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November 30, 2021

INPEX Provides Carbon-neutral Arrangements to HOKKAIDO GAS

TOKYO, JAPAN - INPEX CORPORATION(INPEX) announced that it has made carbon neutral arrangements for Hokkaido Gas CO., LTD (HOKKAIDO GAS).

The carbon credits used for the carbon neutral arrangements have been verified by a highly reliable third-party certification authority as deriving from greenhouse gas reduction efforts at global forest conservation projects, etc. .

In its"Business Development Strategy - Towards a Net Zero Carbon Society by 2050" announced in January 2021, INPEX positions the contribution to realizing a net zero society as part of its core management principle. The carbon-neutralarrangements to HOKKAIDO GAS are aligned to this core principle.

INPEX will continue to strengthen its relations with HOKKAIDO GAS through the carbon- neutral arrangements and pursue opportunities for collaboration in diverse business fields. Furthermore, INPEX will proactively engage in energy structure reforms towards the realization of a net zero carbon society by 2050 while fulfilling its responsibility for the development and stable supply of energy.

About INPEX

INPEX CORPORATION is Japan's largest exploration and production (E&P) company, and is currently involved in projects across multiple continents, including the Ichthys LNG Project in Australia as Operator. Through building a cleaner upstream business and advancing hydrogen and renewables solutions, INPEX aims to become a leading energy company and continue providing a stable and efficient supply of energy to its customers while pioneering energy transformation towards a net zero carbon society by 2050. For more information, visit https://www.inpex.co.jp/english/index.html.

Media Contact: INPEX Tokyo Office, Public Relations Group, Tel) +81-3-5572-0233

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Inpex Corporation published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 06:40:04 UTC.