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Practising EPR in the Energy Sector

Product stewardship is crucial to sustaining environmental protection. While oil and gas operations contribute a significant amount of greenhouse gas emissions, the products produced by this industry, such as petroleum, have an even larger carbon footprint.

Key fact: In 2020, about half of US energy-related CO2 emissions were from petroleum use

Energy companies must practise extended producer responsibility (EPR), an environmental protection strategy that charges the product manufacturer with the duty to ensure that the environmental impacts of their products are reduced as much as possible at every stage of operation, from production to waste disposal.

For example, energy companies must frequently evaluate any harmful effects of their products and their impacts throughout the product life cycle. They must also produce, sell, transport, and store all products responsibly, according to regulatory requirements, and prioritise new technologies.

Remanufacturing initiatives also play an important role in product stewardship and EPR. These specifically focus on maximising product recovery while minimising the harmful effects of waste materials. For example, with waste oil recycling, used oil is re-refined into a number of useful products, including industrial burner oil, hydraulic oil, mould oil, and many others.

Benefits

  • Improves environmental performance

  • Creates competitive advantage

  • Future-proofs operations


Learn more insights by browsing our resource centre and learn more about digital trends shaping operator responses to the coming hydrocarbon boom and energy transition in the Innovation Forecast in Energy.

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