Climate Change Data

United Nations Environment Programme (UNEP)

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1.6 million tonnes (2022 OGMP 2.0 reported emissions)

ESG Focus Areas

  • Climate Change (Methane Emissions)

Environmental Achievements

  • Launched Methane Alert and Response System (MARS), detecting 127 methane plumes and notifying responsible authorities.
  • OGMP 2.0 expanded coverage to 37% of global oil and gas production (September 2023).

Social Achievements

  • Delivered 39 methane mitigation trainings to 650 participants from 27 countries.
  • Engaged with governments in Argentina, Libya, Nigeria, and Turkmenistan to support methane mitigation efforts.

Governance Achievements

  • Developed and implemented OGMP 2.0, a measurement, reporting, and verification (MRV) program for methane emissions in the oil and gas sector.
  • Published 20 peer-reviewed scientific papers on methane emissions.

Climate Goals & Targets

Long-term Goals:
  • Root-cause analysis
  • Establish root cause of heavy-tailed nature of emission distributions
Medium-term Goals:
  • Deepened analysis of emission patterns, assessment of gaps, key discrepancies
  • Country-level data for GMP baseline and compliance
  • Artificial Intelligence and Machine Learning analysis
Short-term Goals:
  • Continuous improvement of OGMP 2.0 reporting level
  • Roll-out of Methane Supply Index version 0
  • Full operationalization of MARS

Environmental Challenges

  • Large discrepancies between global measurement-based assessments and industry-reported emissions.
  • Significant uncertainty surrounding the magnitude and location of methane emissions.
  • Many non-operated assets of OGMP 2.0 member companies were not reported.
  • Data quality and uncertainty in methane emissions measurements.
Mitigation Strategies
  • Developed and implemented MARS to improve data collection and notification.
  • Improved OGMP 2.0 reporting levels to increase data quality and reduce uncertainty.
  • Launched country baselining studies to improve understanding of methane emissions across sectors.
  • Ongoing scientific studies to reduce uncertainty in magnitude and location of methane emissions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: OGMP 2.0

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 13 (Climate Action)

Reducing methane emissions contributes to achieving these goals.