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Practical examples, useful resources and reference points

The practical examples are voluntary actions that members can undertake to demonstrate support of the principles through company operations and the supply chain. They are not binding commitments nor minimum expectations on member companies. Members can implement any number of the examples listed in the document. The wide range of examples encourage members to go beyond business as usual, whatever stage of their sustainability journey they are on, and will not discourage prospective members from joining Ipieca.

Applicability of the suggested actions to any particular company will be dependent on a range of factors, including companies’ size, business models, policies and procedures, national/regional circumstances, level of economic development as well as applicable law and other factors specific to the particular company.

This is an evolving toolkit that will regularly be updated with voluntary actions and relevant resources, taking into account new Ipieca guidance, industry/regulatory developments and stakeholder expectations.

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Explore the toolkit

Climate
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
Nature
3. Support the aims of the UN Convention for Biological Diversity.
4. Responsibly manage operational impacts on the natural environment and ecosystem services.
People
5. Support the UN Guiding Principles on Business and Human Rights.
6. Promote the health, well-being and social inclusion of workforces and local communities relating to operations, and contribute to the social and economic development of host communities and countries.
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.