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.
The May edition showcases members accelerating action on a range of sustainability topics, including energy efficiency, net-zero emissions, biodiversity and land stewardship, and sustainability reporting. We also cover Ipieca’s membership of the ILO Global Business Network on Forced Labour and contribution to the first UNFCCC Global Stocktake. On the partners side, we share a new report by the Council for Inclusive Capitalism and the World Business Council for Sustainable Development on just transition strategies, as well as a progress update from the Oil & Gas Climate Initiative’s ‘Aiming for Zero’ methane emissions initiative.
Member sustainability articles
Chevron
Twenty years of sustainability reporting
Key takeaways from Chevron’s 20th sustainability report include finding lower carbon solutions, protecting the environment, empowering people, getting results responsibly and embracing technology. The report also includes a double-page feature on Chevron’s progress on the Ipieca-WBCSD SDG Roadmap impact opportunities.
Cenovus, ConocoPhillips, Suncor (Pathways Alliance)
Innovation and energy efficiency key to Pathways Alliance net-zero goals
‘Technology is the answer’, says President of the Pathways Alliance Kendall Dilling in this interview outlining how Canadian oil sands producers are utilising carbon capture storage, hydrogen, biofuels and electrification to achieve the goal of net-zero Scope 1 and 2 emissions from their operations by 2050.
ConocoPhillips
Cultivating conservation and collaboration at Quail Ranch LLC
Awarded by Texas Parks and Wildlife Department for exceptional land stewardship in 2022, ConocoPhillips’ conservation efforts at Quail Ranch demonstrate the company’s commitment to responsibly managing natural resources while facilitating the sustainable development of oil and gas resources, through intensive planning, restorative action and collaboration.
INPEX + Idemitsu Kosan
INPEX supply Japan’s first jet fuel achieving supply chain carbon neutrality
Along with Idemitsu and All Nippon Airways (ANA), INPEX undertook the carbon neutralization of jet fuel across ANA’s entire supply chain for select flights from 1 to 31 May 2023, as the G7 Hiroshima Summit took place in Japan.
Ipieca insights and partnerships
Ipieca + International Labour Organization Global Business Network on Forced Labour (ILO GBNFL)
Ipieca becomes a member of the ILO GBNFL
The GBNFL brings together the ILO with businesses of all sizes and sectors from around the globe to develop actionable resources and tools, and devise local solutions that help shape national frameworks to eradicate forced labour. The network’s activity focus areas enhance Ipieca's commitment to the UN Guiding Principles, and to promoting social performance and fair recruitment in the supply chain.
Ipieca + UN Framework Convention on Climate Change (UNFCCC)
Ipieca contributes to first UNFCCC Global Stocktake
Ipieca has submitted input to the UNFCCC’s first ever Global Stocktake of the implementation of the Paris Agreement. The aim of the Global Stocktake is to assess the world’s collective progress towards meeting the Paris Agreement.
Council for Inclusive Capitalism + World Business Council for Sustainable Development (WBCSD)
New report shares insights and case studies to support a just energy transition
The Council for Inclusive Capitalism and WBCSD have released a compilation of insights and case studies to support energy companies in their efforts to advance a just transition to a net-zero carbon energy system.
Oil & Gas Climate Initiative (OGCI)
Support for Aiming for Zero grows in Q1
OGCI has published its Q1 2023 update on its ‘Aiming for Zero’ methane emissions initiative, covering the latest signatories, supporters and endorsements of the initiative, and the impact that reducing methane emissions from oil and gas operations to near zero can achieve.
Related Ipieca resources and news
Found these articles interesting? Learn more about the topics covered through Ipieca’s free good practice guidance, awareness briefings, webinars, news and blogs:
