims to support marine ecosystem restoration while creating a new dive site to promote environmental awareness.

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Ipieca insights and partnerships

Ipieca + Voluntary Principles Initiative (VPI)

Ipieca insights from the 2026 Annual Plenary Meeting of the Voluntary Principles Initiative

In its capacity as an observer, Ipieca participated in the 2026 Annual Plenary Meeting of the VPI, held in London from 24 to 26 March. Discussions focused on the Initiative’s role in responding to heightened security risks, evolving regulatory expectations and geopolitical tensions, and on its ability to mobilise companies, governments and civil society at both local and global levels.

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Centre for Climate and Energy Solutions (C2ES)

New report on scaling geothermal with learnings from the oil and gas industry

C2ES has published a new report which examines the applications of geothermal energy as part of a low‑carbon energy system. The analysis explores current uses, opportunities for expansion and the challenges that need to be addressed, whilst drawing from advancements in the oil and gas industry to help scale geothermal deployment.

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International Union for Conservation of Nature (IUCN)

Report calls for clearer biodiversity reporting in renewable energy projects

The Global Initiative for Nature, Grids and Renewables (GINGR), a collaboration between IUCN and Renewables Grid Initiative, has published a new report that highlights the need for clearer and more consistent biodiversity reporting as renewable energy projects scale up globally. The report outlines gaps in current disclosure practices and underscores the importance of improving transparency to better manage nature‑related risks and impacts throughout the energy transition.

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The monthly Ipieca sustainability article round-up showcases recent sustainability-related achievements, projects and news from Ipieca members, aligning with the Ipieca Principles around advancing environmental and social performance across the energy transition. We also highlight initiatives from our partner organisations and share insights from key United Nations meetings.

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