Metrics, Targets, and Results

Environmental Metrics and Targets

In December 2022, INPEX established and published its policies and commitments on biodiversity conservation, water management, and waste management—which are material global environmental issues—through a resolution of the Board of Directors. In FY2024, to further ensure the fulfillment and advancement of our commitments, we also formulated measurable quantitative targets across the INPEX Group, as detailed below, and stated them in INPEX Vision 2035, which was published in February 2025.

Quantitative Targets for Biodiversity Conservation
  • Achieve net zero deforestation in operational organizations starting in FY2025 or later
  • Implement 100% of planned biodiversity conservation activities
Quantitative Targets for Water Management
  • Maintain zero freshwater withdrawal in high water stress*1 areas
Quantitative Targets for Waste Management
  • Maintain a final landfill rate of 1% or less for drilling cuttings*2
  • Maintain a recovery rate*3 of 70% or more for waste generated by regular operations

These are ongoing targets to be achieved annually, and we monitor the results for each year. In FY2025, the implementation rate of biodiversity conservation activities was 90%, and continuing from FY2024, the freshwater withdrawal in high water stress areas was again zero. The final landfill rate of drilling cuttings was 0%, and the recovery rate of waste generated by regular operations stood at 87%. Regarding water management and waste management, we successfully achieved the targets we had set.

We will continue to strengthen and sustain these efforts while striving for further improvements.

  • *1
    Ratio of water demand to available and renewable surface water and groundwater
  • *2
    Except in cases when the energy consumption and other relevant factors required for recycling are significantly higher than those for landfill disposal
  • *3
    The percentage of the Group's total generated waste that falls under the category of "Waste diverted from disposal" (Preparation for reuse; Recycling; Other recovery operations) in GRI 306

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