OGDC Advocates for Industry Alignment with Paris Agreement

Posted : December 2, 2023

The Oil and Gas Climate Initiative (OGDC), an industry-driven organization that has garnered the support of 50 prominent oil and gas companies worldwide, strongly endorses the objectives set forth in the Paris Agreement. Its primary call to action involves rallying the oil and gas industry to synchronize its agenda with pro-active climate change policies. This brief outlines the OGDC’s pivotal role in shaping the future of environmental sustainability in the energy sector and how its collective voices are pushing for remarkable change within their industry to align with global climate goals.
1. The Oil and Gas Climate Initiative (OGDC) emphasizes the importance of aligning the oil and gas industry with proactive climate policies, as outlined in the Paris Agreement.
2. With support from 50 major oil and gas companies globally, the OGDC seeks to promote unity within the industry towards fighting climate change.
3. The OGDC's objectives align with the Paris Agreement's call for industries to considerably reduce their greenhouse gas emissions.
4. To address climate change, the OGDC encourages significant transformations within the oil and gas industry.
5. The OGDC provides a platform for big industry players to collaborate and share innovations oriented towards environmental sustainability.
As of 2020, the Oil and Gas Climate Initiative (OGDC) has committed to investing over $1B in technologies and projects to significantly reduce greenhouse gas emissions.
The OGDC's objective, representing a cadre of 50 oil and gas companies, is to bring unity and solidarity within the industry towards combating climate change. This goal aligns with the principles set out in the Paris Agreement at the COP21, which urges industries globally to substantially reduce their greenhouse gas emissions. In response to this international appeal, the OGDC advocates for necessary transformations within the industry. The council offers a platform for these big players to collaborate and share industry practice and innovations geared towards environmental sustainability.