A catalyst for change
The Oil and Gas Climate Initiative is a CEO-led consortium that aims to accelerate the industry response to climate change. OGCI member companies explicitly support the Paris Agreement and its goals.
As leaders in the industry, accounting for over 30% of global operated oil and gas production, we aim to leverage our collective strength and expand the pace and scope of our transitions to a low-carbon future, so helping to achieve net zero emissions as early as possible.
Our members collectively invest over $7B each year in low carbon solutions. OGCI Climate Investments, our $1B+ fund, invests in solutions to decarbonize sectors like oil and gas, industrials and commercial transport.
OGCI Scaling up action
New York, 2019
Open letter from the CEOs of the Oil and Gas Climate Initiative
The unprecedented challenges the world is facing force us all to sharpen our focus on what really matters