INPEX Archives - SustainCase - Sustainability Magazine Insights on how you can protect the environment, maintain and increase the value of your company, through a structured CSR/Sustainability process with the use of the GRI Standards. Learn how Today's Best-Run Companies are achieving Economic, Social, and Environmental Success - and How You Can Too... Mon, 06 Mar 2023 10:03:54 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 Case study: How INPEX promotes sustainability among its suppliers https://sustaincase.com/case-study-how-inpex-promotes-sustainability-among-its-suppliers/ Wed, 13 Apr 2022 06:07:04 +0000 https://ccprowebs.com/new-sustaincase.com/?p=13483 INPEX is Japan’s largest oil and gas development company, engaged in exploration, development and production projects in approximately 20 countries around the globe. and requires its suppliers to comply with labour and environmental laws and regulations, prevent corruption, and respect the INPEX Group Human Rights Policy. This case study is based on the 2020 Sustainability Report by INPEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on […]

The post Case study: How INPEX promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]> INPEX is Japan’s largest oil and gas development company, engaged in exploration, development and production projects in approximately 20 countries around the globe. INPEX is committed to promoting sustainability across its supply chain  Tweet This! and requires its suppliers to comply with labour and environmental laws and regulations, prevent corruption, and respect the INPEX Group Human Rights Policy.

This case study is based on the 2020 Sustainability Report by INPEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

As a company that manages projects in almost 20 countries worldwide, INPEX recognises its important role for fair and impartial procurement and responsible supply chain management. In order to promote sustainability among its suppliers INPEX took action to:

  • implement risk assessments
  • engage suppliers

What are the material issues the company has identified? 

In its 2020 Sustainability Report INPEX identified a range of material issues, such as complying with laws, preventing bribery and corruption, respecting human rights, contributing to local economies, promoting diversity, securing occupational health and safety. Among these, promoting sustainability among its suppliers stands out as a key material issue for INPEX.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups INPEX engages with:

To identify and prioritise material topics INPEX engaged with its stakeholders through the following channels:

Stakeholder Group                Method of engagement
Project Partners

 

 ·      Regular meetings

·      Regular communication
Contractors ·      Indication of qualifications to prospective suppliers

·      Briefings on qualifications

·      Regular meetings

·      HSE Audits
Customers

 

 ·      Designated contact

·      Provision of product information

·      Identification of customer needs at service

·      stations
Shareholders and Investors

 

 ·      The General Meeting of Shareholders, briefings and exhibitions, IR meetings

·      Issuance of reports (securities report, annual report, presentation slides, etc.)
Local Communities ·      Environmental and social impact assessment

·      Community briefings

·      Various pamphlets

·      Social contribution activities
NGOs ·      Information gathering to solve global social issues

·      Round-table discussions
Employees

 

 ·      Face-to-face meetings with managers

·      Consultation between labour and management

·      Various training and study abroad programmes

·      Internal magazines
Oil and Gas Producing Countries ·      Communication at each project phase (tender, approval process of development plan; development and production; decommissioning)

What actions were taken by INPEX to promote sustainability among its suppliers?

In its 2020 Sustainability Report INPEX reports that it took the following actions for promoting sustainability among its suppliers:

  • Implementing risk assessments
  • From FY 2018, INPEX has been implementing supply chain risk assessments through a series of self-assessments for major suppliers. Survey questionnaires include whether they have established human rights policies and grievance mechanisms for human rights violations, the status of their regulations on preventing bribery and corruption, and the status of employee education and training in relation to human rights, and bribery and corruption. This assessment enables INPEX to monitor the compliance systems of its suppliers and identify risks. When bidding at overseas operator projects, INPEX conducts comprehensive assessments of suppliers’ compliance with local laws and regulations, the INPEX ABC (Anti-Bribery and Corruption) policy, and the INPEX Group Human Rights Policy. INPEX has also established prequalification criteria regarding HSE (health, safety and environmental) requirements and its relevant matters. For domestic projects, when bidding large-scale construction, INPEX also conducts a comprehensive assessment according to the INPEX ABC policy and HSE requirements, to ensure fair and impartial procurement.
  • Engaging suppliers
  • INPEX’s Domestic Exploration & Production Division is working to improve HSE through meetings of the HSE Committee, which is part of the INPEX-Supplier engineering forum, comprising INPEX and 16 of its major suppliers. Discussions include explanations and announcements, such as the INPEX HSE priority targets and activity programmes, information about incidents and near misses, and HSE information from Engineering Council member companies. In Australia, INPEX also provides fair opportunities to any suppliers, which includes regular meetings with major suppliers to review their performance on HSE, quality and service. INPEX also discusses related risks and their mitigation at the meetings.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 308-1 New suppliers that were screened using environmental criteria

2) Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken

3) Disclosure 414-1 New suppliers that were screened using social criteria

4) Disclosure 414-2 Negative social impacts in the supply chain and actions taken

 

Disclosure 308-1 New suppliers that were screened using environmental criteria does not correspond to any SDG.

Disclosure 308-2 Negative environmental impacts in the supply chain and actions taken does not correspond to any SDG.

Disclosure 414-1 New suppliers that were screened using social criteria corresponds to:

Disclosure 414-2 Negative social impacts in the supply chain and actions taken corresponds to:

 

 78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by INPEX, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to INPEX: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How INPEX promotes sustainability among its suppliers appeared first on SustainCase - Sustainability Magazine.

