The Ipieca sustainability article round-up showcases recent sustainability-related achievements, projects and news from Ipieca members, demonstrating their support for the Ipieca Principles around advancing environmental and social performance across the energy transition. We also highlight initiatives from our partner organizations and share insights from key United Nations meetings.
We kick off the year with a round-up of initiatives and announcements from December and January, including biodiversity commitments for alternative energy projects, value chains for low-carbon hydrogen, carbon capture and storage infrastructure and social and economic development for Indigenous communities. We also share new nature positive commitments from the International Council on Mining and Metals and insights from Ipieca’s recent UN engagement.
Member sustainability articles
Cepsa
Cepsa commits to improving biodiversity in its renewable projects
Cepsa has set new objectives to mitigate biodiversity impacts (no net loss) and promote actions to conserve and improve biodiversity (net positive impact) during the development and maintenance of its future wind and solar plants. The company will use methodologies for environmental assessment and monitoring and collaborate with external institutions to verify the results of its projects in biodiversity.
Equinor
Equinor and RWE to cooperate on large-scale value chains for low-carbon hydrogen
Equinor and RWE have signed a memorandum of understanding with the aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low-carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany.
PTTEP + INPEX
PTTEP and INPEX to study carbon capture and storage in Gulf of Thailand
PTTEP and INPEX will conduct a study on the potential for carbon storage in the Northern Gulf of Thailand. The study supports PTTEP’s feasibility study for a CCS hub in the Eastern Economic Corridor of Thailand, which would reduce emissions from the company’s operational sites, as well as nearby industrial areas, through CCS technology.
Repsol
Repsol to exceed 600 service stations with renewable fuel in 2024
Repsol is accelerating its commitment to renewable fuels, aiming to exceed 600 service stations supplying 100% renewable fuel by the end of 2024 in the Iberian Peninsula, as part of its strategy to achieve net-zero emissions by 2050.
TotalEnergies
New subsea technology to separate and reinject CO2-rich gas
TotalEnergies announces the Libra Consortium's decision to deploy a groundbreaking natural gas and CO2 separation facility using high-pressure subsea separation technology in the Brazilian Mero field, aiming to reduce emissions and increase production capacity.
Woodside Energy
Scarborough Energy Project provides boost to local Karratha economy and First Nations businesses
Woodside's Scarborough Energy Project, investing over AUD 90 million in Karratha, Western Australia, emphasises the importance of engaging local suppliers and contractors for project success and community engagement.
Ipieca insights and partnerships
International Council on Mining and Metals (ICMM)
Mining leaders commit to support a nature positive future
The ICMM and its members have launched a new set of commitments to support a nature positive future by 2030. ICMM’s nature commitments start with companies’ own direct footprints and impacts, but also focus on how nature is managed across value chains, landscapes and the entire economic system.
Ipieca + UN Annual Forum on Business and Human Rights
Ipieca insights from the UN Annual Forum on Business and Human Rights
The Ipieca secretariat and 18 representatives from 10 member companies participated in the forum which is the global platform for yearly stock-taking and sharing of knowledge and lessons learnt on efforts to move the UN Guiding Principles on Business and Human Rights from paper to practice.
Ipieca + UN Framework Convention on Climate Change
COP28: keeping 1.5 degrees within reach
As part of its support of COP events and the Paris Agreement, and in line with the Ipieca Principles, Ipieca raises awareness of COP outcomes, shares on the ground learnings and insights, and produces practical guidance and tools to support the industry contribute to achieving COP objectives.
Ipieca
How is Ipieca supporting the environmental and social performance of renewables?
Ipieca’s Climate Change Manager Amy Collins explains Ipieca’s unique role in supporting the sustainable scale up of renewable energy.
