IPIECA Developing Update of IPIECA/API Oil and Gas Industry Guidance on Voluntary Sustainability Reporting
IPIECA is coordinating an update of the 2005 IPIECA/API Oil and Gas Industry Guidance on Sustainability Reporting to encourage more comparable reporting. The second edition will bring greater precision to indicator definitions and voluntary sustainability reporting protocols. This will facilitate benchmarking and promote performance improvements.
A panel of external expert stakeholders will provide detailed recommendations, and a broad group of public stakeholders will provide feedback. Input and feedback, including suggestions for potential improvement areas are needed on the existing 2005 Guidance to enhance development of the second edition. Please to access the relevant page on the IPIECA website. A second public comment period is scheduled for early 2010 when the first draft is available for review.
"Oil and Gas Industry Guidance on Voluntary Sustainability Reporting"
API is pleased to announce the availability of the recently approved Oil and Gas Industry Guidance on Voluntary Sustainability Reporting - Using Environmental, Health and Safety, Social and Economic Performance Indicators.
The Guidance is intended as a voluntary reference to assist oil and gas companies interested in reporting on their environmental, health and safety, social and economic performance. It creates a common framework for sustainability or non-financial reporting that enables interested audiences and company stakeholders to better understand performance of oil and gas companies that operate anywhere in the world.
Environmental Record of Performance - 2009
The oil and natural gas industry provides the fuels and products that support our nation’s economy and better its citizens’ quality of life. We help make factories and businesses run; we help move goods, people, and information; and we contribute to the creation of millions of jobs.
We also understand that the environment we share – the air we all breathe, the water we all drink and the land we all enjoy – is another important element of our quality of life. And through rigorous controls and technological innovations, we are taking better and better care of the natural environment. More...
The API Toxics Release Inventory Report
The (TRI) report addresses the estimated amount of toxic chemicals released to the environment or disposed on-site and/or transferred off-site in wastes by petroleum facilities, including but not limited to, petroleum refineries and bulk plants and terminals, as reported to the U.S. Environmental Protection Agency (EPA) by industry from 1988 to 2006. It is based on the EPA's annual Toxics Release Inventory (TRI), which was created by the 1986 Emergency Planning and Community Right-to-Know Act. The TRI Program was later expanded by the Pollution Prevention Act of 1990.
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