Ipieca Reports Progress on Sustainable Development Goals

The second annual progress report showcases how the SDG Roadmap is being implemented by Ipieca and its member companies.

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Source: Ipieca

Two years on from the launch of the Ipieca-WBCSD SDG Roadmap for the Oil and Gas Sector, Ipieca, the global oil and gas association for advancing environmental and social performance across the energy transition, has produced its second progress report, showcasing how the sector is implementing the roadmap and accelerating action toward the 2023 Agenda for Sustainable Development.

Building on the first progress report, released in 2022, this report provides a selection of case studies from member companies, as well as an update on Ipieca’s actions, to demonstrate progress toward the UN’s Sustainable Development Goals (SDGs) and assess where gaps are.

The report breaks down progress made by Ipieca and its member companies by climate, nature, and people, including high-level membership statistics and case studies from Ipieca member companies and highlights of Ipieca actions since the launch of the roadmap in 2021.

“It is encouraging to see the success of Ipieca and its members in implementing the SDG Roadmap in such a range of approaches and geographies,” said Mar Granados Calatrava, Repsol sustainability strategy and coordination manager and Ipieca SDG Task Force Executive Committee champion. “There is still work ahead of us as an industry in achieving the SDGs and partnerships and collaboration remain the biggest tools at our disposal.’

The UN SDGs provide a global framework to achieve a more sustainable future by 2030. Adopted by all 193 UN member states in 2015, the SDGs present the private sector with the challenge to progress these shared global goals. The launch of the SDGs positioned the provision of energy as a key element for achieving the 2030 Agenda for Sustainable Development.

The roadmap was created with the World Business Council for Sustainable Development (WBCSD), a CEO-led group of more tthan 200 businesses working to accelerate the system transformations needed to reach net zero.

“WBCSD welcomes this latest progress report and the transparency and accountability it demonstrates regarding the efforts of Ipieca and its members to realize the oil and gas sectors’ potential to contribute to the SDG agenda,” said Dominic Waughray, executive vice president for WBCSD. “The report underlines important progress that is being made but also serves as a timely reminder of the areas where we need to step up our efforts moving forward.”

Find the progress report here.

Find the roadmap here.