Oxy’s Post

For the past 10 years, OGCI has been leading the industry’s response to #ClimateChange. In this time, our 12 member companies have reduced methane emissions, invested in low-carbon technologies and set industry benchmarks. We've shown the power of collaboration, but with 2023 the warmest year since global records began, there is much still to be done. Learn more about our progress from our Executive Committee Chair, Bjørn Otto Sverdrup:  #OGCI10

Some pledges become just pledges. Others change minds of leaders, shape how an entire industry approaches climate, drive performance, hold members accountable, and establish truly joint efforts. We in OGCI (Oil and Gas Climate Initiative) strive to be in the latter category. Also for our next decade.

The Science Based Targets initiative (SBTi) have now verified our new net-zero target of a 90% carbon reduction by 2045. This is our long term reduction target. We also have a near-term target to reduce scope 1&2 emissions by 42% and measure scope 3 to meet the global goal of 1.5 °C by 2030. Read more here. https://lnkd.in/ewaBBrd2 #ScienceBasedTargets #SBTi #ClimateActionNow #AGforPeopleandPlanet

We're proud to share that we've achieved validation on our Net-Zero targets and strategy from the Science Based Targets initiative (SBTi). Over the past 12 months, we've worked closely with Net-Zero consultant SLR Consulting, to review our greenhouse gas emissions. This helped us quantify our carbon footprint, identify sources of emissions, and develop a detailed plan to decrease them. Find out more and read comments from Managing Partner, Jeanette Burgess; and Partner and ESG Steering committee member Simon Clark here. #ESG #Environment #NetZero #SBTi #WalkerMorris #ForgeYourOwnPath

We are excited to tell you that we have sent our emissions reduction targets for official validation by the Science Based Targets initiative (SBTi)! 💙 In accordance with our targets, by 2030 we will reduce at least 42% of our total emissions (Scope 1, 2 and 3) compared to 2021. We expect the SBTi committee to confirm our targets during 2024. 🤩 #Caverion #BuildingPerformance #sustainability #SBTitargets #emissionreduction

Thrilled to share a recent feature on Capital.gr spotlighting EMICERT's innovative services in emissions verification and certification. In the article "EmiCert: Καινοτόμες υπηρεσίες πιστοποίησης και ελέγχου εκπομπών", we highlight our groundbreaking approach to GHG emissions verification and voluntary emissions inventories. As the first accredited Greenhouse Gases Verification Body by ESYD under ISO 14065, we are at the forefront of sustainability and compliance. Our rapid growth reflects the dedication and expertise of our incredible team. With over 25 lead verifiers from various countries, we bring a wealth of talent and knowledge to every project. Read more about our journey and innovative solutions here: https://lnkd.in/gNUgV_S5 #EMICERT #Innovation #GHGVerification #Sustainability #EmissionsControl #ClimateAction

HYPHEN JOINS HEDERA GUARDIAN ECOSYSTEM TO DEVELOP NEW DMRV METHODOLOGIES GFN member HYPHEN GLOBAL AG unveiled their partnership with The HBAR Foundation as part of the Hedera Guardian ecosystem. Hyphen will lead the design of advanced methodologies for enhanced Digital Measurement, Reporting and Verification (dMRV). Hyphen utilizes real-time atmospheric monitoring to ensure precise and continuous measurement of carbon sequestration, removal, and reductions in dynamic ecosystems, focusing on nature-driven solutions in direct support of Article 6.4 of the Paris Agreement. The HBAR Foundation serves as a dynamic catalyst, empowering innovators and visionaries to navigate the complexities of market introduction. The Hedera Guardian is an open-source platform that provides auditable, traceable, and reproducible records that document the emission process and lifecycle of carbon credits, which reduces fraud in the sustainability market. Read more in the following link. https://lnkd.in/exgb4djT Andreas B. Miles Austin #dMRV #carbonmarkets

Book a meeting with Alex Georgiadis or Alexi Chomyszyn at UKREiiF next month in Leeds. They will be on-hand to discuss how ActiveScore and ModeScore can add value while reducing emissions, contributing to ESG and enhancing the built environment 🏢 🌿 📧 ⇢ [email protected] #UKREiiF #Leeds #ActiveTravel #CRE #ESG

At the start of a new year, do you take a look back at the year prior? In our latest blog, the LoCI team reviews 2023 industry changes, milestones, and of course, says a big thank you to our customers. Read our "Year in Review" post below. https://lnkd.in/eS-nC-BG #team #renewableenergy #innovation

🎯The first steps in the revision of our Corporate Net-Zero Standard are well under way, with the first output from the research phase, a Scope 3 discussion paper, anticipated to be released soon. This paper will set out SBTi’s initial thinking on potential changes being explored to improve the effectiveness of scope 3 target setting. The paper is a research product, informative in nature and will not propose draft requirements or criteria. While these revisions happen, it should be noted that the current SBTi Corporate Net-Zero Standard V1.2 continues to be the most recent and valid resource for companies to set net-zero aligned science-based targets. No decisions have been made with regard to the revision of this standard. Any decisions on changes to the standard will be made after a rigorous process of research, consultation, pilot testing, approval by the Technical Council and adoption by the SBTi Board of Trustees. 👉Head over to our website to learn more: https://lnkd.in/eCcEfptC #sciencebasedtargets  #SBTiScaleUp #netzero