Calendar16 February 2023

Following changes in the external landscape around protected areas reporting, the ENV-4 indicator of the Ipieca-API-IOGP Sustainability reporting guidance for the oil and gas industry has been updated.

ENV-4 (Module 4, pg.4.15-4.16) provides information on the location and scale (acreage and percentage) of major projects and operations that are in or near designated protected areas and other priority sites for biodiversity conservation.

A key feature of the update is to bring clarity to some of the definitions and reporting elements regarding proximity to protected areas.

Ipieca continues monitoring the new and emerging reporting frameworks, standards and legislations – such as ISSB, TNFD, EFRAG, GRI and the GHG Protocol to provide industry feedback while the standards are being developed. This helps us understand where more guidance would be valuable for our industry.

Download the updated module


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