Sustainability Report 2023

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Sustainability Report 2023

Our Policy

The support INPEX receives from local communities—underpinned by strong and trusted relationships—forms the basis of our social license to operate, and is therefore integral to the success of our business activities. Our engagement with local communities is guided by commitments within our Sustainability Principles. We are committed to engaging with, and fairly and proactively disclosing Company information to, a wide range of stakeholders, including the communities in which we operate. We seek to build and maintain relationships with our stakeholders through open and transparent engagement.

Our INPEX Group Business Principles and Code of Conduct outlines the expectations we have of our employees concerning human rights, including respecting the human rights of individuals in countries where we operate. The INPEX Group Human Rights Policy reflects the UN Guiding Principles on Business and Human Rights (UNGPs). It and further affirms our pledge to respect human rights and mitigate adverse human rights impacts in our operations and supply chain, including the rights of people in communities who may be affected by our business activities and the rights of indigenous peoples. In Australia, our commitment to working with Aboriginal and Torres Strait Islander communities is set out in outlined and implemented through our INPEX Australia Reconciliation Action Plan (2023–2025).

Both the INPEX Group Human Rights Policy and our Health, Safety and Environmental Policy 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 and integrate findings into our business plans. We also provide forums for ongoing community engagement as well as community inquiries and grievance management.

Our business success relies on access to strong local industries and skilled personnel. We are pleased to support the economic development of our host countries, regions, and communities by working closely with our stakeholders to support local employment and business opportunities, respectful of cultural diversity.

Regular meetings are held between teams supporting corporate social responsibility activities in Japan and at INPEX’s global offices. These meetings to provide updates on community engagement and contribution activities across these jurisdictions and also to discuss, share insights and develop plans of action in response to common and emerging environmental, social and governance issues.

Active Community Consultation

Community consultation is conducted for all of the 26 production assets and one development projects in which we have an interest as of the end of 2023. Of these, we are responsible for the conduct of community consultation activities for assets/projects in which we act as operator. We are currently operator of the following assets/projects:

Production assets

  • Ichthys LNG Project (Australia)
  • Naoetsu LNG Receiving Terminal (operating site) (Japan)
  • Minami Nagaoka Gas Field (Japan)
  • Naoetsu LNG Terminal and service station Naoetsu Oil terminal and service station(Japan)
  • INPEX Mega Solar Joetsu (Japan)

Development projects

  • Abadi LNG Project(Indonesia)