
The annual survey identifies trends in the sustainability reporting practices of Ipieca member companies. The results provide an overview of current practices, identify widely used performance indicators and emerging trends, allow companies to learn from their peers, and improve industry communication around sustainability issues.

Low-carbon products and solutions take centre-stage in the October round-up as we lead up to COP28 at the end of November. In addition to member initiatives, we share insights from ADIPEC and progress from the Oil and Gas Climate Initiative. We also highlight a new partnership for enhanced health from Eni, a partnership to commercialise OMV’s plastics circularity solution, and insights from the Ipieca Biodiversity and ecosystem services peer-to-peer workshop.

The new awareness briefing builds a shared understanding of carbon-compensated products, their role in supporting net-zero ambitions and the energy transition, and explores good practice in using them.

The three-day workshop, run by Ipieca, facilitated by UNEP-WCMC, and hosted by PETRONAS in Kuala Lumpur was followed by a field trip to a peat reserve to see biodiversity management and restoration practices in real life.