OGCI member companies support the Paris Agreement and its aims and are working to accelerate the transition to a low-carbon future.
Our guiding principles
OGCI has a set of guiding principles to help member companies contribute towards achieving a low carbon future.
Support government policies that consider a value for carbon, explicitly or implicitly
Support the implementation of regulations tackling methane emissions reduction
Engage responsibly with stakeholders
Foster candid and constructive dialogue with a broad range of stakeholders
How we work
OGCI is a voluntary, industry-led initiative to deliver tangible, transparent and integrated contributions to climate change solutions. The central premise of OGCI is that member companies’ engagement and action on climate change becomes more powerful and impactful, when implemented as a collaborative effort.
We work collaboratively through focused workstreams and taskforces, as well as through OGCI Climate Investments. The strategic direction of OGCI is set by the CEO Steering Committee, made up of the CEOs of each of the member companies.
The CEO Steering Committee is the highest-level decision-making body of OGCI. Accountabilities include:
- OGCI targets and other major public commitments
- Setting the strategic direction for OGCI Climate Investments
- Approving major public products including OGCI reports, declarations, statements and press releases that contain public targets, commitments or policy support
- Approving overall annual work plan and resources
All members have equal voting rights and OGCI endeavours to make decisions by consensus. Consensus is defined as agreement between all OGCI active members minus one.
The Executive Committee (Excom) is made up of representatives from each member company and is the second level of decision making. Excom proposes and delivers on the strategy agreed by the CEO Steering Committee. This includes proposing the annual work plan, overseeing the activities of OGCI workstreams and taskforces, proposing OGCI targets and other major public commitments and proposing major public products including OGCI reports, declarations, statements and press releases. Excom decisions require consensus.
OGCI Climate Investments LLP (CI) is a separate, incorporated entity owned by OGCI member companies. Decisions are made by the Climate Investments CEO or Board of Directors, as appropriate. The Climate Investments Board is separate and independent from Excom and is made up of one representative from each member company.
Our approach to advocacy
OGCI is at the forefront of climate action in the oil and gas sector. OGCI constructively engages and advocates with external stakeholders on the basis of positions agreed by consensus.
Advocacy practices by and on behalf of OGCI are guided by the following principles:
1. Action led
Practical climate action by OGCI is the cornerstone of our advocacy activity.
2. Advocacy positions
OGCI may develop and agree policy and advocacy positions for consideration and use by OGCI and member companies when directly linked to OGCI agreed actions.
3. Robust approaches
OGCI’s positions should be prepared and agreed, ensuring thorough deliberation between member companies, a deep understanding of the issue and of relevant stakeholder interests.
4. Unity in message
OGCI’s positions are defined and agreed by consensus by the member companies, and are then applied consistently by OGCI.
Advocacy is appropriate, and staff representing OGCI and the member companies should talk about what OGCI is doing within the parameters of the positions agreed. Advocates should receive training and education on the agreed positions and how to present them.
OGCI and its members are committed to act in accordance with all applicable domestic and international antitrust and competition laws, and to act in accordance with applicable domestic and international anti-corruption laws.