CHAPTER 1:
Bringing the Charter to Life
In December 2023, the Oil and Gas Climate Initiative (OGCI) was appointed to lead the Charter’s operations for three years.
A governance framework has been created that has earned the backing of all 54 signatories. This includes two leadership bodies: the CEO Champions, a panel of leaders from three signatory companies who will serve in rotation, and the Signatories Committee, which consists of senior representatives from 12 OGDC signatories.
The OGCI has established a dedicated team to build the structures that will support signatories as they turn Charter ambitions into real-world climate outcomes. These include a central hub where signatories can collaborate with peers and access best practices, technical information and customized training.
Given the speed and scale of the change required, the initiative has adopted an agile operating model – one that will continuously iterate, innovate and collaborate to drive progress.
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We are proud to be amongst the founding members of the Charter. Ecopetrol has always put its sustainability agenda at the front and center of its operations, and we are leading by example in Latin America.
The commitments acquired through the OGDC are aligned with the long-term company strategy ‘Energy that transforms’, and, as a national oil company, we believe in the key role we play fostering a safe and just energy transition.
We look forward to collaborating as part of the OGDC, to scale up climate action in the region and to encourage other oil and gas companies in the country to speed up their efforts to decarbonize.”
Sandra Lucia Rodriguez
VP of Territorial Transformation and HSE at Ecopetrol