Energy companies, conservation groups issue biodiversity recommendations for oil & gas d...( The Energy and Biodiversity Initiative ...)

The Energy and Biodiversity Initiative (EBI), a partnership of four energy companies and five conservation organizations, released its collaborative report, "Energy and Biodiversity: Integrating Biodiversity Conservation into Oil and Gas Development." This report contains recommendations and tools for integrating biodiversity conservation into oil and gas development, and is intended to be a practical manual for building biodiversity protection into the entire lifecycle of oil and gas operations, from exploration to decommissioning.

The report and supporting products, including guides, discussion papers and additional resources, address the following six questions:

1. What is the business case for integrating biodiversity conservation into oil and gas development?

2. How can companies integrate biodiversity considerations into their systems and operations?

3. What are the potential negative impacts on biodiversity from oil and gas development and what practices can companies adopt at their operational sites that will mitigate these impacts?

4. How can companies factor biodiversity criteria into decisions about where they will work?

5. How can a company measure a project's impact on biodiversity and its company-wide performance in relation to biodiversity?

6. How can companies go beyond minimizing impacts and take advantage of opportunities to benefit biodiversity?

EBI Participants:
The report and supporting products can be found online at www.TheEBI.org. Convened by the Center for Environmental Leadership in Business (CELB), a division of Conservation International, the EBI participants include BP, ChevronTexaco, Conservation International, Fauna & Flora International, Shell, Smithsonian Institution, Statoil, The Nature Conservancy, and IUCN - The World Conservation Union.

EBI Recommendations:
To encourage progress in integrating biodiversity conservation into oil
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Contact: Jason Anderson
j.anderson@celb.org
202-912-1464
Conservation International
26-Aug-2003

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