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5 Methodology
Table 5.3 Documents that guide O&G social investment practices
Guideline developer/Institution
Guideline
Documents/Institutions
Number of Participants
International Finance
Corporation (IFC)
IFC Performance Standards on
Environmental and Social
Sustainability
7
The World Bank
(World Bank Group)
Community-Driven
Development
7
Global Reporting Initiative
(GRI)
GRI
2
Ethos
Ethos Principles
2
Host Countries
Local Legislation
2
The Global Oil and Gas
Association for Environmental
and Social Issues
(IPIECA)
IPIECA—Guide to Successful
Sustainable Social Investment
2
Anglo American
Rural Planning and Appraisal
2
Global Compact
(GC)
GC
1
Global Reporting Initiative
(GRI)
O&G Sector Supplement
1
Grupo de Institutos Fundações e
Empresas a
(GIFE)
Indicadores GIFE de
Governança b
1
Instituto Brasileiro de Petróleo
(IBP)
IBP
1
International Bank for
Reconstitution and Development
(IBRD)
IBRD
1
Harvard Business Institute
Harvard Business Institute
1
Chevron
M4P—Making Market Work for
the Poor
1
Social Accountability
International
Accountability SA 8000
1
Equator Principles
Equator Principles
1
The Society of Petroleum
Engineers
The Society of Petroleum
Engineers
1
International Council on Mining
and Metals (ICMM)
Company-Community Relations
Toolkit
1
a Institution, foundations, and companies group (translated)
b GIFE Governance Indicators (translated)