Oil Search’s Efforts Recognised Internationally
Post Courier Author
Oil Search’s efforts to contribute to sustainable development in Papua New Guinea has gained international recognition and endorsement by the United Nations Development Program(UNDP).
A case study on how the company is supporting female-led entrepreneurship in PNG is featured in a joint publication by the UNDP, International Finance Corporation (IFC) and the global oil and gas industry association for environmental and social issues (IPIECA), focused on mapping the oil and gas industry to the Sustainable Development Goals (SDGs).
Launched in New York recently, the report recognises the importance of the oil and gas industry to the global economy and the significant impact the industry can have on many national economies, including in developing and emerging countries.
It also acknowledges that the industry can be central to sustainable development, as oil and gas are key pillars in the local and global energy system and, as such, are drivers of economic and social development.
Oil Search was recognised as one company delivering on Goal Five of the SDGs, which focuses on gender equality and the end of all forms of discrimination and violence against women.
“Local communities, particularly women in local communities, near Oil Search’s project in Papua New Guinea needed additional sustainable livelihoods and means of financial freedom. “The company partnered with women in communities around its facilities to support them.