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Follow the progress of OGCI, our member companies and our Climate Investments fund since our launch in 2014 to the present day.
2021 Progress Report
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Focus: Reducing transport emissions
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Focus: Natural Climate Solutions
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Investment showcases are an important way for us to highlight impactful new technologies, identify promising projects and select new portfolio members.
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Download the 2021 OGCI Progress Report
Want to set up a CCUS hub to decarbonize industry at scale? Build on the experience of the worlds most advanced hubs.
See hubs in action
The first independent evaluation of geologic CO2 storage assessments, aiming to provide investor-level confidence in the maturity of commercial resources available to CCUS projects globally.
This inaugural report looks at greenhouse gas (GHG) emissions redution. The report shows that OGCI’s portfolio of investments avoided, reduced, recycled or stored 30MtCO2e of GHG emissions in 2019-2021 through the deployment of their activities.
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OGCI in Action news
The Oil & Gas Climate Initiative (OGCI), a consortium of 12 oil and gas majors, together with OGCI Climate Investments (CI), a $1 billion-plus specialist decarbonisation investor, are delighted to announce their presence at ADIPEC 2022 in Abu Dhabi from 31 October-3 November.
Climate Investments news & Media
OGCI Climate Investments (CI), a $1bn+ independent decarbonization investor, is celebrating its fifth anniversary this year.
Member company news
OGCI is delighted that all member companies have now announced their intention to achieve net zero operations, covering Scope 1 and 2 emissions, within the timeframe set by the Paris Agreement.
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Join our team to help accelerate decarbonization and realize new opportunities as we work towards a low carbon future.
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We invest in solutions to decarbonize sectors like oil and gas, industrials and commercial transport. We look for outcomes that reduce methane and carbon dioxide emissions and store or recycle carbon dioxide.
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Bjørn Otto Sverdrup Chair, OGCI Executive Committee
Chair, OGCI Executive Committee
Bjørn Otto Sverdrup is Chair of the OGCI Executive Committee. He is responsible for building consensus among the team of senior executives representing OGCI’s member companies and advancing and implementing the strategy set by the OGCI CEOs. Prior to his appointment in 2021, he was Equinor’s Senior Vice President for Corporate Sustainability and a member of the Global Strategy and Business Development Management Committee. Over the past five years, he was responsible for developing the company’s climate roadmaps, participated in OGCI’s work with stakeholders and engaged extensively in international climate policy development.