About us

OGCI's strategy and principles

OGCI member companies work individually and collectively to accelerate action towards a net zero emissions future. Our action is guided by a set of principles and a strategy.

OGCI Executive Committee Chair Bjørn Otto Sverdrup explains our strategy.

Our strategy

Three strategic pillars guide our work to accelerate the energy transition

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Towards net zero operations

Our member companies aim to achieve net zero emissions from operations under our control (Scope 1 and 2) and to use our influence to achieve the same in non-operated assets.

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Leading the industry

Our members work proactively with the entire oil and gas industry, including national oil and gas companies, collaborating and sharing knowledge and technologies to achieve net zero operations and near zero methane emissions.

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Helping to decarbonize society

OGCI focuses on solutions that provide energy while radically cutting greenhouse gas emissions. We work in areas like carbon capture, utilization and storage and biofuels to tackle emissions from industry and transport.

*Potential CO2e abated per year

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Our Principles

What it means to be an OGCI member

1

Accelerate action towards a net zero emissions future consistent with the Paris Agreement
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2

Reduce the methane and CO2 intensity of our operations towards net zero
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3

Strive to reach near zero methane emissions and zero routine flaring from operated oil and gas assets by 2030
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4

Work proactively with the entire oil and gas industry towards net zero operations
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5

Act to help decarbonize society by supporting and implementing a wide range of low carbon solutions
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6

Publish accurate, consistent and transparent data, backed by third-party review
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7

Support government policies that consider a value for carbon, explicitly or implicitly
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8

Support the implementation of regulations tackling methane emissions
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9

Engage responsibly with stakeholders and foster candid and constructive dialogue
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10

Invest in and support Climate Investment funds over a 10-year period
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Oil and Gas Climate Initiative

Join the conversation

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