Creating trust through transparency
Open communication creates trust. That’s why Wintershall Dea is committed to transparency in its sustainability reporting.
Wintershall Dea continuously publishes relevant non-financial information. We follow internationally accepted reporting standards, allowing our stakeholders to compare our ecological, economic and social performance with others. We also use these indicators to identify potential for improvement and measure our progress.
Wintershall and Dea became Wintershall Dea on 1 May 2019. The data for 2019, 2018 and 2017 are combined figures of the two former legacy organisations Wintershall and DEA. The figures were published in the respective sustainability reports.
(1) Consolidated pro-forma data. Data includes all production sites on equity basis (percentage by shares) according to IOGP w/o exploration and administration.
(2) Scope 3 emissions have not previously been reported by Wintershall or DEA. We believe that Scope 3 emissions are an integral part of greenhouse gas reporting and climate change mitigation. As a first step, we determine our Scope 3 emissions based on category 11 – use of sold products – of the GHG Protocol, which is considered to be the most relevant category for an E&P company. Subsequently, we will complement our Scope 3 reporting by other relevant categories.
(3) Data on Energy intensity is based on Wintershall Dea activities with operational control.
(1) Consolidated pro-forma data. Consolidated pro-forma data. Data includes all production sites on equity basis (percentage by shares) according to IOGP w/o exploration and administration.
(2) Data at all sites of Wintershall Dea and its business as well as joint ventures, in which we have operatorship, have been compiled worldwide regardless of our stake and reported in full (100%).
(1) Consolidated pro-forma data. Occupational safety at all sites of Wintershall Dea and its business as well as joint ventures, in which we have operatorship, have been compiled worldwide regardless of our stake and reported in full (100%).
(2) LTI include fatalities.
(3) Data on hours worked across all activities operated by Wintershall Dea. The calculation of working hours is based on local standards and are partially estimated and projected.
Methane Guiding Principles
Wintershall Dea has committed to the Methane Guiding Principles (MGP) and focusing on the reduction of methane (CH4) emissions across the natural gas value chain. These emissions occur when natural gas is released during the extraction or transportation process.
Our MPG workplan 2020
As part of our Methane Guiding Principles commitment, Wintershall Dea will conduct an internal and an external MGP Masterclass in 2020, which provides a strategic view on the importance of methane emissions reduction. It targets decision-makers with respect to planning, mitigating, measuring and reporting methane emissions. Additionally, Wintershall Dea supports a working group with the focus on Principle 4: advocate sound policy and regulation on methane and is a member of the Programme Oversight Group.
(1) Based on own-operated data as defined by the OGCI methodology
We report our methane emissions in accordance with applicable regulations and industry standards.
Wintershall Dea is guided by international reporting standards
In order to meet the information needs of our stakeholders, we regular report non-financial information and follow international and industry-specific reporting standards like The global Reporting Initiative or IPIECA. In this way, Wintershall Dea ensures that its performance can also be compared on an international scale. As a future listed company, we plan to report to Carbon Disclosure Project (CDP). Wintershall Dea became a supporter of the Task Force on Climate-related Financial Disclosures in February 2020.
GRI is an international, multi-stakeholder and independent non-profit organization that strives to increase the transparency and accountability of economic, environmental, and social performance of companies and provides a comprehensive reporting framework. www.globalreporting.org
IPIECA develops, shares and promotes good practice and knowledge to help the industry and improve its environmental and social performance. Furthermore, IPIECA helps the industry achieve high quality reporting by publishing a sustainability reporting guidance. Member since 2017. www.ipieca.org
The UN Global Compact is a worldwide voluntary initiative based on CEO commitments to promote responsible corporate governance. It obligates the signatories to comply with ten principles covering the areas of human rights, labour, the environment and anti-corruption and to report on that. Member since 10/2019. www.globalcompact.com
The MPG are a voluntary, international multi-stakeholder partnership between industry and non-industry organisations with a focus on Methane reducing measures. Member since 11/2017. www.methaneguidingprinciples.org
The International Association of Oil & Gas Producers (IOGP) is the voice of the global upstream oil and gas industry. They collect inter alia data from its members to allow them to compare their performance with other companies and in this way, to improv their performance. Member since 11/2017. https://www.iogp.org/
The Extractive Industries Transparency Initiative (EITI) is committed to improving financial transparency and accountability in the raw material sector. EITI in Germany promotes broad and equal participation of representatives from civil society as part of that. www.d-eiti.de