Ipieca Principles

'The Ipieca Principles demonstrate Ipieca’s commitment to working with members and stakeholders to lead the industry through a sustainable energy transition. By setting expectations for members’ management approach in the areas of climate, nature, people and sustainability, and providing tangible actions to achieve them, Ipieca is inspiring action on our vision to advance the industry’s environmental and social performance and contribution to the energy transition in the context of sustainable development.'

Morten Mikkelsen - Sustainability Special Advisor, Equinor and Ipieca Chair

'I am very pleased to see Ipieca is ‘raising the bar’ for membership, as they have an important role to play in influencing the sector in addressing climate change and biodiversity impacts, while continuing to encourage the transition to a low carbon energy model.'

Steve Edwards - Senior Project Manager, IUCN Global Business and Biodiversity Programme

‘The development of the Ipieca Principles marks one of the most important milestones in the organization’s history. Since its creation in 1974 as an industry-led coalition focused on spreading responsible environmental management practices, Ipieca has continued to adapt to changing global trends, stakeholder expectations and lessons learned among its member companies. The Ipieca Principles provide a higher bar for accountability and essential guidance for the next stage in this journey.

Based on widespread consultation with member companies and external stakeholders, benchmarking with other industry-led coalitions and alignment with key United Nations global agreements and frameworks, the principles set clear expectations for Ipieca membership and a roadmap for leadership in climate action, environmental responsibility, human rights and social performance, and sustainability. The challenge now is to deliver. Their credible and transparent implementation will be crucial to building trust and advancing industry performance across the energy transition.’

Jane Nelson - Director of the Corporate Responsibility Initiative, Harvard Kennedy School

‘Industry associations have an indispensable role to play as platforms for collective action, by setting clear performance expectations for their members regarding the most pressing societal challenges of our time—such as climate change and respect for human rights. Effective and transparent implementation of the Ipieca Principles by Ipieca members will be key to making indispensable change happen.’

Dante Pesce - Former UN Working Group on Business and Human Rights member, at the Catholic University of Valparaíso, Chile

‘The world is trying to navigate a complex energy transition, a transition we have no choice but to accelerate if we’re to forestall the worst effects of climate change.  I’m delighted that as a condition of Ipieca membership, companies agree to actively support the Paris Agreement and its aims by improving their individual performance, innovating, and adopting low-carbon products and solutions.’

Mark Radka - Chief of the Energy and Climate Branch, United Nations Environment Programme

‘Ipieca’s principles for climate, nature, people and sustainability are very important to demonstrate that all Ipieca members have a common understanding of how to tackle the challenges of a sustainable energy transition. As a member of Ipieca, Wintershall Dea fully supports the Ipieca vision to improve performance and contribute to the energy transition in the context of sustainable development.’

Nadja Brauhardt - Vice President Sustainability, Wintershall Dea and Ipieca Executive Committee member

'The Ipieca Principles are an important landmark for Schlumberger and the energy industry as we accelerate action to drive sustainability impacts and meaningfully contribute to both the UN Sustainable Development Goals and the Paris Agreement. Respecting and operationalizing the Ipieca Principles is one way we bring our corporate purpose to life, creating amazing technology that unlocks access to energy for the benefit of all.’

Mikki Corcoran - Vice President Sustainability, Schlumberger and Ipieca Executive Committee member

‘Principles are the foundation for leadership, organizations, and communities. Oxy endorses Ipieca’s principles for climate, nature, people and sustainability—core tenets we honor in advancing innovative solutions to help meet global needs.’

Vicki Hollub - President and CEO, Oxy

‘Congratulations to Ipieca on establishing membership principles. The principles help Ipieca continue to set expectations for membership and drive its shared vision and strategy.’

Paul Krishna - Sustainability Manager, ExxonMobil and Ipieca Vice Chair