Dubai, December 1st 2023. Today at the COP28 was launched during a press briefing the Annual International Methane Emissions Observator (IMEO) report in which it is announced that XP has achieved the Gold Standard Pathway status from the Oil & Gas Methane Partnership (OGMP 2.0). This acknowledgment reflects XP commitment to develop a credible and robust implementation roadmap to achieve the highest level in methane emissions monitoring within the next 3 years.
This achievement underscores our unwavering dedication to addressing methane emissions with transparency and responsibility.
OGMP 2.0 is the leading initiative from the United Nations Environment Program, Environmental Defense Fund, and the Climate and Clean Air Coalition dedicated to improve methane emissions reporting within the oil and gas sector. We appreciate OGMP's recognition and look forward to be part of the global effort to address methane emissions in the oil and gas industry. As such, we remain committed to implement our roadmap and to continue our efforts to reduce methane emissions across our operations and reach our target of 0,2% methane intensity by 2025.
The report can be found at https://www.unep.org/resources/report/eye-methane-international-methane-emissions-observatory-2023-report
