Reducing carbon intensity

Sustainably reducing carbon emissions is the world’s greatest climate challenge – and is at the heart of the transformation of the energy system that OGCI aims to accelerate.

What OGCI is doing

OGCI aims to accelerate the reduction of member companies’ operational emissions and works with a wide range of stakeholders in industry, transport and buildings to accelerate decarbonization solutions.

OGCI’s upstream carbon intensity target

Our target in detail
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    Includes CO2 and
    methane emissions

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    Covers operated upstream
    oil and gas assets

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    Practical near-term step

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    Reported and independently reviewed annually

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    Consistent with support for Paris goals

How we reduce carbon emissions
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    Improve energy efficiency

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    Co-generate electricity and useful heat

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    Zero routine flaring

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    Electrify operations with renewables where possible

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OGCI member companies aim to reduce the average carbon intensity of their upstream oil and gas operations from 23 kg of greenhouse gases per barrel of oil equivalent in 2017 to 17 kg by 2025. In 2020, they reached 19.5 kg, an improvement of 14% over the 2017 baseline.

OGCI’s upstream carbon intensity target

Our target in detail
  • null

    Includes CO2 and methane emissions

  • null

    Covers operated upstream oil and gas assets

  • null

    Practical near-term step

  • null

    Reported and independently reviewed annually

  • null

    Consistent with support for Paris goals

How we reduce carbon emissions
  • null

    Improve energy efficiency

  • null

    Co-generate electricity and useful heat

  • null

    Zero routine flaring

  • null

    Electrify operations with renewables where possible

  • null

    Near zero methane emissions

What OGCI member companies are doing to reduce carbon intensity

Member companies are focusing on flaring reduction, efficiency improvements, electrification and the integration of renewables in their operations.

What Climate Investments is doing to reduce carbon intensity

We invest in solutions that improve energy efficiency in transport, buildings and industry.

Boston Metal

Boston Metal has developed a novel technology that enables a more efficient, more environmentally sustainable, and less costly production of critical metals, including steel.

Turntide

Turntide

Turntide invents and scales breakthrough technologies to optimize how the world uses energy and accelerate the transition to 100% clean energy. Our solutions redefine sustainability as both an environmental benefit and a business profit driver.

Converge

Converge

Converge is a technology company accelerating decarbonization in the construction sector.

Qnovo

Qnovo

Qnovo is a battery management pioneer providing software that manages Li-ion batteries, enabling greater capacity utilization, extended battery life, faster charging and predictive analytics for battery recall avoidance and failure prevention.

Norsepower

Norsepower designs and manufactures mechanical rotor sails that provide auxil­iary propulsion power for large ships, reducing their fuel consumption and associated emissions.

XL Fleet Electrification

XL offers hybrid and plug-in hybrid electrification systems that improve fuel economy and reduce emissions in commercial fleet vehicles.

ZincFive

ZincFive

ZincFive, a leader in innovation and delivery of nickel-zinc battery solutions with over 90 patents awarded, leverages safe and sustainable nickel-zinc chemistry within its solutions to provide high power density and performance.

Achates Power

Achates is developing high fuel-efficiency opposed-piston engines that aim to significantly reduce carbon dioxide and nitrogen oxide emissions.

METRON

METRON is a French cleantech company that uses AI technology to increase energy efficiency and productivity for industrial facilities while also delivering substantial cost savings.

75F

75F delivers significant energy savings to commercial buildings with predictive, proactive automation of HVAC and lighting systems through a suite of wireless sensors, equipment controllers and cloud-based software.

OnTruck

Ontruck is a digital road freight platform connecting carriers and shippers more efficiently. Ontruck removes carbon emissions generated from empty trucks, enabling a more sustainable future of transportation.