27.04.2020
IOGP input to the Impact Inception Assessment on the Revision of the NFRD
This document provides IOGP’s initial feedback to the Impact Inception Assessment on the revision of the Non-Financial Reporting Directive (NFRD).
Our industry supports meaningful corporate reporting policies relating to disclosure of non-financial information pertaining to sustainability issues. IOGP is convinced that effective non-financial reporting is in the interest of the industry’s shareholders as much as in the interest of society.
Key Points
This document lays out the following recommendations:
- Disclosures should focus on ‘material’ and relevant information, in order to enable socially responsible investment analysis and sustainable investment decisions
- A flexible approach is needed
- A reporting framework should enable companies to improve their reports and ultimately their performance
- Publications
- News
- Events
15.02.2024
Consultation Response
EU Taxonomy Stakeholder Request Mechanism
The Stakeholder Request Mechanism is the tool launched by the Platform on Sustainable Finance (PSF) to overall improve the usability of the Taxonomy Regulation.
IOGP Europe provided its feedback to...
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13.02.2024
Consultation Response
IOGP Europe response to the ECHA consultation on Universal PFAS restriction proposal
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05.02.2024
Consultation Response
IOGP consultation response to draft EFRAG Value Chain Implementation Guidance (VCIG)
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12.12.2023
Consultation Response
IOGP consultation response: Rationalisation of reporting requirements
IOGP Europe supports the European Commission’s consultation aimed at identifying and streamlining reporting requirements in numerous EU legislations. This is in line with what was announced in the s...
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13.06.2023
Position Paper
Joint industry statement on the EU Taxonomy
The EU Taxonomy needs simpler rules to foster low-carbon investments and reflect sustainability efforts.
(Brussels, 7 June 2023) The design of the EU Taxonomy framework makes it challenging for oil a...
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26.05.2023
Position Paper
IOGP Europe views on the EU corporate sustainability reporting framework
Ths document outlines IOGP Europe's views on the EU corporate sustainability reporting framework.
IOGP Europe acknowledges the growing needs and expectations of stakeholders for more transparency a...
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15.05.2023
Consultation Response
IOGP input on the EU Commission’s public consultation on the EU Taxonomy Delegated Acts
This document provides IOGP’s input to the EU Commission’s public consultation on the so-called ‘Taxonomy Package’ including:
Delegated Act on 4 environmental objectives (Taxo4);
A rev...
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10.02.2023
Position Paper
IOGP position on capital requirements
This document provides IOGP's position on capital requirements. This paper was drafted in response to the revision of the Capital Requirements Regulation (CRR), part of the review of EU banking rules...
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03.06.2022
Position Paper
IOGP position on the Corporate Sustainability Due Diligence Directive (CSDDD)
This document provides IOGP's position on the Corporate Sustainability Due Diligence Directive (CSDDD).
The paper includes IOGP's main concerns and recommendations on how to establish a corporate d...
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12.10.2021
Consultation Response
IOGP feedback on the Platform on Sustainable Finance’s draft report on preliminary recommendations for technical screening criteria for the EU taxonomy
September 2021
This document provides IOGP’s feedback to the draft report on preliminary recommendations for technical screening criteria for the EU taxonomy, by the Platform...
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26.08.2021
Consultation Response
IOGP feedback on the Platform on Sustainable Finance’s draft report on social taxonomy
This document provides IOGP’s feedback to the first draft report on a proposal for a social taxonomy, published by the Platform on Sustainable Finance.
The Platform brings together experti...
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26.08.2021
Consultation Response
IOGP feedback on the Platform on Sustainable Finance’s draft proposal for an extended taxonomy to support economic transition
This document provides IOGP’s feedback to the first draft proposal for an extended taxonomy to support economic transition, published by the Platform on Sustainable Finance.
The Platform br...
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19.06.2021
Consultation Response
IOGP position on the European Commission proposal on the update of the Corporate Sustainability Reporting Directive
This document provides IOGP’s recommendations in view of the Commission proposal on the update of the Corporate Sustainability Reporting Directive (CSRD).
Context
IOGP acknowle...
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03.06.2021
Position Paper
FuelsEurope and IOGP position on the Draft Delegated Regulation on taxonomy related disclosures by undertakings reporting non-financial information
FuelsEurope and IOGP appreciate the EU’s efforts to establish a sustainable finance framework that mobilises private funds to reduce greenhouse gas emissions and environmental impacts. Corpora...
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15.02.2021
Consultation Response
Response to consultation on proposal for an Initiative on Sustainable Corporate Governance
This document provides IOGP’s response to the EU public consultation (questionnaire) on the proposal for an Initiative on Sustainable Corporate Governance.
Context
This public cons...
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18.12.2020
Consultation Response
Response form for the Consultation Paper on the Draft advice to European Commission under Article 8 of the Taxonomy Regulation
This document provides IOGP’s response to the Consultation Paper on the Draft advice to European Commission under Article 8 of the Taxonomy Regulation.
Context
IOGP recognises and...
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17.12.2020
Consultation Response
IOGP response to the Inception Impact Assessment on the revision of the Guidelines on State aid for environmental protection and energy (EEAG) 2014-2020
This document provides IOGP’s response to the Inception Impact Assessment (IIA) on the revision of the Guidelines on State aid for environmental protection and energy (EEAG) 2014-2020.
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16.12.2020
Consultation Response
IOGP input to the Commission’s Delegated Regulation establishing the technical screening criteria for economic activities contributing substantially to climate change mitigation or climate change adaptation
This document provides IOGP’s input and recommendations to the development of the upcoming first Delegated Regulation on climate change mitigation and adaptation.
Key Points
...
