1、WHO WE AREPEOPLEENVIRONMENTETHICS&GOVERNANCEAPPENDIXAbout IPCAbout our ESG reportingOur approach to sustainabilityHealth&safetyEmploymentCommunitiesGHG emissions&climate strategyLand&biodiversityWater&waste managementCorporate governanceRevenue&tax transparencyAnti-corruptionHuman rightsSustainabili
2、ty data GRI index Abbreviations.2.4.6.9.12.14.17.22.24.27.28.29.30.32.35.4228162632Contents2020 was certainly the year when we were all called upon to rise up and face the unprecedented challenges to our industry and society as a whole.The COVID-19 pandemic resulted in personal,family and community
3、distress related to health impacts,as well as restrictions on personal freedom imposed to contain the spread of the virus.It fuelled an economic recession that impacted individuals and businesses.This led to a collapse in oil demand and profound oil price weakness affecting our sector considerably.I
4、PC responded quickly at the outset of the crisis by establishing multiple safeguards to protect workforce health,curtailing global production,managing capital to preserve financial strength and maintaining our focus on safe and responsible operations.In parallel with urgently addressing these challe
5、nges,stakeholder expectations to deliver both strong financial returns and sustainability performance continued to rise in 2020.These expectations along with our own commitments frame our mandate of sustainably meeting societys demand for reliable and affordable energy by investing in high quality r
6、esources,maximising financial flexibility and demonstrating strong ESG stewardship.Our resilience in the face of these unprecedented circumstances has demonstrated that we are well on the path to developing a sustainable business that contributes positively to the well-being of our employees and com