Looking back on 2020, Ipieca is proud to celebrate its continued output of resources and engagement in external events, despite the extraordinary global challenges of the year. By developing, sharing and promoting good practice and knowledge, Ipieca has helped the oil and gas industry to advance its environmental and social performance.
In 2020, Ipieca:
- published over 30 free good practice guidance, awareness briefings and fact sheets
- produced nearly 30 webinars
- participated in 17 external events, including 7 UN events
- hosted 3 virtual Ipieca events, including transforming our flagship Ipieca week into virtual meetings, panels and webinars
- continued to expand its global membership to over 70 companies
Below, we highlight some of the key work Ipieca completed in 2020.
The compendium highlights Ipieca guidance and tools which can help alternative energy developers advance the environmental and social performance of their projects and operations. It also demonstrates how the oil and gas industry can contribute useful practices and learning across the changing energy mix, and the value of cross-sector collaboration to the energy transition.
The Sustainability reporting guidance for the oil and gas industry is a key tool to help companies shape the structure and content of their sustainability reporting. The fourth edition provides oil and gas companies with a clear framework for reporting on environmental, health, safety, social and economic performance, enabling consistent and transparent reporting and allowing companies to demonstrate to stakeholders their important role in the energy transition.
The second edition has been updated to include topics that have been developed or emerged in the upstream oil and gas industry since the original was released, including the relationship between environmental and social management, and the emergence of biodiversity and ecosystem services as a discipline.
This position paper maps the current landscape of COVID-19 vaccine development (as of November 2020) and provides information for the oil and gas industry to assist decision making regarding vaccination usage.
Ipieca supports the need for efforts from the international oil and gas industry to mitigate impacts on biodiversity. This document outlines the key messages on biodiversity and ecosystem services (BES) good practices for the industry, exploring the different roles of industry and governments, and how they can support and work with each other to mainstream the mitigation hierarchy.
This joint Ipieca-IOGP introductory document has been translated into French, German, Portuguese, Russian and Spanish. The documents provide an overview of the broad topics of oil spill preparedness and response, and links to the full range of guidance materials, detailed reports and technical support documents in the Ipieca-IOGP oil spill series.
In recent years, the increased demand for, and regional variability of, available water resources, along with sustainable water supply planning, have driven interest in the reuse of produced water. This fact sheet evaluates the opportunities and challenges of reusing produced water, covering the sources of produced water, their common constituents and management methods, and examples of successful produced water reuse applications.
Webinar series: Carbon capture, utilization and storage (CCUS)
Featuring speakers from bp, DNV GL, International Energy Agency, and Massachusetts Institute of Technology Energy Initiative, this webinar series explored the role of CCUS technologies in the transition to a net-zero future, including future opportunities and learnings from existing projects.
- Achieving net-zero with hydrogen and carbon capture and storage
- The Net-Zero Teesside project: advancing carbon capture, utilization and storage
- Carbon capture and storage: a history and outlook
- Carbon capture, utilization and storage: a key technology for the pathways to net-zero emissions
Webinar series: Sustainable finance
Changes to the energy system in line with the Paris Agreement and the increasing demand for energy will require massive shifts in investment flows. This webinar series provided an update on worldwide sustainable finance initiatives and the EU Taxonomy Regulation, explaining their potential impacts on the oil and gas industry, and exploring the industry's role in this area.
The series featured speakers from African Refiners and Distributors Association, Axa Investment and Managers, BNP Paribas Asset Management, FTSE Russell, IOGP, Millani, and RBC Global Asset Management.
More webinars from 2020:
- Circular carbon economy and the 4Rs: reduce, reuse, recycle and remove
- McDermott case study on embedded carbon in engineering, procurement and construction projects
- Reuse of produced water from the onshore oil and gas industry
- Reducing methane emissions from the oil and gas sector: guidance for improved operations
The Open-ended Working Group (OEWG) meeting provided an opportunity for comments on the draft post-2020 global biodiversity framework. Ipieca attended the meeting, submitted a statement on the framework, and made an intervention on the role of the private sector in implementing the framework to achieve transformative change.
As an endorsing partner, several representatives from the Ipieca secretariat and from Ipieca member companies presented on a range of sustainability topics in the oil and gas industry, from biodiversity and global conservation efforts to transforming the transport sector and the role the oil and gas sector can play in addressing sustainability challenges faced by the planet.
Virtual Ipieca Week
In response to the COVID-19 pandemic, our flagship event Ipieca Week 2020 was transformed into a virtual conference, with over 300 participants from member companies and representatives from outside the industry dialling into calls and webinars from around the globe. They came together to share knowledge, spark new collaborations and develop activities across climate, nature, people and sustainability.
Senior figures from the United Nations, NGOs and academic institutes took part in a webinar on Ipieca and the oil and gas industry's role in the energy transition, as well as a stakeholder dialogue with Ipieca's Executive Committee to discuss our vision, mission and future strategic direction.