Transparency

We are committed to managing our business activities responsibly in all countries in which we operate.

Government submissions

As a proud member of the Australian business community, INPEX engages regularly with government and broader stakeholders. We participate in relevant policy consultation processes, including written submissions provided to government.  

INPEX Australia is committed to a high standard of transparency and is pleased to provide the below public submissions for ease of reference. 

Tax transparency

We believe tax transparency strengthens accountability by governments and companies to communities. Tax transparency encourages good business practices that improve the overall investment environment. Transparency ensures citizens remain informed of the valuable economic contribution being made by the resources industry, and the benefits that flow to the community.

As a proud member of the Australian business community for more than 30 years, INPEX is pleased to adopt the Australian Government’s Voluntary Tax Transparency Code.

INPEX’s Code of Conduct stipulates the company must build sound and appropriate relationships with government and administrative authorities. INPEX is in regular communication with the ATO and responds in a cooperative and timely way to information requests. INPEX aims for certainty on material tax positions it adopts. INPEX actively promotes tax compliance by providing education and training on tax compliance to INPEX employees, as required by their roles.

Download our Taxation Transparency Reports below.

Human rights

INPEX is committed to upholding and respecting the human rights of all people including our employees, the communities in which we operate, those who may be impacted by our activities and those within our supply chain.

We conduct business in a manner consistent with the human rights principles encompassed in the Universal Declaration on Human Rights, the International Labour Organisation’s Declaration on the Fundamental Principles and Rights at Work, the United Nations Global Compact, the Forced Labor Convention and the United Nations Guiding Principles on Business and Human Rights. INPEX also works to ensure it is not complicit in human rights abuses committed by others.

In May 2017, INPEX confirmed and announced its Human Rights Policy. INPEX recognises the significant role we have in ensuring the rights of Aboriginal and/or Torres Strait Islander peoples are protected in the communities in which we operate.

Gender equity

At INPEX, we are passionate about fostering an inclusive work environment, where our diverse workforce feels engaged and valued. This includes a commitment to the United Nations’ Sustainable Development Goal 5 – to achieve gender equality and empower all women and girls – and measuring and improving on our gender equity outcomes.

In support of this, each year we report on our progress to the Australian Government’s Workplace Gender Equality Agency (WGEA).

Gas Market Code reporting

As the operator of Ichthys LNG in Darwin, INPEX is proud to support energy security in the Northern Territory.

INPEX and Power and Water Corporation (PWC) have established a gas supply agreement enabling Ichthys LNG to be called upon for gas delivery during emergencies when PWC encounters gas shortages. In such situations, Ichthys LNG strives to deliver the required gas as reasonably feasible. The supplied gas is consumed at the Channel Island Power Station or Weddell Power Station, supporting Darwin’s electricity production when required.

While the Ichthys LNG facility supplies PWC with gas in emergency situations, the facility is not designed to produce and supply domestic gas that meets all Australian Energy Market Operator quality guidelines. The gas supplied to PWC is neither specifically conditioned nor pressurised, so is not suitable for normal distribution to the east coast gas market.

The Ichthys LNG facility therefore does not expect to have any volumes of uncontracted regulated gas available for the market.