Bureau Veritas supports Aiming for Zero Methane Emissions Initiative
May. 30 2023
Bureau Veritas joins over 80 companies, including major oil and gas producers, service companies and leading global consultancies, in pledging to achieve net zero methane emissions from oil and gas operations by 2030.
Reducing methane emissions from oil and gas production is one of the quickest ways to help achieve the objectives of the Paris Agreement. It is a top priority for the Oil and Gas Climate Initiative (OGCI), which launched the Aiming for Zero Methane Emissions initiative last year.
Through the BV Green Line of sustainability services and solutions, Bureau Veritas helps organizations assess their carbon footprint, identify emissions hotspots, and develop a Net Zero roadmap with clear actions to reduce emissions. It is within this framework that the Group has committed to the global initiative.
OGCI is a CEO-led organization bringing together 12 of the world’s largest energy companies to lead the oil and gas industry’s response to climate change. The group aims to accelerate collective action towards a net-zero emissions future in line with the Paris Agreement.
Aiming for Zero complements a number of other multi-stakeholder initiatives to reduce methane emissions, including the Methane Guiding Principles, the Oil & Gas Methane Partnership 2.0 and the Global Methane Alliance.
Bjorn Otto Sverdrup, OGCI Executive Committee Chair, said: “I’m delighted that Bureau Veritas has joined the Aiming for Zero Methane Emissions Initiative. BV’s commitment will help to strengthen the initiative and sends a clear signal that the time for change is now. BV, with its more than 82,000 employees, is a world leader in testing, inspection and certification and I am convinced they can play a key role in the industry-wide effort to reduce methane emissions.”
As a supporter of the Aiming for Zero Methane Emissions initiative, Bureau Veritas will help industry players implement and evaluate improvement programs. We can also verify their information, enabling companies to transparently communicate their progress toward net zero.
Andrea di Lillo, Business Development director, Oil & Gas business line at Bureau Veritas, added: “Achieving net zero emissions is a powerful driver for accelerating the energy transition. We recognize that eliminating methane emissions from the upstream oil and gas industry represents one of the best short-term opportunities for contributing to climate change mitigation. We’re pleased to join the Oil and Gas Climate Initiative as supporter of the Aiming for Zero Methane Emissions initiative. With years of experience, we are well positioned to help the industry increase confidence in data, align investment with strategy and implement improvement programs. In addition, through verifying information, we enable industry players to communicate transparently about their progress toward net zero.”
Bureau Veritas is the first Testing, Inspection & Certification (TIC) company to support this initiative. We are pleased to be able to provide independent third-party guidance based on our expertise in the energy sector and our knowledge of standards and legislations.
As a Business to Business to Society company, Bureau Veritas is committed to tackling the world’s most pressing challenges. We will continue to support our clients in their efforts to reduce their carbon footprint, achieve net zero emissions, implement sustainable resource use and manage the energy transition.
Read our insight on how BV supports O&G players to reduce their carbon footprint
Discover our infographic on MONITORING AND QUANTIFYING GHG EMISSIONS IN OIL & GAS