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20.10.2020
Consultation Response
IOGP written input to the public consultation on the revision of the Energy Taxation Directive (ETD)
This document provides IOGP’s written input to the Commission’s consultation on the revision of the
Energy Taxation Directive (ETD).
The ETD should be an instrument that incentivises the...
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19.10.2020
Consultation Response
IOGP contribution to the public consultation on Commission Decision setting the fees due to ACER for tasks under REMIT
This document provides IOGP’s contribution to the public consultation on the proposed Commission Decision to introduce fees to ACER for REMIT activities.
Overview
The document prov...
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10.09.2020
Consultation Response
IOGP input to the IIA on the EC’s Delegated Regulation on taxonomy-related disclosures by undertakings reporting non-financial information
This document provides IOGP’s input to the Impact Inception Assessment on the European Commission’s Delegated Regulation on taxonomy-related disclosures by undertakings reporting non-financi...
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04.09.2020
Consultation Response
IOGP response to the consultation on ESG disclosures under Regulation (EU) 2019/2088
This document provides IOGP’s response to the consultation paper laying out the proposed Regulatory Technical Standards (RTS) on content, methodologies and presentation of disclosures under th...
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24.07.2020
Consultation Response
IOGP response to supplementary questions on the EIB Group’s Climate Bank Roadmap 2021-2025
This document provides IOGP’s response to the Stakeholder engagement on the EIB Group’s Climate Bank Roadmap 2021-2025.
IOGP recommends the EIB Group to set the financial support framewor...
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23.07.2020
Consultation Response
IOGP response to consultation on the renewed Sustainable Finance strategy
This document provides IOGP’s response to the consultation on the renewed Sustainable Finance strategy.
The response to the consultation is sent through an online questionna...
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12.06.2020
Consultation Response
IOGP response to the public consultation on the revision of the NFRD
This document provides IOGP’s contribution to the public consultation on the revision of the Non-Financial Reporting Directive (NFRD).
The response to the consultation is sent through an on...
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12.06.2020
Report & Study
Sustainability reporting guidance for the oil and gas industry
This Sustainability reporting guidance for the oil and gas industry is a key tool to help companies shape the structure and content of their sustainability reporting.
Member companies of IPIE...
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08.05.2020
Consultation Response
IOGP response to the EIB Group’s Climate Bank Roadmap 2021-2025
This document provides IOGP’s response to the EIB Group’s Climate Bank Roadmap 2021-2025.
IOGP recommends the EIB Group to set the financial support framework for innovative projects (inc...
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06.05.2020
Consultation Response
IOGP Initial Feedback to the Taxonomy: Final report of the Technical Expert Group on Sustainable Finance
This document provides IOGP’s initial feedback to the Taxonomy, “Final report of the Technical Expert Group on Sustainable Finance”.
Key Points
The EU Taxonomy should...
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28.04.2020
Consultation Response
Response to the inception impact assessment “Commission Delegated Regulation on a climate change mitigation and adaptation taxonomy”
This document lays out FuelsEurope and IOGP’s response to the inception impact assessment “Commission Delegated Regulation on a climate change mitigation and adaptation taxonomy”.
IOGP...
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16.09.2019
Consultation Response
Call for feedback on TEG report on EU Taxonomy
In March 2018, the European Commission published its action plan on financing sustainable growth, followed in May 2018 by a proposal for a regulation on the establishment of a framework to facil...
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19.08.2018
Position Paper
IOGP response to the European Commission’s package on sustainable finance Call for a “Talanoa Platform” to guarantee a smart, inclusive and technology-neutral taxonomy
Views of the upstream oil and gas industry and recommendations on sustainable finance in the context of the 2018 discussions on the European Commission’s proposal for a Regulation on taxonomy....
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12.09.2024
News and Press Release
Draghi Report: a pragmatic pathway to Competitiveness, Sustainability, and Resilience
Brussels, 10 September 2024 – The International Association of Oil & Gas Producers, Europe (IOGP Europe) welcomes the Draghi Report for its comprehensive and pragmatic assessment of Europe’s e...
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06.09.2023
Letter to Officials
Letter: The EU’s Corporate Sustainability Due Diligence Directive (CSDDD) – IOGP Europe and FuelsEurope recommendations in view of the trialogue negotiations
6th of September 2023
To: Raúl Fuentes Milani, Spanish Presidency Ambassador
Lara Wolters, Rapporteur for the JURI Committee
Didier Reynders, Commissioner for Justice
Cc: Shadow Rapporteurs
Co...
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03.02.2022
Press Release
Inclusion of gas in the Taxonomy Regulation supports EU ambition to reach climate neutrality by 2050
By including gas in the EU Taxonomy Complementary Delegated Act, the Commission has underlined the importance of financing investments into gas-fired power and heat plants as a key tool in decarbonizi...
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19.10.2020
Letter to Officials
Letter: 57 industry leaders call for enhancing gas contribution to decarbonisation
For the attention of:
Commission President Ursula von der Leyen,
President of the European Council Charles Michel,
Presidency of the Council of the EU, Minister for Economic Affairs and Ene...
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20.07.2020
News
Sustainable Finance Webinars
IPIECA and IOGP organised a two-part webinar series on Sustainable Finance.
Changes to the energy system in line with the Paris Agreement, the drive toward a net-zero emissions future by 2050...
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27.05.2020
Press Release
IOGP Statement on the EU Recovery Plan
IOGP commends the European Commission for the timely delivery of the EU Recovery Plan.
Why Does it Matter?
Covid-19 has triggered unprecedented socio-economic effects, as well as...
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16.07.2020
Sustainable finance: non-financial disclosure for the oil and gas sector and EU taxonomy in practice
The part-two of this series of webinars updated participants on the recently adopted EU Taxonomy Regulation, which covers non-financial disclosures for large businesses, including oil and gas companie...
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