Reference material
Governance
The governance of OGDC is constructed to ensure accountability, transparency and active leadership by its signatories. The Charter’s governance comprises three principal components of decision: the CEO Champions, the Signatories Committee and all Signatories— the process is supported by the OGDC Secretariat. Operations are managed by OGCI under an initial three-year period at the request of the COP28 President. This arrangement is designed to ensure credibility and effective delivery of the Charter in its early years, drawing on OGCI’s established expertise in emissions reporting, stakeholder engagement, and project management. All signatory-held governance roles are voluntary and unpaid.
CEO Champions
The CEO Champions are three Chief Executive Officers appointed from among the companies by a majority of signatories. All companies retain one vote. The CEO Champions represent the current proportion of national oil companies (NOCs) and international oil companies (IOCs) within the Charter, which today is two-thirds NOC and one-third IOC. Each Champion serves a three-year term, during which they will work to advance the aims of the Charter, both with signatories and externally. A significant part of the CEO Champion’s role is to foster a spirit of shared action between signatory entities, actively pursue the Charter’s goals and maintain momentum behind its principles. Current CEO Champions are ADNOC, Aramco and TotalEnergies.
Signatories Committee
The Signatories Committee is a broader body of senior executives drawn from signatories. Like the CEO Champions, this group is also composed to balance representation between IOCs and NOCs, reflecting the diversity of the OGDC membership. The Committee supports the Champions in the exercise of their leadership responsibilities. It also provides oversight and demonstrates initiative by driving forward the Charter’s objectives, helping to translate voluntary ambitions into action across the signatory base. Petrobras currently chairs the Committee, with the role of Signatory Committee Chair historically rotating each year, despite no formal fixed term.
Signatories
Signatories are engaged and consulted in the decision-making process for all significant Charter matters, including partnerships and approval of external reports.
The Secretariat
The OGDC Secretariat is a dedicated operational team from OGCI that supports signatories to achieve the aims of the Charter. It works in coordination with the CEO Champions, the Signatories Committee and signatories to carry out OGDC programs and projects. The Secretariat also engages with relevant external stakeholders in the energy industry and civil society to support the effective implementation and practical delivery of the Charter. The Secretariat’s responsibilities include coordination, support, facilitation, and monitoring of the Charter’s mission.
Acknowledgements
We would like to express our sincere gratitude to our signatories, whose initiative, drive and collaboration have enabled the OGDC Secretariat to continue expanding the Collaborate & Share program. Participation through 1:1 training, webinars, peer-to-peer exchanges and case study submissions underpins this initiative, helping foster learning across and beyond the oil and gas industry. In addition to our signatories, we are also grateful to our external partners, who are helping activate a culture shift to deliver long-term, lasting impact on decarbonization goals and transparency in reporting.
Founding Partner of the OGDC and host of the Secretariat
Non-industry Partners
Data Aggregation, Methodology and Reporting
The OGDC 2025 Status Report compiles emissions data from 55 signatories, representing a wide range of geographies, business models, operational scopes, and reporting maturity levels. For example, four signatories do not operate oil and gas assets, and one focuses solely on downstream operations, and therefore some of the analysis may not be relevant to all.
The OGDC Secretariat designed the survey template and sent it to the signatories. Signatories provided their company data to DNV, sometimes copying the OGDC Secretariat. Signatories did not have access to data submitted by other signatories, nor will such access be permitted in the future. This approach is intended to safeguard the confidentiality of commercially sensitive information and follow competition law guidelines, particularly as much of the data is not in the public domain. Accordingly, data collected from individual signatories will not be openly shared with other signatories.
This diversity in reporting maturity and operating models necessitated the use of external data sources—such as publicly available information and Rystad Energy’s datasets—and assumptions in limited cases to present a comprehensive picture of OGDC. Accordingly, the GHG emissions figures in this report should be interpreted with caution, as they carry a higher degree of uncertainty.
To help address these challenges, DNV worked closely with signatories to clarify submissions and fill data gaps where possible. The analysis revealed inconsistencies and uncertainties in the reporting methodologies employed by signatories, particularly on GHG emissions reporting. These insights are now being used to guide improvements in future reporting cycles.
The report summarizes data submitted as of September 2025, covering performance in 2024 and, where available, in 2023 and 2022.
Relevant definitions
Low-carbon projects [OGCI Reporting Framework (2023), page 12]: This indicator covers CAPEX spent in the year of reporting for the following: renewables energies (electricity & heat) (wind, solar, hydro, geothermal, marine), electricity & heat storage, CCUS projects. When CCS is included into a new facility, the company will estimate the share of the amount that is dedicated to CCS. This excludes investments in CCUS through OGCI CI. Projects that aim to increase energy efficiency as primary purpose, biofuels projects, blue or green hydrogen projects, Sustainable mobility, Natural Climate Solutions projects. Purchase of carbon credits is excluded.
Scope 1 emissions [OGCI Reporting Framework (2023), page 4]: “Direct GHG emissions: Emissions from sources at a facility owned (partly or wholly) and/or operated by the company, such as emissions from combustion in boilers or furnaces.” Other reporting standards/disclosure references related to Scope 1 emissions.
Scope 2 emissions [OGCI Reporting Framework (2023), page 4]: “Indirect GHG emissions from imported energy: GHG emissions that occur at the point of energy generation (owned or operated by a third party) for electricity, heat or steam imported (i.e. purchased) for use on site by the reporting entity.”
Aramco, 2025