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Ipieca has launched membership principles for corporate and associate members as a new condition of membership.

Setting sustainability expectations for members, the Ipieca Principles reinforce Ipieca’s role to inspire action and lead the global oil, gas and alternative energy industry through a sustainable energy transition.

The principles are grouped under the four pillars of Ipieca's 2021-2024 strategy, providing a shared ambition for members in support of Ipieca's vision.

The first principle under each pillar provides support for a United Nations convention or initiative, strengthening Ipieca's longstanding relationship and collaboration with the UN. The second principle under each pillar aims to advance the environmental and social performance of members’ operations.

Climate

Climate

Climate action

1. Support the Paris Agreement and its aims.
2. Advance emissions reduction and innovation and enable adoption of low-carbon products and solutions across oil, gas and/or alternative energy.
Climate

Nature

Environmental responsibility

3. Support the aims of the UN Convention for Biological Diversity.
4. Responsibly manage operational impacts on the natural environment and ecosystem services.
Climate

People

Social performance

5. Support the UN Guiding Principles on Business and Human Rights.
6. Promote the health, wellbeing and social inclusion of workforces and local communities relating to operations, and contribute to the social and economic development of host communities and countries.
Climate

Sustainability

Integrating sustainability

7. Support the UN 2030 Agenda for Sustainable Development as embodied by the Sustainable Development Goals.
8. Integrate sustainability across activities, increase transparency and engage with key stakeholders.

  • Brian Sullivan
  • Morten Mikkelsen
  • Steve Edwards
  • Jane Nelson
  • Dante Pesce
  • Mark Radka
  • Nadja Brauhardt
  • Mikki Corcoran
  • Vicki Hollub
  • Paul Krishna
  • Brian Sullivan

    'The Ipieca Principles reinforce our core role to engage with the United Nations and support the industry to advance environmental and social performance. They promote awareness and support for key UN agreements and principles, and signpost how members can and do make a positive contribution to progress through good practice. The Ipieca Principles are a major step forward for Ipieca and our membership.'

    Brian Sullivan - Ipieca Executive Director 

  • Morten Mikkelsen

    'The Ipieca Principles demonstrate Ipieca’s commitment to working with members and stakeholders to lead the industry through a sustainable energy transition. By setting expectations for members’ management approach in the areas of climate, nature, people and sustainability, and providing tangible actions to achieve them, Ipieca is inspiring action on our vision to advance the industry’s environmental and social performance and contribution to the energy transition in the context of sustainable development.'

    Morten Mikkelsen - Sustainability Special Advisor, Equinor and Ipieca Chair

  • Steve Edwards

    'I am very pleased to see Ipieca is ‘raising the bar’ for membership, as they have an important role to play in influencing the sector in addressing climate change and biodiversity impacts, while continuing to encourage the transition to a low carbon energy model.'

    Steve Edwards - Senior Project Manager, IUCN Global Business and Biodiversity Programme

  • Jane Nelson

    ‘The development of the Ipieca Principles marks one of the most important milestones in the organization’s history. Since its creation in 1974 as an industry-led coalition focused on spreading responsible environmental management practices, Ipieca has continued to adapt to changing global trends, stakeholder expectations and lessons learned among its member companies. The Ipieca Principles provide a higher bar for accountability and essential guidance for the next stage in this journey.

    Based on widespread consultation with member companies and external stakeholders, benchmarking with other industry-led coalitions and alignment with key United Nations global agreements and frameworks, the principles set clear expectations for Ipieca membership and a roadmap for leadership in climate action, environmental responsibility, human rights and social performance, and sustainability. The challenge now is to deliver. Their credible and transparent implementation will be crucial to building trust and advancing industry performance across the energy transition.’

    Jane Nelson - Director of the Corporate Responsibility Initiative, Harvard Kennedy School

  • Dante Pesce

    ‘Industry associations have an indispensable role to play as platforms for collective action, by setting clear performance expectations for their members regarding the most pressing societal challenges of our time—such as climate change and respect for human rights. Effective and transparent implementation of the Ipieca Principles by Ipieca members will be key to making indispensable change happen.’

    Dante Pesce - Former UN Working Group on Business and Human Rights member, at the Catholic University of Valparaíso, Chile

  • Mark Radka

    ‘The world is trying to navigate a complex energy transition, a transition we have no choice but to accelerate if we’re to forestall the worst effects of climate change.  I’m delighted that as a condition of Ipieca membership, companies agree to actively support the Paris Agreement and its aims by improving their individual performance, innovating, and adopting low-carbon products and solutions.’

    Mark Radka - Chief of the Energy and Climate Branch, United Nations Environment Programme

  • Nadja Brauhardt

    ‘Ipieca’s principles for climate, nature, people and sustainability are very important to demonstrate that all Ipieca members have a common understanding of how to tackle the challenges of a sustainable energy transition. As a member of Ipieca, Wintershall Dea fully supports the Ipieca vision to improve performance and contribute to the energy transition in the context of sustainable development.’

    Nadja Brauhardt - Vice President Sustainability, Wintershall Dea and Ipieca Executive Committee member

  • Mikki Corcoran

    'The Ipieca Principles are an important landmark for Schlumberger and the energy industry as we accelerate action to drive sustainability impacts and meaningfully contribute to both the UN Sustainable Development Goals and the Paris Agreement. Respecting and operationalizing the Ipieca Principles is one way we bring our corporate purpose to life, creating amazing technology that unlocks access to energy for the benefit of all.’

    Mikki Corcoran - Vice President Sustainability, Schlumberger and Ipieca Executive Committee member

  • Vicki Hollub

    ‘Principles are the foundation for leadership, organizations, and communities. Oxy endorses Ipieca’s principles for climate, nature, people and sustainability—core tenets we honor in advancing innovative solutions to help meet global needs.’

    Vicki Hollub - President and CEO, Oxy

  • Paul Krishna

    ‘Congratulations to Ipieca on establishing membership principles. The principles help Ipieca continue to set expectations for membership and drive its shared vision and strategy.’

    Paul Krishna - Sustainability Manager, ExxonMobil and Ipieca Vice Chair


A new condition of membership

The Ipieca Principles are a new condition of membership. Supporting the principles is a requirement of membership for current and prospective Ipieca corporate and associate members, effective from 1 July 2022.

Under the conditions of Ipieca membership, members of Ipieca agree to:

  • Support the Ipieca Principles.
  • Support the Ipieca vision to improve performance and contribute to the energy transition in the context of sustainable development.
  • Support the objectives and work plan of Ipieca as approved by the General Committee. This includes but is not limited to, engaging in at least two groups.
  • Respect and value Ipieca's non-lobby status.
  • Comply with the Articles of Association of Ipieca.
  • Comply with applicable laws and regulations, including on anti-trust, competition and sanctions, related to Ipieca’s activities and members participation.

Supporting the Ipieca Principles

Members demonstrate their support for the Ipieca Principles through their agreement to the conditions of Ipieca membership and their continued membership of Ipieca.

An accompanying list of Practical examples, useful resources and reference points has been developed to guide members through a range of voluntary actions to operationalise the Ipieca Principles. The applicability of the suggested actions to any particular company will be dependent on a company’s own policies and procedures, applicable law, operating regions and other factors.