Engagement with Stakeholders
Engagement Approach
Key Engagement in FY2024
Expectations/Requirements from Stakeholders
Project Partners
Engagement Approach
- Regular meetings
- Regular communication
Key Engagement in FY2024
- Participation in operating committees, technical committees, and subcommittees for project decision making
- Discussions with operators for cost reduction
- Prevention of major incidents
- Conducting human rights surveys
Expectations/Requirements from Stakeholders
- Compliance with laws and prevention of bribery and corruption
- Management of business activity risks
- Respect for human rights
Contractors and Suppliers
Engagement Approach
- Tender and prequalification briefings
- Supplier self-assessment surveys
- Regular meetings
- HSE audits
- CSR audits
- Supplier Forum
Key Engagement in FY2024
- Provision of fair, equitable, and transparent participation opportunities for prospective suppliers
- Annual INPEX HSE Awards
- Strengthening of supply chain management (implementation of supplier self-assessment survey for major suppliers and contractors in Japan)
- Implementation of CSR audits to suppliers (including on-site inspections)
- Holding of Supplier Forum (explanation of Supplier Code of Conduct Guidelines, implementation of human rights training, etc.)
- Implementation of human rights surveys
Expectations/Requirements from Stakeholders
- Improvement of our risk management structure
- Compliance with laws and prevention of bribery and corruption
- Supply chain environmental and social due diligence
- Prevention of major incidents
- Securing of occupational health and safety
- Respect for human rights
Customers
Engagement Approach
- Establishment of designated contact points
- Provision of product information
- Identification of customer needs at service stations
Key Engagement in FY2024
- Provision of product safe handling information (SDS)
- Improvement of service station operations based on customer needs analysis
Expectations/Requirements from Stakeholders
- Compliance with laws and prevention of bribery and corruption
- Development and transition of clean energy
Shareholders and Investors
Engagement Approach
- General Meeting of Shareholders, financial result briefings (biannual, February and August), IR meetings (352 times a year, including 7 ESG discussions), briefings for individual investors, Investor Day
- Timely, appropriate, and fair information disclosure through the corporate website and content updates
Key Engagement in FY2024
- General Meeting of Shareholders, financial result briefings (biannual, February and August), IR Meetings (352 times a year, including 7 ESG discussions), briefings for individual investors, Investor Day
- Timely, appropriate, and fair information disclosure through the corporate website and content updates
Expectations/Requirements from Stakeholders
- Strengthening of our governance structure
- Strengthening of our risk management structure
- Strengthening of climate-related risk management
Local Communities and Indigenous Peoples
Engagement Approach
- Environmental and social impact assessment
- Community briefings
- Various pamphlets, mass media, social media, websites
- Social contribution activities
Key Engagement in FY2024
- Social contribution activities in response to local community needs (total expenditure: about 3.4 billion yen)
- Response to community feedback in Japan and overseas
- Activities in accordance with the Reconciliation Action Plan (RAP) with Aboriginal and Torres Strait Islander peoples in Australia
- Presentations and lessons for junior high school and technical college students in Japan
Expectations/Requirements from Stakeholders
- Respect for human rights
- Proper management of water and biodiversity conservation
- Implementation of assessments of impacts on local communities and indigenous peoples and measures to reduce impacts
- Contribution to local economies
NGOs/NPOs
Engagement Approach
- Information gathering to respond to global social issues
- Roundtable discussions
Key Engagement in FY2024
- Engagement with NGOs/NPOs
- Support for NGOs/NPOs through employee fundraising activities
- Collaboration with and support for NGOs/NPOs through our social contribution activities
Expectations/Requirements from Stakeholders
- Respect for human rights
- Contribution to local economies
- Development and transition of clean energy
- Strengthening of climate-related risk management
- Collaboration with NGO/NPO
Employees
Engagement Approach
- Meetings with managers
- Consultation between labor and management
- Various training and study abroad programs
- Internal magazines and newsletters
- Various recognitions/awards
Key Engagement in FY2024
- Communication from senior management via Message from the President & CEO
- Dialogue with management via Open Offices (President & CEO, Senior Executive Vice Presidents, Senior Vice Presidents)
- One-on-one meetings with supervisors
- Regular engagement with labor unions
- Various training programs (averaging 47.8 hours training/person)
- Timely update of internal online magazines (2 or 3 times/week)
- Publication of compliance newsletter (12 issues)
- Publication of information security newsletter (13 issues)
- INPEX HSE Awards, INPEX Paper Award
- Senior Vice President / General Manager Awards
Expectations/Requirements from Stakeholders
- Securing of occupational health and safety
- Human resource development and raising employee motivation
- Promotion of diversity
- Respect for human rights
Oil and Gas Producing Countries
Engagement Approach
- Communication at each project phase (tender, development plan approval process, development, production, decommissioning)
Key Engagement in FY2024
- Close communication with oil and gas producing countries aligned with project progress / management
- Prevention of corruption and improvement of transparency in oil and gas producing countries through support for EITI
Expectations/Requirements from Stakeholders
- Compliance with laws and prevention of bribery and corruption
- Prevention of major incidents
- Contribution to local economies
- Development and transition of clean energy