OGCI Strategy

Leadership to accelerate the energy transition

Knowledge Base

Insights, practical solutions, and resources

Data and Targets

See our aggregate emissions data and targets

Aramco
BP
Chevron
CNPC
ENI
Equinor
Exxon
OXY
Petrobras
Repsol
Shell
Total

OGCI PROGRESS REPORT 2021

Accelerating ambition & action

In this year’s report we outline the three pillars of OGCI’s new net zero strategy, highlight the progress made in 2021 by OGCI and Climate Investments, and explore the collective initiatives underway as we build an accelerated action platform to match our strategic ambition.

tiled play button

OGCI’s net zero strategy

In 2021, OGCI’s member company CEO aligned on a new strategy, with accelerated ambition, focused on 3 pillars:

  • null
    Towards net zero operations
  • null
    Leading the oil and gas industry
  • null
    Acting to help decarbonize society

Making progress on our targets and initiatives

Between 2017 and 2020, OGCI member companies achieved:

0
%

Reduction in absolute methane emissions from upstream operations

0
%

Reduction in greenhouse gas emissions from flaring

impact delivered
0
%

Reduction in upstream carbon intensity

ccus
0

CCUS hubs in planning with OGCI member company involvement

Driving faster decarbonization

By the end of 2021, OGCI Climate Investments had:

OGCI Climate Investments
impact delivered
~
0

Million tonnes of CO2e impact delivered

0

Investments in total

0
+

Pilots or deployments with an OGCI member company

0

New and follow-on investments in 2021

AMBITION

OGCI’s net zero strategy

In 2021, OGCI’s member company CEO aligned on a new strategy, with accelerated ambition, focused on 3 pillars:

  • null
    Towards net zero operations
  • null
    Leading the oil and gas industry
  • null
    Acting to help decarbonize society
ACTION

Making progress on our targets and initiatives

Between 2017 and 2020, OGCI member companies achieved:

0
%

Reduction in absolute methane emissions from upstream operations

0
%

Reduction in greenhouse gas emissions from flaring

impact delivered
0
%

Reduction in upstream carbon intensity

ccus
0

CCUS hubs in planning with OGCI member company involvement

INVESTMENT

Driving faster decarbonization

By the end of 2021, OGCI Climate Investments had:

OGCI Climate Investments
impact delivered
~
0

Million tonnes of CO2e impact delivered

0

Investments in total

0
+

Pilots or deployments with an OGCI member company

0

New and follow-on investments in 2021

Collective action & engagement

We work with member companies and collaborate broadly to accelerate the pace and scale of action.

OGCI Climate Investments

$1bn+ to implement and scale low carbon solutions in oil and gas, industrials and commercial transportation.