Ipieca has released a members' only awareness briefing, The role of scenario analysis in climate reporting. Recently, there has been an increasing focus on the use of scenario analysis as a tool to aid corporate disclosure of climate-related risks and opportunities (for example, the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) or the proposed 2018 CDP questionnaire).
Ipieca has developed a set of tools to help make the business case for Corporate Social Responsibility (CSR), and improve internal company due diligence processes for social performance.Four tools have been developed: Risk terminology: This generic risk terminology was designed based on the outcomes of a survey of member company methodologies for enterprise risk management. The purpose is to provide a framework for how to structure the work on adverse impacts, risks and costs. Adverse impacts chart:
Ipieca, API and IOGP have released a new publication -Guidelines on implementing spill impact mitigation assessment (SIMA)- produced in support of the Ipieca-IOGP guidance on net environmental benefit analysis (NEBA). A key objective for any oil spill response is to minimize the impacts to ecological, socio-economic and cultural resources at risk through the development of a safe and effective response strategy.