EO100™ Standard for Responsible Energy Development

Download the EO100™ Standard for Responsible Energy Development

The EO100™ Standard for Responsible Energy Development is a set of rigorous performance standards for energy development projects. Developed through a three-year, multi-stakeholder engagement process, the EO100™ Standard is the product of extensive consultation with the energy industry, international NGOs, Indigenous organizations, financial institutions, government, and communities affected by energy projects. The Standard establishes metrics and performance targets to objectively and independently evaluate the environmental, social and governance (ESG) impacts of energy development projects. 

The EO100™ Standard represents leading industry practices for site-level ESG performance of energy and energy infrastructure projects. 

The EO100™ Standard encompasses the following five Principles: 

  1. Corporate Governance, Transparency & Ethics
  2. Human Rights, Social Impact & Community Development
  3.  Indigenous People’s Rights
  4.  Fair Labor & Working Conditions
  5. Climate Change, Biodiversity & Environment

The EO100™ Standard incorporates and references other leading international ESG standards, initiatives and reporting frameworks, including: international human rights standards and conventions (Universal Declaration of Human Rights and the UN Guiding Principles on Business and Human Rights), IFC Performance Standards, Global Reporting Initiative, ISO 26000, AA1000 Assurance Standard, ISO 14001, ISO 45001, and the Extractives Industries Transparency Initiative. Best practices have been converted into specific and auditable indicators based on the experiences of and feedback from companies and stakeholders in the energy sector.

The EO100™ Standard incorporates a scoring system based on three levels of Performance Targets (PTs).

  1. PT1 indicates that a site’s performance meets industry best practices;
  2. PT2 indicates that a site’s performance exceeds industry best practices; and
  3. PT3 indicates that a site’s performance leads industry best practices.

Producers must satisfy all provisions at the level of PT1 to achieve certification under the Standard. Additional points are awarded for achieving PT2s and PT3s, which indicate that the producer goes beyond industry best practices or demonstrates leadership and innovation. 

With the EO100™ Standard, Equitable Origin recognizes and rewards responsible energy producers for excellence in ESG performance. The EO100™ Standard can be applied as an internal benchmarking tool and for social and environmental performance management. It can also be used for investment and supply-chain due diligence. Third-party verification of conformance with all parameters of the EO100™ Standard at a specific energy development site (e.g. an oil or gas drilling pad, a hydroelectric dam, or a wind farm) earns the site EO Certification.

The EO100™ Standard includes a technical supplement for natural gas and light oil production: