Sustainability Report 2023

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Sustainability Report 2023

SASB Standards Reference Tables

SASB Standards Reference Tables

Greenhouse gas emissions

SASB code Topic Links

EM-EP-110a.1

Gross global Scope 1 emissions

ESG Performance Data>Environment>Climate Change
<Target Management>

Scope 1, percentage of methane

ESG Performance Data>Environment>Climate Change
<Target Management>

Scope 1, percentage covered under emissions-limiting regulations

0%

EM-EP-110a.2

Amount of gross global Scope 1 emissions from flared hydrocarbons

ESG Performance Data>Environment>HSE
<Environmental Data>

Amount of gross global Scope 1 emissions from other combustion.

ESG Performance Data>Environment>HSE
<Environmental Data>

Amount of gross global Scope 1 emissions from process emissions.

ESG Performance Data>Environment>HSE
<Environmental Data>

Amount of gross global Scope 1 emissions from other vented emissions.

ESG Performance Data>Environment>HSE
<Environmental Data>

Amount of gross global Scope 1 emissions from fugitive emissions.

ESG Performance Data>Environment>HSE
<Environmental Data>

EM-EP-110a.3

Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets

Climate Change>Ongoing Initiatives to Address TCFD Recommendations

Air Quality

SASB code Topic Links

EM-EP-120a.1

Air emissions of the following pollutants: NOX (excluding N2O).

ESG Performance Data>Environment>HSE
<Environmental Data>

Air emissions of the following pollutants: SOX

ESG Performance Data>Environment>HSE
<Environmental Data>

Air emissions of the following pollutants: volatile organic compounds (VOCs).

ESG Performance Data>Environment>HSE
<Environmental Data>

Air emissions of the following pollutants: particulate matter (PM10).

We do not report this metric.

Water Management

SASB code Topic Links

EM-EP-140a.1

Total fresh water withdrawn.

ESG Performance Data>Environment>HSE
<Environmental Data>

Percentage of fresh water withdrawn in regions with High or Extremely High Baseline Water Stress.

0%

HSE>Environmental Management>Water Resource Management

Total fresh water consumed.

ESG Performance Data>Environment>HSE
<Environmental Data>

Percentage of fresh water consumed in regions with High or Extremely High Baseline Water Stress.

0%

HSE>Environmental Management>Water Resource Management

EM-EP-140a.2

Volume of produced water and flowback generated

ESG Performance Data>Environment>HSE
<Environmental Data>

Percentage discharged

72%

ESG Performance Data>Environment>HSE
<Environmental Data>

Percentage injected

28%

ESG Performance Data>Environment>HSE
<Environmental Data>

Percentage recycled

0%

Hydrocarbon content in discharged water

We do not report this metric.

EM-EP-140a.3

Percentage of hydraulically fractured wells for which there is public disclosure of all fracturing fluid chemicals used

We do not report this metric.

EM-EP-140a.4

Percentage of hydraulic fracturing sites where ground or surface water quality deteriorated compared to a baseline

We do not report this metric.

Biodiversity Impacts

SASB code Topic Links

EM-EP-160a.1

Description of environmental management policies and practices for active sites

HSE>Environmental Management

EM-EP-160a.2

Number of hydrocarbon spills

ESG Performance Data>Environment>HSE
<Environmental Data>

Aggregate volume of hydrocarbon spills

ESG Performance Data>Environment>HSE
<Environmental Data>

Spills: volume in Arctic

No Arctic operation.

Spills: Volume impacting shorelines with ESI rankings 8-10

No applicable spills in 2023.

Spills: Volume recovered

0.00 bbl

EM-EP-160a.3

Percentage of proved reserves in or near sites with protected conservation status or endangered species habitat

HSE>Environmental Management

0%

Percentage of probable reserves in or near sites with protected conservation status or endangered species habitat

HSE>Environmental Management

0%

Security, Human Rights & Rights of Indigenous Peoples

SASB code Topic Links

EM-EP-210a.1

Percentage of proved reserves in or near areas of conflict

We do not report this metric.

Percentage of probable reserves in or near areas of conflict

We do not report this metric.

EM-EP-210a.2

Percentage of proved reserves in or near indigenous land

We do not report this metric.

Percentage of probable reserves in or near indigenous land

We do not report this metric.

