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Ichthys LNG Project SustainabilitySustainability Report Report 2012 2012 ResearchResearch & & CSR CSR Group Group CorporateCorporate Strategy Strategy & & Planning Planning Unit Unit AkasakaAkasaka Biz Biz Tower Tower 32nd 32nd Floor Floor 5-3-15-3-1 Akasaka, Akasaka, Minato-ku, Minato-ku, Tokyo, Tokyo, JAPAN JAPAN 107-6332 107-6332 PaperPaper used used in inthis this report report is isproduced produced from from ber ber sourced sourced from from well-managed well-managed Phone:Phone: +81-3-5572-0231 +81-3-5572-0231 http://www.inpex.co.jp/ http://www.inpex.co.jp/ forestsforests and and other other forests forests where where unacceptable unacceptable sources sources have have been been excluded, excluded, as as deneddened by by the the Forest Forest Stewardship Stewardship Council. Council. PublicationPublication Date: Date: September September 2012 2012 PrintedPrinted using using vegetable vegetable oil-based oil-based ink ink that that does does not not release release volatile volatile organic organic (The(The last last report report was was published published in inSeptember September 2011. 2011. compoundscompounds (VOCs), (VOCs), and and waterless waterless processes processes that that do do not not involve involve harmful harmful TheThe next next report report is scheduledis scheduled for for publication publication in inSeptember September 2013) 2013) wastewaterwastewater emissions. emissions. Mission, Corporate Social Responsibility Company Overview Company Name: INPEX CORPORATION Established: April 3, 2006 CONTENTS Policy and Code of Conduct Capital: 290,809,835,000 yen Headquarters: Akasaka Biz Tower 31st to 34th, 38th floors, 4 Top Management Commitment 5-3-1 Akasaka, Minato-ku, Tokyo, JAPAN 107-6332 Phone: +81-3-5572-0200 8 Medium- to Long-Term Vision of INPEX Mission Fiscal Year End: March 31 10 CSR of the INPEX Group Number of Employees: 2,146 (Consolidated) as of March 31, 2012 12 Relationships with Major Stakeholders The mission of the INPEX Group is to provide a stable and ecient supply of Main Businesses: Research, exploration, development, production and 14 Business Activities energy to the customers by exploring and developing oil and natural gas sales of oil, natural gas and other mineral resources; other related businesses; and investment and lending to 16 Special Feature 1 resources throughout the world. Through its business, we aim to become an companies engaged in these activities Stable Supply of Energy to Japan integrated energy company, which contributes to our community and makes 18 Special Feature 2 it more livable and prosperous. Ichthys LNG Project and CSR Financial Information (Consolidated) 20 Special Feature 3 Dialogue with Stakeholders Net Sales Net Income What is Expected of a Global Energy Company (million yen) (million yen) 194,000 1,200,000 1,186,731 22 Management Corporate Social Responsibility Policy 150,000 23 Corporate Governance 943,080 128,699 840,427 800,000 107,210 24 Compliance 100,000 25 Risk Management The INPEX Group conducts our business eciently and proactively with a 26 HSE Management System 400,000 long-term perspective. Guided by the leadership of top management, we are 50,000 committed to fullling our corporate social responsibilities by taking into 30 Environment 0 0 consideration our stakeholders’ interests. Our key principles include: 2009 2010 2011 (FY) 2009 2010 2011 (FY) 31 Environmental Impact of Our Business Activities 32 Global Warming Mitigation 1. Deliver energy in a stable and efficient manner. Net Production by Region 33 Biodiversity Conservation 34 Reducing Our Environmental Impact 2. As a company responsible for energy supply, strictly maintain safety in operation and control in all areas of Japan 7% 36 Fighting Climate Change our business activities. Total Asia and Oceania 47% 3. Comply with laws, rules and regulations and adhere to ethical business conduct in accordance with social 426 Eurasia 6% 38 Society norms including human rights at our international or operating locations. thousand 39 Safety Management BOEPD1 Middle East and Africa 36% 4. Communicate timely and openly with shareholders, employees, customers, business partners and other 42 Building Trust with and Contributing stakeholders while protecting and properly managing information. Americas 4% to Local Communities 43 Initiatives to Contribute to Local Communities 5. Value the individuality of our employees, secure a safe, healthy and worker-friendly environment, and Proved Reserves by Region2 46 Fair Trade with Business Partners provide opportunities for career development. 