Vår Energi joins global initiative to reduce methane emissions from operations.
Vår Energi has set ambitious targets to reduce climate emissions from operations. The main goal is to be climate neutral by 2030 and reducing methane emissions is an essential tool for reaching the 2030 target.
Vår Energi now joins the global joint industry “Aiming for Zero Methane Emissions Initiative”, headed up by Oil and Gas Climate Initiative (OGCI), whose members include companies like ENI, BP, Chevron, Equinor, ExxonMobil, and Shell.
Companies joining the Initiative agree to implement plans and actions to reach near zero methane emissions from their operations by 2030, reporting transparently, adopting better monitoring and measurement technologies, and supporting the implementation of sound regulations.
Vår Energi CEO, Torger Rød explains, “Sustainability runs as a green thread through all activities in Vår Energi. We have established a roadmap for how to be climate neutral by 2030 and reducing methane emissions is an essential part of the plan. We have already been reducing methane emissions from our production activities for several years. Now we are taking one important step further by joining forces with other industry players at a global level.”
The Aiming for Zero Methane Emissions Initiative is taking an all-in approach and demonstrating the willingness of its partners to take climate protection as seriously as the oil and gas industry takes safety: the target is “zero”, and all members strive to achieve this goal.
The Aiming for Zero Methane Emissions Initiative was launched in March 2022 by the CEOs of the OGCI member companies.
The Oil and Gas Climate Initiative is a CEO-led initiative that aims to accelerate the industry response to climate change. OGCI member companies explicitly support the Paris Agreement and its aims. By taking individual and collective actions, OGCI members will help accelerate the energy transition through deep reductions in greenhouse gases.