IPT Group announced the Lebanon's first Greenhouse Gas (GHG) Report in the oil and gas sector in April 2024. Audited by an external party for additional transparency, the report is certified with the Greenhouse Gas (GHG) Protocol.
IPT Group undertook a comprehensive GHG audit stretched from January to December 2023. This audit accounted for emissions under scope 1 which means, fleet travels, stationary combustion and lubricants oil; scope 2 defines electricity consumption; and, voluntarily scope 3 represents employees’ cars and work-related travels across all our facilities in Lebanon and the UAE. Scope 1 emissions were the primary contributor, comprising 80.7%, while scope 2 and 3, accounted for 6.1% and 13.3% respectively.
Starting 2024, IPT’s carbon footprint measurements will be included in our annual sustainability report.
