International Petroleum Corporation (IPC) released its 2021 Sustainability Report, detailing the progress made by the E&P company on ESG goals and strategies.
Assessing sustainability efforts across a wide-range of key initiatives, the report hones in on IPC’s approach to methane reduction. In particular, it showcases how Validere served as a key third party, using its Carbon Hub software to validate data on natural gas production measurements.
As outlined in the report:
“IPC’s Alberta natural gas production measurement was substantiated through data compilation conducted by Validere, an independent third party, via its Carbon Hub software. This confirmed that IPC’s gas production is:
- ~7x better than the North American average at limiting methane emissions per molecule produced
- ~25x better than the global average at limiting methane emissions per molecule produced”
Check out this section from IPC’s 2021 Sustainability Report to learn more.