We have today published an open letter from the CEOs of our member companies, that reiterates the continued collective efforts we are taking to combat the climate challenge and accelerate our industry’s response to #climatechange.

Read here: https://oilandgasclimateinitiative.com/ceo-open-letter-2020/

This has been our shared mission since our formation in 2014 and, despite the challenging times, we are dedicated within OGCI and in our own companies to maintaining this mission. As part of this commitment, we have today announced four pledges.

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Accelerate emissions reduction efforts in our own companies by taking action to sustain investments and technology development in low-carbon solutions, so we can continue to meet OGCI’s collective, as well as each companies’ specific, climate commitments.

Continue to support the development, implementation and scale-up of innovative low carbon solutions in oil and gas, other industries and commercial transportation through OGCI Climate Investments, our $1B+ fund.

Advance opportunities to scale up commercially viable, environmentally responsible, and safe #CCUS in close collaboration with @CEMSecretariat countries to decarbonize multiple industrial sectors, and through OGCI Climate Investments.

Continue to support governments as they design efficient policies that can accelerate energy transitions, whilst stimulating economic growth, working in particular with our partners like the @IEA, @CEMSecretariat and the #GlobalMethaneAlliance.