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.
Matthew Juul is the Senior Content Marketer for Validere. Prior to Validere, he previously worked in marketing for companies in the e-commerce and private aviation industries.