Oil and Gas operations from OGDC signatories
All signatories have agreed to the following aims:
Net-zero operations by or before 2050.
Near-zero upstream methane emissions by 2030.
Zero routine flaring by 2030.
Set and share 2030 Scope 1 & 2 emissions ambition (if not already publicly shared).
In addition, all signatories recognize the need to:
Report on progress in accordance with internationally recognized frameworks.
Collaborate on reducing Scope 1 & 2 emissions and share environmental best practices.
Invest in the energy systems of the future, including electrification of upstream operations, deployment of CCUS and use of low-carbon hydrogen.
Highlights 2025
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Signatories representing ~40% of global oil production and ~35% of global oil and gas production.
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Companies answered the survey (98% of OGDC production), of which 35 (60% of OGDC production) shared previously unpublished data.
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Signatories have individual third-party verification systems in place.
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Signatories reported having Scope 1 & 2 interim action plans in 2024, 5+ from 2023.
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Signatories reported having methane action plans in 2024, 11+ from 2023.
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Signatories reported having flaring action plans in 2024, 11+ from 2023.
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Signatories have set voluntary interim ambitions totaling 94% of total OGDC operated production.
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CO2e kg/boe
Estimated Scope 1 & 2 upstream carbon intensity.
USD $
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billion
Invested by signatories in low-carbon solutions including renewables, carbon capture, hydrogen and sustainable fuels in 2024.
Eni, 2025
COP29, 2024
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Signatory professionals trained across 18 companies.
