Ipieca Oil and Gas Sector SDG Roadmap Summary Fin en

Accelerating action
An SDG Roadmap for the oil and gas sector
Summary
Purpose the sector, can work towards a low- impact opportunities involve scaling
emissions future while contributing up good practices in environmental
Accelerating action: An SDG
to a healthier and more prosperous and social performance and building
Roadmap for the oil and gas
world aligned with the 2030 Agenda on innovative partnerships, while
sector (Roadmap) is an initiative
for Sustainable Development. The recognising the importance of the
led by IPIECA, the global oil and
Roadmap builds on the foundations of energy transition in realising the
gas industry association for
the 2017 IPIECA-UNDP-IFC Mapping world’s ambition to achieve net-zero
advancing environmental and social
the oil and gas industry to the emissions under the Paris Agreement.
performance, in collaboration with
Sustainable Development Goals: An
the World Business Council for The Roadmap aligns the industry
Atlas (the Atlas), by presenting a series
Sustainable Development (WBCSD). around the SDGs, providing a platform
of impact opportunities which focus
The Roadmap identifies how IPIECA, on where the sector can maximise to foster collaboration throughout the
as an industry association, and oil its contributions to the Sustainable supply chain to accelerate SDG action,
and gas companies working within Development Goals (SDGs). These and amplify impact.
Impact opportunities
The Roadmap outlines eight impact opportunities which highlight where IPIECA and the sector can accelerate action and
drive impact on the priority SDGs that it identifies. These impact opportunities are grouped into three themes: climate,
nature and people. The Roadmap then identifies corresponding impact pathways to realise these opportunities, comprising
a series of specific short, medium and long-term potential actions for both IPIECA and individual companies. Applicability
of the suggested actions in the Roadmap to any particular company will be dependent on a range of variables such as
company size, business models, operating regions, public policies and other factors specific to the particular company.
POLICY AND PARTNERSHIPS Promote effective policies and

1 partnerships that support innovation and deployment of technologies and
CLIMATE activities needed to transform the energy system and build climate resilience
INNOVATION Invest in technology and innovation that will enable

2 low-carbon products and solutions
3 OPERATIONS Advance emissions reduction initiatives for own operations

in support of the aims of the Paris Agreement
SUSTAINABLE NATURE
DEVELOPMENT
RESOURCES MANAGEMENT Responsibly manage
4 resources to support a circular economy
BIODIVERSITY, LAND AND WATER STEWARDSHIP

5 Conserve, restore and promote biodiversity and ecosystems services
PEOPLE 6 GOVERNANCE AND TRANSPARENCY Support governments in

achieving the SDGs by aligning priorities and accelerating action
COMMUNITIES Foster individual and community prosperity around own

7 activities, including advancing sustainable development, livelihoods, good health
and well-being
THRIVING WORKFORCE Provide productive employment, championing

8 worker health, safety and well-being across the supply chain
Accelerating action An SDG Roadmap for the oil and gas sector
Summary
Priority SDGs
Although the oil and gas sector has the potential to advance all 17 goals
either directly or indirectly, this Roadmap identifies 10 SDGs as priority
areas where the sector has the most influence or ability to respond to
societal needs by driving innovation and impact in its own operations
and across the value chain. SDG 17 ‘Partnerships for the Goals’ was
identified as a cross-cutting Goal essential to all impact opportunities.
Implementation
IPIECA will ensure a broad roll-out of the Roadmap, which will be used in the following ways:
IPIECA new strategy Companies within the oil and Supply chain actors
and annual business gas sector may use the Roadmap and other stakeholders
planning activities will as inspiration for SDG-led strategies, can use the Roadmap to
embed key Roadmap activities and collaborations. Multi- understand possibilities for
actions and will stakeholder dialogue is required for collaboration to maximise
function as a vehicle the successful implementation of SDG impacts and strengthen
for delivery. this Roadmap, as many challenges dialogue with IPIECA and oil
addressed go beyond the capacity and gas companies.
of an individual company.
IPIECA will monitor emerging trends which may influence priorities outlined in the Roadmap. IPIECA will also share
informative case studies on its website to demonstrate and share information as to how IPIECA, its members and others are
using the Roadmap and contributing to the SDGs: www.ipieca.org.
IPIECA 2021–2024 strategy CLIMATE NATURE PEOPLE SUSTAINABILITY
Providing leadership for the global oil and

gas industry on advancing climate action,
environmental reponsibility, social performance
and mainstreaming sustainability
IPIECA launched a new four-year strategy WBCSD will continue to work

(2021–2024) in December 2020, that closely with IPIECA, promoting
includes a vision which combines this roadmap and supporting
advancing the oil and gas industry’s and challenging the organization
environmental and social performance and its members as they seek
with supporting the sector’s contribution to implement the key actions
to the energy transition in the context of it identifies across the themes
sustainable development. The strategy of climate, nature and people.
was developed in parallel with this Drawing from experience in
Roadmap and recognises the significance developing and implementing
of IPIECA’s members’ contribution to help roadmaps across a variety of other DOWNLOAD
meet the aims of the Paris Agreement sectors, WBCSD will also seek to
and the 2030 Agenda. IPIECA’s annual provide guidance to IPIECA and its
business planning activities will embed members on the most effective
key Roadmap actions and will function as ways to monitor, measure and
Download the Roadmap
a vehicle for delivery. report on progress. and Atlas at ipieca.org

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Accelerating action

An SDG Roadmap for the oil and gas sector

POLICY AND PARTNERSHIPS Promote effective policies and

INNOVATION Invest in technology and innovation that will enable

3 OPERATIONS Advance emissions reduction initiatives for own operations

BIODIVERSITY, LAND AND WATER STEWARDSHIP

PEOPLE 6 GOVERNANCE AND TRANSPARENCY Support governments in

COMMUNITIES Foster individual and community prosperity around own

THRIVING WORKFORCE Provide productive employment, championing

IPIECA 2021–2024 strategy CLIMATE NATURE PEOPLE SUSTAINABILITY

Providing leadership for the global oil and

IPIECA launched a new four-year strategy WBCSD will continue to work

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