Ipieca convenes industry and stakeholders to identify, develop and promote good practices in operations, joint ventures and the supply chain, covering a full spectrum of environmental issues including biodiversity and ecosystem services, water management, nature positive, impact assessment, circular economy, and marine spill preparedness and response. Ipieca aims to facilitate good environmental practices and advance efficient use of natural resources across the energy transition as oil and gas remains an important part of the energy mix.
Ipieca advances industry’s ability to manage its impact on the natural environment through restorative approaches and support for a circular economy, by promoting good practice, engaging internationally, collaborating across sectors, and sharing efforts to protect and restore nature.
Environmental stewardship
Since 1974, Ipieca has convened industry and stakeholders to work on a broad range of environmental topics associated with oil and gas operations. This allows Ipieca members to identify and address environmental risks and impacts, facilitate the sustainable use of natural resources and promote environmental good practice throughout the supply chain and across the energy transition.
This report evaluates existing circular economy measurement frameworks and identifies how a combination of frameworks enables better measurement of circular economy by oil and gas companies.
This guidance clarifies currently used terminology in the water stewardship space and presents users with a streamlined water stewardship action scheme that synthesises water frameworks and disclosure standards for the energy sector.
As we transition to a more sustainable future, alternative fuels and their associated products are becoming more prevalent in production, manufacturing and use. Their safe handling and prevention of spills is a priority.
This document provides examples of how Ipieca companies are taking ambitious biodiversity actions which contribute towards the goals of the Global Biodiversity Framework.
Contributing to the Global Biodiversity Framework
The Global Biodiversity Framework (GBF), adopted by 196 Parties at the UN Convention on Biological Diversity (CBD) COP15 in 2022, represents the global biodiversity agenda for the next decade and the common ground across societal sectors to enact positive actions for halting and reversing nature degradation.
Increasing the circularity of production processes and products
Circular economy is a system solution framework that entails decoupling economic activity from the consumption of finite resources. Ipieca members work to increase the circularity of their production processes and products, producing the energy the world needs, while reducing impacts on natural resources and biodiversity, and cutting emissions.
Responsible water management across the value chain
Water quality and quantity is of global environmental concern, presenting risks and opportunities for the industry. The industry is committed to managing its consumption of water, working to protect the quality of water through project life cycles and contribute to SDG 5 – Clean water and sanitation.
Protecting and enhancing nature
Biodiversity is vital to ensuring healthy people and a healthy planet, providing the foundation for economic growth, human health and prosperity. Ipieca members are committed to supporting the aims of the UN Convention on Biological Diversity—which acts as an international framework of reference for biodiversity issues.
Ipieca-Energy Institute publish ‘Research report: Circular economy indicators, potential for use in the oil and gas industry’
This report evaluates existing circular economy measurement frameworks and identifies how a combination of frameworks enables better measurement of circular economy by O&G companies.
