🤝 What’s the link between OGCI and OGDC?
OGCI (Oil and Gas Climate Initiative)
Delivering solutions for a net zero future
OGCI is helping accelerate emissions reductions across the oil and gas industry through several initiatives – including its role as Secretariat for the Oil & Gas Decarbonization Charter (OGDC), launched at COP28 in 2023. By joining the OGDC, signatories from around the world agree to collaborate and work towards a net-zero operations future.
As Secretariat, OGCI is supporting OGDC signatories – over 55 companies representing around 45% of global oil production – by sharing essential knowledge, tools and best practices to help them reduce Scope 1 and 2 emissions in line with the Paris Agreement and global net zero goals.
🔧 Sharing OGCI’s decade of experience
OGDC draws on over 10 years of OGCI’s best practices and experience. OGCI and its member companies have demonstrated measurable results since 2017, including:
- Upstream methane emissions down by 55%
- Routine flaring down by 53%
- Upstream carbon intensity of operated oil and gas assets down by 21%
- Investment in low-carbon technologies ~$100 billion
This experience is being made available to OGDC signatories to help them manage their own emissions reduction strategies faster and more effectively.
🌍 OGDC in numbers
🛠️ Practical support in focus
As Secretariat, OGCI is supporting OGDC signatories with:
- Technical knowledge and guidance on methane emissions detection, measurement and abatement
- A robust reporting framework to track emissions reductions
- Proven tools and best practices to accelerate progress toward OGDC’s shared goals
🎯 Shared ambitions
OGDC’s decarbonization goals reflect OGCI’s key priorities:
- Near zero upstream methane emissions and eliminate routine flaring by 2030
- Net zero operations by or before 2050
OGCI members have shown that collective industry action can deliver meaningful emissions reductions – creating a valuable opportunity for others to follow.