Go to our 2023 Progress Report

Leading the industry response to climate change

Our focus

A catalyst for change

OGCI is a CEO-led initiative focused on accelerating action to a net zero future consistent with the Paris Agreement.

To achieve its ambitions, OGCI’s 12 members are targeting net zero emissions at their own operations and collaborating with companies and partners across the industry and in other sectors to urgently reduce global greenhouse gas emissions.

To support companies outside the group, OGCI focuses on partnering, capacity building and innovations to target key technologies and areas that can have the greatest impact on emissions reductions.

OGCI’s current focus areas include carbon capture, utilization and storage (CCUS), methane emissions reduction and transport emissions. 

Oil and gas climate initiative

Path to net zero operations

In order to accelerate action, OGCI is working on key initiatives in these areas:

CCUS

The world will need to store many gigatonnes of carbon dioxide per year as part of a broad package of solutions to get to net zero emissions. OGCI is working with industry, governments and other investors to scale up carbon capture, utilization and storage (CCUS).

Methane emissions

Working towards near zero methane emissions from oil and gas is a top priority for OGCI. Our objective is to help achieve near-zero methane emissions across the oil and gas industry and along the full gas value chain.

Transport

Decarbonizing transport is a key part of all global pathways to get to net zero. OGCI is focusing its collective efforts on ways to reduce CO2 emissions in shipping and other hard-to-abate sectors. 

Building towards net zero

2023 Progress Report

Our 2023 report looks back over OGCI’s 10 years of action to reduce methane emissions, capture and store carbon dioxide emissions and build net zero solutions.

OGCI at a glance

Our impact

Upstream methane emissions

0 %
since 2017

Upstream carbon intensity

0 %
since 2017

Low-carbon investment

$ 0 bn
since 2017
Latest news
OGCI announced today at COP28 that it has stepped up activities on methane detection and flaring to help more companies reduce methane emissions from their oil and gas operations – one of the best short-term opportunities for the industry to advance the Paris Agreement ambitions. 
Most recent resource
The International Association of Oil and Gas Producers, Methane Guiding Principles, OGCI and Environmental Defense Fund announced their intention to build a framework to share expertise to help companies reduce methane emissions and flaring in line with the Oil & Gas Decarbonization Charter ambitions.
See what we're doing

Read our latest progress report