Oil and Gas Climate Initiative

About OGCI

OGCI is a CEO-led initiative comprised of 12 of the world’s leading energy companies, producing around a third of global oil and gas. OGCI focuses on leading the industry’s response to climate change and accelerating action towards a net zero future consistent with the Paris Agreement.

To achieve these ambitions, OGCI members are targeting net zero emissions at their own operations and collaborating with partners across the industry and in other sectors to urgently reduce global greenhouse gas emissions. Since 2017, OGCI’s member companies have collectively reduced their upstream methane emissions by 50% and upstream carbon intensity by 21%.

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 tackling transport emissions.

Our strategy

Three pillars guide our action towards a net zero future consistent with the Paris Agreement aims.

  1. Towards net zero operations
  2. Leading the industry
  3. Helping to decarbonize society

Advocacy and position papers

OGCI’s advocacy is guided by clear principles and focuses on areas covered in our five position papers on:

  • Methane emissions reduction
  • Carbon capture, utilization and storage
  • Natural climate solutions
  • Value carbon
  • Article 6

Governance

OGCI’s governance structure and how we work together to accelerate the industry response to climate change includes:

  • The CEO Steering Committee
  • The Executive Committee
  • Workstreams
  • Taskforces
Oil and Gas Climate Initiative

Join the conversation

To learn more about OGCI’s work or to collaborate with us please get in touch.

UPDATE

Climate Investment has moved

OGCI Climate Investments is now called Climate Investment and has moved to a new site. OGCI member companies are investors in funds managed by Climate Investment.