Sustainable Measures OGCI Member Countries Sign Open Letter to Promote Low-Carbon Future
Member companies of the Oil and Gas Climate Initiative (OGCI) have stated in an open letter that they will increase their efforts in their respective companies to reduce emissions, continue to support the development of innovative low carbon solutions and also support governments in their green policies.
China – On May 26, Oil and Gas Climate Initiative (OGCI) member companies signed an open letter addressing external concerns and reaffirming their pledge to act collectively in combating the climate challenge to support global economic recovery and promote the transition to a healthier and lower-carbon future.
In the open letter, they stated that the Covid-19 crisis has consolidated their efforts to act collectively in combating the climate challenge and to accelerate the global response to the risk of climate change even as they support economic growth. OGCI and its member companies reiterated their continued efforts and pledge to: accelerate emission reduction efforts in their own companies; continue to support the development, implementation and scale-up of innovative low carbon solutions; advance opportunities that are commercially viable, environmentally responsible, and safe carbon capture, use and storage; and continue to support governments as they design efficient policies that can accelerate energy transitions while stimulating economic growth.