]]> Case study: How INPEX promotes sustainable water use https://sustaincase.com/case-study-how-inpex-promotes-sustainable-water-use/ Fri, 16 Jul 2021 06:07:12 +0000 https://ccprowebs.com/new-sustaincase.com/?p=12745 INPEX is the largest oil and gas development company in Japan, engaged in exploration, development, and production projects in approximately 20 countries around the world. This case study is based on the 2020 Sustainability Report by INPEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing. Abstract INPEX has been involved in IPIECA’s (International Petroleum Industry […]

The post Case study: How INPEX promotes sustainable water use appeared first on SustainCase - Sustainability Magazine.

]]> INPEX is the largest oil and gas development company in Japan, engaged in exploration, development, and production projects in approximately 20 countries around the world. Recognising that water management is a key task for it, INPEX has been working to reduce influences on water resources.  Tweet This!

This case study is based on the 2020 Sustainability Report by INPEX published on the Global Reporting Initiative Sustainability Disclosure Database that can be found at this link. Through all case studies we aim to demonstrate what CSR/ ESG/ sustainability reporting done responsibly means. Essentially, it means: a) identifying a company’s most important impacts on the environment, economy and society, and b) measuring, managing and changing.

Abstract

INPEX has been involved in IPIECA’s (International Petroleum Industry Environmental Conservation Association) Water Working Group since FY 2015, to understand international trends in water management and good practices for the oil and gas industry. In order to promote sustainable water use INPEX took action to:

  • identify high water stress areas
  • promote the efficient use of water resources
  • develop water treatment technology

What are the material issues the company has identified?

In its 2020 Sustainability Report INPEX identified a range of material issues, such as complying with laws, preventing bribery and corruption, respecting human rights, securing occupational health and safety, strengthening climate-related risk management. Among these, promoting sustainable water use stands out as a key material issue for INPEX.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups INPEX engages with:

To identify and prioritise material topics INPEX engaged with its stakeholders through the following channels:

Stakeholder Group                Method of engagement
Project Partners

 

 ·      Regular meetings

·      Regular communication
Contractors ·      Indication of qualifications to prospective suppliers

·      Briefings on qualifications

·      Regular meetings

·      HSE Audits
Customers

 

 ·      Designated contact

·      Provision of product information

·      Identification of customer needs at service

·      stations
Shareholders and Investors

 

 ·      The General Meeting of Shareholders, briefings and exhibitions, IR meetings

·      Issuance of reports (securities report, annual report, presentation slides, etc.)
Local Communities ·      Environmental and social impact assessment

·      Community briefings

·      Various pamphlets

·      Social contribution activities
NGOs ·      Information gathering to solve global social issues

·      Round-table discussions
Employees

 

 ·      Face-to-face meetings with managers

·      Consultation between labour and management

·      Various training and study abroad programmes

·      Internal magazines
Oil and Gas Producing Countries ·      Communication at each project phase (tender, approval process of development plan; development and production; decommissioning)

What actions were taken by INPEX to promote sustainable water use?

In its 2020 Sustainability Report INPEX reports that it took the following actions for promoting sustainable water use:

  • Identifying high water stress areas
  • INPEX has checked to see whether its operational sites are included in a high water stress area using “AQUEDUCT,” a water risk mapping tool developed by World Resources Institute (WRI). The tool is used to assess and investigate water availability prior to the commencement of a project. As of December 31, 2019, there were no projects operating in high water stress areas.
  • Promoting the efficient use of water resources
  • The effective utilisation of water resources is one of INPEX’s corporate environmental targets. Based on this target, INPEX strives to use water resources efficiently in its domestic and overseas operational sites. INPEX’s domestic sites use tap water, industrial water and groundwater as coolants. Groundwater is also used as a coolant for power generation and for snow melting. INPEX has adopted a circulating system for cooling water and installed a sensor equipped with an automatic shutoff system for snow melting to reduce water consumption. For overseas projects, from FY 2019, INPEX started field surveys of water use at facilities within the LNG plant of the Ichthys LNG Project which started operation in FY 2018. To reduce water use at the plant, INPEX is looking into the feasibility of reusing water—such as wastewater from processing as well as wastewater and condensed steam from power generation facilities—taking into consideration cost effectiveness.
  • Developing water treatment technology
  • From FY 2015 to 2017, INPEX conducted a pilot project at its Sotoasahikawa plant in Akita Prefecture in collaboration with Chiyoda Corporation and METAWATER, under the support of JOGMEC (Japan Oil, Gas and Metals National Corporation) to test the ceramic membrane filtration of produced water. This technology is expected, once established, to further reduce the environmental negative impacts of produced water discharges. The joint studies have started to collaborate with JOGMEC since FY 2018 and the pilot test for commercial use of this technology has been currently ongoing. Together with achieving a total operation time of 10,000 hours by March 31, 2020, INPEX has constructed a produced water processing facility and continues to operate without accident and occupational injury during the entire operating period of approximately four and a half years.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 303-1 Interactions with water as a shared resource

Disclosure 303-1 Interactions with water as a shared resource corresponds to:

 

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

  • Exclusive FBRH template to begin reporting from day one
  • Identify your most important impacts on the Environment, Economy and People
  • Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
  • Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by INPEX, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to INPEX: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

The post Case study: How INPEX promotes sustainable water use appeared first on SustainCase - Sustainability Magazine.

]]>