Reducing carbon dioxide emissions

Sustainably reducing carbon dioxide 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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    Near zero methane emissions

The OGCI target is to reduce carbon intensity from a collective level of 23 kg of greenhouse gases per barrel of oil or gas (kgCO2e/boe) in 2017 to 20kg by 2025.

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 is Climate Investments doing to reduce carbon intensity

We invest in solutions that reduce methane emissions during the production, delivery and usage of oil and gas.

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.

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.

Achates Power

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

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.