Embed
Integrate ESG considerations into how projects are selected, appraised and delivered, and into how we procure, operate and manage risk.
Sustainability · ESG Strategy 2026–2030
Our approach to sustainability
UNOC's ESG Strategy 2026–2030 was approved in June 2026. The corporate strategy sets where UNOC is going. The ESG Strategy sets out how we get there responsibly, giving effect to our purpose, Creating Value for Generations, and to our vision of operating sustainably across the petroleum value chain by 2030.
ESG Strategy 2026–2030
What we have committed to
The Strategy commits UNOC to embedding environmental, social and governance considerations in our business processes, operations and projects, to measuring our performance against them, and to disclosing results that are traceable and verifiable.
Measure
Establish the data, baselines and systems that allow our ESG performance to be measured rather than described.
Disclose
Report that performance against recognised international frameworks, independently assured.
01 / Environmental stewardship
Progress must respect the environment.
Our approach considers the natural ecosystems, land and communities alongside which energy infrastructure operates.
Implementation roadmap
Turning strategy into practice
The Strategy is delivered in three phases. UNOC is in the first phase, where the tools, systems and baselines are put in place.
01
2026–2027
Prepare
Current phaseEstablish the tools, systems and baselines required to implement the ESG Strategy.
02
2027–2029
Accumulate Experience
The second approved implementation phase.
03
2029–2030
Towards ESG Excellence
The third approved implementation phase.
02 / Sustainability priorities
Protecting what matters. Planning for what comes next.
Identifying material ESG priorities helps focus attention, accountability and resources where they matter most.
Materiality assessment
What matters most
We identified the sustainability topics material to our business using GRI 11 – the Global Reporting Initiative’s standard for the oil and gas sector, and tested them through a materiality assessment with internal and external stakeholders.
Act Now
Manage and Monitor
Learn and Prepare
The grouping determines where our attention and resources go first, and it is reviewed when we repeat the materiality assessment every two years.
03 / Responsible development
Development and biodiversity must coexist.
Responsible operations call for thoughtful decisions about people, landscapes and the wildlife around our projects.
Organisation-wide responsibility
Governance and accountability
Under the ESG Strategy, UNOC extends its governance framework beyond traditional business controls, to embedding ESG considerations into policies, processes, decision making and accountability mechanisms across the organisation.
Transparent performance
How we report
Sustainability reporting at UNOC is structured around an integrated report that brings financial and non-financial performance together in a single account, prepared under GRI 11 and the IFRS Sustainability Disclosure Standards, IFRS S1 and S2, and subject to independent assurance.
2029
First integrated report due by 2029.