EM-EP-210a.3

Discussion of engagement processes and due diligence practices with respect to human rights, indigenous rights, and operation in areas of conflict

The INPEX Group Human Rights Policy further outlines our pledge to recognize and respect the rights of people in communities who may be affected by our business activities, including the rights of indigenous peoples. In this policy, we also committed to conduct our security activities as recommended in the Voluntary Principles on Security and Human Rights.
Our Human Rights and Health, Safety & Environment policies include commitments to avoid or minimize any adverse impacts of our business activities on the communities in which we operate. We conduct impact assessments as part of the development of our business activities and implement a variety of control measures during their conduct. We engage with stakeholders as part of these assessments - with findings integrated into our business plans - and provide forums for ongoing community engagement, community inquiries and grievance management.

Compliance>Respect for Human Rights

Local communities>Our Policy

Community Relations

SASB code Topic Links

EM-EP-210b.1

Discussion of process to manage risks and opportunities associated with community rights and interests

Local communities>Our Policy

EM-EP-210b.2

Number and duration of non-technical delays

We do not report this metric.

Workforce Health & Safety

SASB code Topic Links

EM-EP-320a.1

Total recordable incident rate (TRIR)

ESG Performance Data>Social>HSE
<Health & Safety>

Fatality rate

ESG Performance Data>Social>HSE
<Health & Safety>

Near miss frequency rate (NMFR)

We do not report this metric.

Average hours of health, safety, and emergency response training for full-time employees

We do not report this metric.

Average hours of health, safety, and emergency response training for contract employees

We do not report this metric.

Average hours of health, safety, and emergency response training for short-service employees

We do not report this metric.

EM-EP-320a.2

Discussion of management systems used to integrate a culture of safety throughout the exploration and production lifecycle

HSE>Our Policy

HSE>Process Safety Management

HSE>Security and Crisis Management

HSE>Promotion of Health and Productivity Management

Reserves Valuation & Capital Expenditures

SASB code Topic Links

EM-EP-420a.1

Sensitivity of hydrocarbon reserve levels to future price projection scenarios that account for a price on carbon emissions

Climate Change>Ongoing Initiatives to Address TCFD Recommendations

EM-EP-420a.2

Estimated carbon dioxide emissions embedded in proved hydrocarbon reserves

We do not report this metric.

EM-EP-420a.3

Amount invested in renewable energy

ESG Performance Data>Environment>Renewable Energy

Revenue generated by renewable energy sales

We do not report this metric.

EM-EP-420a.4

Discussion of how price and demand for hydrocarbons and/or climate regulation influence the capital expenditure strategy for exploration, acquisition, and development of assets

We do not report this metric.

Business Ethics & Transparency

SASB code Topic Links

EM-EP-510a.1

Percentage of proved reserves in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index

We do not report this metric.

Percentage of probable reserves in countries that have the 20 lowest rankings in Transparency International’s Corruption Perception Index

We do not report this metric.

EM-EP-510a.2

Description of the management system for prevention of corruption and bribery throughout the value chain

Compliance>Initiatives towards Promoting Compliance

Management of the Legal & Regulatory Environment

SASB code Topic Links

EM-EP-530a.1

Discussion of corporate positions related to government regulations and/or policy proposals that address environmental and social factors affecting the industry

Governance>Risk Management

Climate Change>Ongoing Initiatives to Address TCFD Recommendations

Critical Incident Risk Management

SASB code Topic Links

EM-EP-540a.1

Process Safety Event (PSE) rates for Loss of Primary Containment (LOPC) of greater consequence (Tier 1)

HSE>HSE Management System (HSEMS)

HSE>Process Safety Management

EM-EP-540a.2

Description of management systems used to identify and mitigate catastrophic and tail-end risks

Governance>Risk Management

Compliance>Supply Chain Management

Compliance>Respect for Human Rights

HSE>HSE Management System (HSEMS)

HSE>Process Safety Management

HSE>Security and Crisis Management

Local Communities>Our Policy

Climate Change>Ongoing Initiatives to Address TCFD Recommendations

Activity Metrics

SASB code Topic Links

EM-EP-000.A

Production of oil

Integrated Report 2023: Oil and Gas Reserves and Production Volume (p. 98)

Production of natural gas

Integrated Report 2023: Oil and Gas Reserves and Production Volume (p. 98)

Production of synthetic oil

We do not report this metric.

Production of synthetic gas

We do not report this metric.

EM-EP-000.B

Number of offshore sites

We do not report this metric.

EM-EP-000.C

Number of terrestrial sites

We do not report this metric.