Chapter 3:

As the global energy landscape continues to rapidly evolve, the imperative to balance growing energy needs with emissions reduction remains central to the work of OGDC signatories.

Two years after its launch, OGDC is showing how collective ambition is sustaining momentum for global action. The coalition brings together a diverse set of companies, perspectives and contexts – this rich blend of experiences creates unique pathways for collaboration. 

The data presented in this report underscores the progress underway. It also offers a proof point for how OGDC is helping to build a culture of achievement, learning and transparency across the oil and gas industry.

Encouraging developments are emerging throughout OGDC; these are taking different forms based on signatory needs. Some are disclosing data for the first time and others are establishing their first company-wide baselines, while many are providing previously unpublished performance data to the OGDC Secretariat. 

As OGDC looks ahead to 2030, the initiative’s priorities remain aligned with the aims Charter. In particular, methane and flaring emissions must be reduced and data quality must improve to enable more robust tracking of progress. With each reporting cycle, the aim is to achieve greater transparency, comparability and impact.

We remain confident that OGDC will deliver impact and drive real progress towards meaningful operational emissions reduction.