Collaborating for a
net zero future

OGCI member companies support the Paris Agreement and its aims and are working together to accelerate the transition to a low carbon future.

Our framework for action

 

OGCI’s strategy creates a framework for us to act with impact. The first pillar focuses us on achieving net zero emissions in our own operations and those we own. The second pillar focuses on our intention to proactively lead our peers across the oil and gas industry to reduce their own carbon emissions. And the third pillar focuses on helping to decarbonize society in areas such as heavy industry and transportation, while advancing new low carbon solutions at scale.

Progress Report

Our priority focus areas

OGCI aims to lead the oil and gas industry response to climate change and scale up low carbon energy solutions – focusing on areas where OGCI can add value, beyond what individual members can do, or the market already offers.

We prioritize our activities around three objectives:

Engaging for impact

Tackling the global climate challenge requires cooperative leadership, trust-building, and commitment. OGCI member companies engage, both individually and collectively in frank, transparent and constructive dialogue with stakeholders. OGCI is also working on specific projects with a multitude of organizations that help us to amplify efforts in the areas of methane emissions, CCUS, transport emissions and natural climate solutions.

OGCI Climate Investments

Investing for impact

OGCI Climate Investments, our US$1B+ fund, brings new technologies and business models to high-emitting sectors – focusing on areas that were lacking innovation or capital. We aim to have a substantial impact on carbon emissions, by demonstrating and deploying technology at scale.

Progress report 2021

OGCI Progress Report 2021