MASHINIi

InterOil Corporation.

IOC.US | Extraction of crude petroleum

InterOil Corporation is an oil and gas business with a primary focus on Papua New Guinea. Its upstream operations involve exploration, appraisal, and development of oil and gas fields. The company also has midstream and downstream operations, including refining and marketing of petroleum products. G...Show More

Ethical Profile

Mixed.

InterOil Corporation (IOC.US), an oil and gas company, faces significant ethical challenges. Its core business of oil and gas extraction inherently conflicts with planet-friendly practices, with the company reportedly emitting over 10,000,000 tCO2e annually across Scope 1-3 without a reduction plan or SBTi targets. It also relies exclusively on virgin materials. Critics point to its operations risking habitat destruction and pollution, indirectly harming animal populations, leading to a very low score in animal welfare. The company's business model is also seen as fundamentally conflicting with "Better Health for All," "Respect for Cultures & Communities," and "Zero Waste & Sustainable Products" due to the nature of resource extraction in Papua New Guinea. Information on fair pay, ethical sourcing, and honest business practices remains largely insufficient for a full assessment.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess InterOil Corporation on Better Health for All.

Fair Money & Economic Opportunity

0

InterOil Corporation is an oil and gas business, and the provided articles focus on its corporate credit facility

1
and oil production activities
2
. There is no evidence that the company offers lending, deposit, or other financial services to consumers or engages in activities related to financial inclusion or economic opportunity for underserved populations. Therefore, all KPIs under the 'Fair Money & Economic Opportunity' value are not applicable to InterOil Corporation's core business as evidenced by the articles.

Fair Pay & Worker Respect

0

No specific, quantitative data is available across the provided articles to assess InterOil Corporation against the defined KPIs for Fair Pay & Worker Respect. Information regarding living wage coverage, CEO-to-median employee pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, employee turnover rate, labor violation incidents, insecure contract share, or health insurance coverage is not present in a quantifiable format for InterOil Corporation.

1

Fair Trade & Ethical Sourcing

0

No evidence available to assess InterOil Corporation on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-40

The company provides a whistleblower hotline with contact numbers for North America and worldwide, as well as an email address

1
. No further details regarding a formal policy, independent investigation processes, or effectiveness are provided in the available information.

Kind to Animals

0

EMPNG, an entity in which IOC.US has interests, actively engages in wildlife conservation in Papua New Guinea.

1
Efforts include enhancing the management of the Lake Kutubu Wildlife Management Area, conducting biodiversity surveys for various animal populations, and monitoring the eastern long-beaked echidna.
2
In 2021, 57 volunteers participated in mangrove planting, and wildlife monitoring identified increases in some populations of existing species in the LNG Plant site area, particularly the agile wallaby.
3
Additionally, 68 Papuan taipan snakes were safely relocated at the LNG Plant site.
4
Minor incidents included one Severity Level I non-conformance for wildlife management related to a wallaby
5
and a low-level incident where clearing extended beyond a defined boundary.
6

No War, No Weapons

0

No evidence available to assess InterOil Corporation on No War, No Weapons.

Planet-Friendly Business

0

The provided articles contain information and data exclusively pertaining to ExxonMobil. No specific, concrete data points or facts related to IOC.US (InterOil Corporation) were found in the evidence provided. Therefore, all KPIs for IOC.US must be omitted due to a lack of relevant evidence.

Respect for Cultures & Communities

20

The company has implemented grievance mechanisms at all EPC Contractors

1
and aims to resolve 75% of community complaints within 30 days.
2
Approximately 46% of its total workforce consists of Papua New Guinea nationals.
3
A Cultural Heritage Management Plan (CHMP) is in place, outlining procedures for managing cultural heritage, including avoiding known sites and a Chance Finds Protocol for unexpected discoveries.
4
The company spent approximately 22.6% of its in-country expenditures on local PNG companies.
5
It also maintains at least six formal partnerships with local and educational institutions.
6
No cultural appropriation incidents have been reported.

Safe & Smart Tech

0

No specific, concrete evidence was found in the provided articles regarding InterOil Corporation's performance on any of the 'Safe & Smart Tech' KPIs. The articles discuss general industry trends and incidents involving other companies in the oil and gas industry

1
, but do not provide data points directly attributable to IOC.US concerning data breaches, cybersecurity investment, privacy certifications, security training, encryption, AI ethics, data use, user data control, authentication, vulnerability management, bug bounties, privacy by design, security testing, data minimization, regulatory compliance related to privacy
2
, algorithmic harm remediation, or digital rights advocacy.

Zero Waste & Sustainable Products

0

No evidence available to assess InterOil Corporation on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.