Metrics and Targets
Environmental Metrics and Targets
In December 2022, INPEX established and published its policies and commitments on biodiversity conservation, water management, and waste management – which are material global environmental issues – through a resolution of the Board of Directors. In 2024, to further observe and promote our commitments, we also formulated measurable quantitative targets across the INPEX Group, as detailed below, and stated them in INPEX Vision 2035, which was published in February 2025.
Quantitative targets for biodiversity conservation
- Achieve net-zero deforestation in operational organizations starting in 2025 or later
- Implement 100% of planned biodiversity conservation activities
Quantitative targets for water management
- Maintain zero freshwater withdrawal in high water stress1 areas
Quantitative targets for waste management
- Maintain a final landfill rate of 1% or less for drilling cuttings2
- Maintain recovery rate3 of 70% or more of waste generated by regular operations
In 2024, the implementation rate of biodiversity conservation activities was 90%, the freshwater withdrawal in high water stress areas was zero, the final landfill rate of drilling cuttings was 0%, and the recovery rate of waste generated by regular operations stood at 83%. Regarding water management and waste management, we successfully achieved the goals we had set.
Moving forward, we will continue to strengthen and sustain these efforts while striving for further improvements.
1A state of limited availability of freshwater as defined by the World Resources Institute.
2Except in cases when the energy consumption and such required for recycling are significantly higher compare to landfill disposal.
3The percentage of INPEX’s total generated waste that falls under the category of "Waste diverted from disposal" (Preparation for reuse; Recycling; Other recovery operations) in GRI 306.