The Ipieca sustainability article round-up showcases recent sustainability-related achievements, projects and news from Ipieca members and organizations that Ipieca partners with, demonstrating their commitment to advancing environmental and social performance across the energy transition and achieving the UN Sustainable Development Goals.
The February round-up shines a spotlight on engineering, procurement and construction contractors as well as technology and service providers, highlighting their role in advancing the industry’s sustainability performance. We also feature our new ‘Flaring management guidance’, launched in partnership with IOGP and the World Bank’s GGFR, as well as the net-zero ambitions of OGCI and Ipieca members.
Member sustainability articles
Coalition to support Egypt’s climate change agenda
Baker Hughes has signed a memorandum of understanding with Bechtel in support of Egypt’s climate change agenda. The coalition sets out to provide execution, technology and financing expertise to aid decarbonization of select downstream facilities in Egypt, ahead of the country’s hosting of COP27 this year.
bp invests in low-emission hydrogenated vegetable oil fuels to help decarbonize hard-to-abate sectors
bp has acquired a 30% stake in the UK’s largest provider of low-emission hydrogenated vegetable oil fuels, expanding its global biofuels portfolio. bp aims to work with Green Biofuels to help decarbonize businesses across the construction, freight, off-road and marine industries by using renewable hydrogenated vegetable oil fuel as a direct replacement for diesel.
McDermott launches carbon footprint calculation tool
McDermott’s web-based tool ArborXD™ provides data collection, estimation and reporting on the potential carbon impact of energy facilities before construction begins and across whole energy project life cycles.
Offshore Energies UK
OEUK expands scope to offshore carbon capture, hydrogen and wind
Previously known as OGUK, Offshore Energies UK has extended its remit from to oil and gas to also include hydrogen, carbon capture and storage and offshore wind. The trade body has updated its name to reflect this new scope.
Schlumberger enhances global education opportunities
Schlumberger shares how its global education initiatives are contributing to the social development of communities, including the recent launch of Schlumberger Excellence in Education Development programmes in 36 countries (by-lined by Director of Social Sustainability at Schlumberger and Ipieca Social Responsibility Group Vice Chair Nick Abrahams).
TotalEnergies signs MoU to contribute to sustainable development of Rwandan energy sector
TotalEnergies has signed a memorandum of understanding (MoU) with the Rwanda Development Board, a public institution responsible for accelerating Rwanda’s economic development. The agreement will enable collaboration on projects supporting the development of low-emissions energy solutions as well as the transfer of skills and expertise for the energy transition.
Woodside Energy releases 2021 climate report
Woodside Energy has released its climate report for 2021, outlining its climate-related plans, activities, progress and data, and its commitment to contributing to the energy transition as a low cost, lower-carbon energy provider.
Partner sustainability articles
Ipieca, IOGP and World Bank Global Gas Flaring Reduction Partnership
Ipieca, IOGP and World Bank’s GGFR launch Flaring management guidance for the oil and gas industry
The new Ipieca-IOGP-World Bank GGFR Flaring management guidance provides a framework for oil and gas companies, governments and regulators to reduce or eliminate flaring and support sustainable development by making use of the otherwise flared gas as an additional energy source.
NZE ambitions: Oil and Gas Climate Initiative + Ipieca
Increased company net-zero ambitions
Twelve members of OGCI, eleven of which are also Ipieca members, have announced their ambition to achieve net zero operations, covering Scope 1 and 2 greenhouse gas emissions, within the timeframe set by the Paris Agreement. A total of 30 Ipieca members have now set public net-zero emissions ambitions.
Related Ipieca resources & news
Found these articles interesting? Learn more about the topics covered through Ipieca’s free good practice guidance, awareness briefings, webinars, news and blogs:
- Environmental and social good practice for the energy transition: a compendium of Ipieca good practices
- Hydrogen: enabling the energy transition and pathways to net-zero emissions
- Exploring low-emissions pathways: advancing the Paris Puzzle
- Exploring low-emissions pathways for transport
- Ipieca 2021-24 strategy: providing a platform to support the energy transition and sustainable development
- Net-zero emissions: glossary of terms
- Zigzag to Zero? Positive pathways to Paris - an industry, investor and civil society roundtable
Sustainable Development Goals
- Ipieca-UNDP-IFC Mapping the oil and gas industry to the Sustainable Development Goals: an Atlas
- Ipieca-WBCSD Accelerating action: an SDG Roadmap for the oil and gas sector
- Creating successful, sustainable social investment
- Local content: a guidance document for the oil and gas industry
- Social investment in skills building and enterprise development (members only)
- 03 March 2022