47 Product Quality Control 6% 6. Recognize our responsibility to help preserve the environment and proactively contribute to sustainable Japan 48 Human Resource Development and Utilization development. Total Asia and Oceania 64% 51 Health Management 2,432 8% 52 Appropriate Information Disclosure 7. Contribute to the economic development of host countries and communities, by taking cultural diversity MMBOE Eurasia into consideration. Middle East and Africa 21% 53 Third Party Comments on Sustainability Revised on April 23, 2012 Americas 1% Report 2012 54 Communication Tools 1 Barrels of oil equivalent per day 55 CSR Online 2012: Table of Contents 2 Proved reserves are evaluated in accordance with SEC regulations and include proved reserves owned by equity method affiliates Code of Conduct Editorial Policy Scope of Reporting and Data Compilation The INPEX Group publishes its CSR Report annually to keep its stakeholders informed of its INPEX CORPORATION and its 59 consolidated subsidiaries CSR initiatives and activities. Every ocer and employee of the Group fully understands and strictly For the 2012 edition of this report, renamed the Sustainability Report, we formulated the Forward-Looking Statements enforces the articles of this code of conduct to achieve appropriate editorial policy below in light of our continued effort to incorporate the following ideas from the 2011 edition: to enhance the disclosure of information on the issues and initiatives we This report includes forward-looking information that reflects the plans and estimates of management and fulll their responsibilities as decent members of society. face as a global company, to enhance the disclosure of information on our worldwide INPEX CORPORATION and its affiliates (hereinafter called the INPEX Group). Such projects, and to use our website more effectively to complement the printed report. forward-looking information is based on assumptions and beliefs of the INPEX Group in light of information currently available, and involves known and unknown risks, uncertainties, and 1. We will express our role as an energy corporation. 2. We will report on the steps we are taking to enhance CSR-based management through our other factors. Such risks, uncertainties, and other factors may cause the INPEX Group’s actual 1. Compliance with Laws and Ordinances 5. Respect for Employees CSR promotion system. results, performance, achievements, or financial position to be materially different from any 3. We will report on two-way communication with stakeholders on our key CSR issues. future results, performance, achievements, or financial position expressed or implied by such 2. Respect for Human Rights 6. Approach to the Environment, Safety and Health 4. We will further improve the content of the report to fulll our accountability. forward-looking information. Please be advised that the INPEX Group shall assume no responsibility for such risks. 3. Contributions to Society 7. Securing the Soundness of Company Assets and Reference Guideline 4. Respect for Business Ethics Finances Global Reporting Initiative’s Sustainability Reporting Guidelines Version 3.1 Regarding the Cover Page Reporting Period The INPEX Group pays proper consideration to the society and the environment as an energy Established on October 1, 2008 April 1, 2011 to March 31, 2012 (Including references to activities we undertook during or corporation while providing an efficient and stable supply of energy to contribute to a brighter Only main items are listed future. The mangrove tree image used in the background is native to Darwin Harbour, the main after April 2012) site where the Ichthys LNG (liquid natural gas) Project is being implemented, in the Northern Territory in Australia. It represents the Group's efforts in paying consideration to the natural For details, environment in our activities. please refer to our website: http://www.inpex.co.jp/ english/csr/ 02 INPEX SUSTAINABILITY REPORT 2012 INPEX SUSTAINABILITY REPORT 2012 03 Mission, Corporate Social Responsibility Company Overview Company Name: INPEX CORPORATION Established: April 3, 2006 CONTENTS Policy and Code of Conduct Capital: 290,809,835,000 yen Headquarters: Akasaka Biz Tower 31st to 34th, 38th floors, 4 Top Management Commitment 5-3-1 Akasaka, Minato-ku, Tokyo, JAPAN 107-6332 Phone: +81-3-5572-0200 8 Medium- to Long-Term Vision of INPEX Mission Fiscal Year End: March 31 10 CSR of the INPEX Group Number of Employees: 2,146 (Consolidated) as of March 31, 2012 12 Relationships with Major Stakeholders The mission of the INPEX Group is to provide a stable and ecient supply of Main Businesses: Research, exploration, development, production and 14 Business Activities energy to the customers by exploring and developing oil and natural gas sales of oil, natural gas and other mineral resources; other related businesses; and investment and lending to 16 Special Feature 1 resources throughout the world. Through its business, we aim to become an companies engaged in these activities
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