The theme of the 2020 Annual Review is ‘Contributing to the energy transition in the context of sustainable development’. It reflects how IPIECA is uniquely positioned to make a positive contribution to the energy transition by providing leadership for the oil and gas industry across four interconnected areas: climate, nature, people and sustainability.
Throughout 2020, IPIECA carried out a strategic review, involving member consultation and feedback from key external stakeholders, to develop IPIECA’s 2021–2024 strategy. The key strategic aims were to determine IPIECA’s role in the energy transition and sustainability agenda while continuing to advance the environmental and social performance of the industry.
During a challenging year for all, IPIECA continued to convene the oil and gas industry and key external stakeholders around a wide range of interdependent sustainability issues, adapting to the difficulties presented by the global COVID-19 pandemic, producing over 30 good practice guides, nearly 40 webinars and participating in 28 external events - including 8 UN conferences - representing the industry and sharing our resources widely.