InternationalPetroleumCorp_international-petroleum-corp_2023.pdf

1、SustainabilityReport2023Our climate strategy is on track to achieve a net emissions intensity reduction of 50%by the end of 2025 relative to our 2019 baseline,with an extended target to maintain the reduced levels to 2028.To support environmental preservation,we have extended our commitment to coral

2、 reef conservation and are proud of our university partnerships in Malaysia.Sustainable business practices and enhancing our environmental,social,and governance(ESG)management and reporting are of paramount importance to IPC.In recognition of our efforts,IPC ranks within the top 11%among industry pe

3、ers in the S&P Global Corporate Sustainability Assessment.For 2024,we continue to advance our Sustainability Strategy,striving for continuous improvement and operational excellence.I am confident that we are well-positioned for this new phase of growth,creating significant value for our business,sha

4、reholders,employees,and local communities.Sincerely,William LundinPresident and CEOInternational Petroleum Corp.(IPC)is pleased to share our 2023 annual Sustainability Report,highlighting the responsible business practice undertaken by the company.We remain committed to upholding a high standard of

5、environmental,social and governance(ESG)principles and focus on continuous improvement as we move forward with our sustainability strategy.Our reporting is aligned to internationally recognized sustainability frameworks including the Global Reporting Initiative(GRI),the Task Force on Climate-related

6、 Financial Disclosures(TCFD),and comply with reporting requirements including the Extractive Sector Transparency Measures Act(ESTMA)and the new Canadian modern slavery act.Additionally,we remain committed participants in the UN Global Compact,supporting its ten principles and the UN Sustainable Deve