At COP28, 50 oil and gas companies came together around a set of aims to reduce operational emissions.
Today, over 55 signatories are working towards the Charter’s ambitions, including reaching net-zero operations by or before 2050, near-zero upstream methane emissions by 2030, and zero routine flaring by 2030.
Three years after OGDC’s launch, this year’s report shows that signatories are focused on implementation, taking important steps towards delivering on the aims of the Charter.
Inside the report:
- Signatory data on methane, flaring, and operational emissions.
- New Collaborate & Share case studies from companies at different points of the decarbonization journey.
- The priorities on the road to 2030.
Our Impact
OGDC signatories' upstream operations worldwide
One-third
of global oil and gas production
countries
fields
All signatories have agreed to the following aims:
Near-zero upstream methane emissions by 2030.
Zero routine flaring by 2030.
Set and share 2030 Scope 1 and 2 emissions aspirations (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 and 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 2026
signatories representing one-third of global oil and gas production.
companies answered the survey (97% of OGDC operated production), of which 30 shared previously unpublished data.
signatories have individual third-party verification systems in place, up three signatories from the 2024: A Baseline for Action report. These systems now cover 92% of OGDC operated production.
signatories reported having Scope 1 and 2 interim action plans in 2025, up 5 compared with 2024, representing a 40% increase since the 2024: A Baseline for Action report.
signatories reported having methane action plans in 2025, up 6 compared with 2024, representing a 63% increase since the 2024: A Baseline for Action report.
signatories reported having flaring action plans in 2025, up 5 compared with 2024, representing a 78% increase since the 2024: A Baseline for Action report.
signatories have interim emission ambitions, 24% more than in the 2024: A Baseline for Action report. 96% of OGDC operated production is now covered by such ambitions.
invested by reporting signatories in low-carbon solutions in 2025.
signatory professionals and engineers trained in the last year, and a total of over 4,000 combined since launch.
Continued improvement is needed in methane and flaring performance, alongside data quality and reporting.
OGDC 2026 Status Report
Reporting Framework
Learn more about the framework supporting consistent and transparent reporting across the signatory base.